2261 48th Avenue, Oakland, CA 94601

Oakland
Local realty services provided by:ERA North Orange County Real Estate
2261 48th Avenue,Oakland, CA 94601
$1,195,000
  • - Beds
  • - Baths
  • 4,278 sq. ft.
  • Multi-family
  • Active
Listed by: andarge taye
Office: value pacific realty
MLS#:82065586
Source:MLSListings

Price summary

  • Price:$1,195,000
  • Price per sq. ft.:$279.34

About this home

Value Pacific Realty is pleased to present to you 2261 48th Ave, Oakland a well-maintained great income generating 4-unit multifamily property located in East Oaklands Lower Maxwell Park/Melrose area. Built in 1960, the property features approximately 4,278 SF on a 0.17acre lot. Three units are occupied with stable income, and one unit is just fully updated and ready for a primary owner residence or a new tenant with an estimated market rent for 2,700/m. The unit mix consists of three 2BD/1BA units and one 3BD/2BA unit, all with spacious layouts. Each unit is equipped with washer and dryer. The property offers 4 garage parking spaces (1:1 ratio), with additional parking space in front of the garage and street parking. individually metered gas and electric, and master metered water. In-place rents for the three units are approximately 10-12% below market which can offer upside through rent growth over time. Conveniently located near High Street, Foothill Blvd, I580, I880, public...

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Home facts

  • Year built:1960
  • Listing ID #:82065586
  • Added:2 day(s) ago
  • Updated:October 26, 2026 at 04:29 PM

Rooms and interior

  • Living area:4,278 sq. ft.

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Rolled Composition
  • Year built:1960
  • Building area:4,278 sq. ft.
  • Lot area:0.17 Acres
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:City/Public
  • Sewer:Connected

Finances and disclosures

  • Price:$1,195,000
  • Price per sq. ft.:$279.34

Parking

  • Parking description:Attached
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