2261 48th Avenue, Oakland, CA — listing photo 1
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FOR SALENew Listing

2261 48th Avenue

Oakland, CA 94601
4,278 Sq Ft
Built 1960
$1,195,000

Property Overview

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 transit, neighborhood retail, and parks. This is a solid multifamily investment in a strong East Oakland rental corridor.

Home Details

Property type
Residential Income - Quadruplex
Year built
1960
Living area
4,278 sq ft
Lot size
7,300 sq ft
Parking
4 spaces
Garage
4 spaces
Stories
2
Days on market
0
MLS status
Active
Zoning
RM

Community, Schools & Utilities

Community

Annual property tax
$23,349

Schools

School district
Other

Utilities

Cooling
None
Water
Public
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Location & Neighborhood

2261 48th Avenue

Oakland, CA 94601

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Frequently Asked Questions About 2261 48th Avenue

Property type: Residential Income

The current asking price is $1,195,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 2261 48th Avenue. Our team will confirm availability and timing.
This property offers approximately 4,278 square feet of living space. It was built in 1960. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Oakland, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Oakland property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Andarge Taye
MLS ID: ML5065292

Available property

$1,195,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.