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Listed by: Eymon Binesh (650) 546-1030 DRE #02060059 | Marcus & Millichap (650) 391-1700
$1,195,000
9 Beds
- -- Bath
4,278sqft
2261 48Th Ave, Oakland, CA 94601
$1,195,000
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Quadruplex
Built in 1960
$-- HOA
7,300 sqft lot
$279/sq.ft
Description
Marcus $ Millichap is pleased to present 2261 48th Ave, a well-maintained 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 and is 100% occupied, providing stable in-place income. The unit mix consists of three 2BD/1BA units and one 3BD/2BA unit, all with spacious layouts. The property offers 4 garage parking spaces (1:1 ratio), individually metered gas and electric, and master metered water. In-place rents are approximately 9% below market, offering upside through rent growth over time. Conveniently located near High Street, Foothill Blvd, I580, I880, public ...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1960
HOA Fees
-
Finished Area
4,278 sqft
Lot Size
7,300 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82045267
MLS Status
Active
Days on Market
29
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