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Listed by: Andarge Taye (408) 469-0262 DRE #01738849 | Value Pacific Realty (408) 469-0262
$1,195,000
Monthly Est:$5,948
8 Beds
-- Bath
4,278sqft
2261 48th Avenue, Oakland, CA 94601
$1,195,000
$5,948/moEst:
Get Pre-Approved
Quadruplex
Built in 1960
$-- HOA
7,300 sqft lot
$279/sq.ft
Description
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.
- Houzeo last checked: 4 hours ago
- Listing updated: October 29, 2026 at 1:04 am
- Source: California Regional MLS-CA | MLS#: ML82065586
Property 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
ML82065586
MLS Status
Active
Days on Market
5
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathroom: --
Interior
Cooling
None
Construction
Year Built
Year Built: 1960
Home type
Quadruplex
Foundation Details
Concrete Perimeter
Utilities & Energy
Water Source
Public
Price History
| Date | Event | Price |
|---|---|---|
10/23/2026 Source: | Listed for Sale | $1,195,000 $279/sqft |
07/09/2026 Source: | Sold | $1,195,000 $279/sqft |
07/02/2026 Source: | Pending | $1,195,000 $279/sqft |
06/23/2026 Source: | Contingent (Active Under Contract) | $1,195,000 $279/sqft |
05/20/2026 Source: | Price Decreased | $1,195,000 -20.33% $279/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 06:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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