2261 48th Avenue, Oakland, CA 94601
Fourplex · 2 recorded sales since 2017
Sold July 2026
Listing Agent: Eymon Binesh (DRE #02060059) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Andarge Taye · Value Pacific Realty · MLS #ML82045267 · Source: CRMLS
About this fourplex
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 transit, neighborhood retail, and parks. A solid multifamily investment in a strong East Oakland rental corridor.
Listing description from the July 2026 sale, as reported to CRMLS.
Sale history
