2261 48th

Oakland, CA, 94601
Active Under Contract $1,195,000
  • 4,278sqft
  • 7,300sf lot
Listing agent:
Eymon Binesh
Marcus & Millichap
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.

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2261 48th is a Residential Income Fourplex property located in Oakland, California, featuring a 7,300 sqft lot, 4,278 sqft, MLS #ML82045267.
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Data last modified: 2026-06-25 16:09:26