2261 48th Avenue, Oakland, CA 94601

• 9 beds
• 4,278 sqft

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

Listing Status:

Active

Date Added:

April 30, 2026

Data Last Updated:

May 20, 2026 at 7:06AM

Listing Office:

Marcus & Millichap : 650-391-1700

Listing Agent:

Eymon Binesh : 650-546-1030

MLS ID:

ML82045267

Interior

• A/C: No Air Conditioning
• Heating: Natural Gas

Location

• School District: Oakland (510) 879-8111
• County: Alameda

Lot

• Zoning: RM0362416008

Utilities

• Water: Public
• Sewer: Public Sewer