2261 48th Ave, Oakland, CA 94601
- Sqft
- 4,278
- Garage
- Yes
View property features, location on map, relevant school information and overview from seller's agent.
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Square feet
- 4,278
- Lot size (acres)
- 0.17
- Year built
- 1960
Exterior features
- Horse amenities
- Stable
Garage and parking
- Garage parking spaces
- 4
Utilities
- Heating
- Gas
- Cooling
- None
Taxes
- Tax Annual Amount
- $23,349
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: MLSListings (California) MLS®#: ML82045267 Last checked: …
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