---
listing_id: ML82065586
status: Active
price: 1195000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 4278
sqft_lot: 7300
lot_acres: 
year_built: 1960
property_type: Residential Income
property_subtype: 
address: "2261 48th Ave"
city: Oakland
state: CA
zip: 94601
county: "Alameda County"
lat: 37.777405
lng: -122.204581
days_on_market: 4
hoa_fee: 
hoa_frequency: 
garage_spaces: 4
list_agent: "Andarge Taye"
list_office: "Value Pacific Realty"
list_agent_phone: "(408) 469-0262"
list_agent_license: 01738849
mls_source: MLSL
modified: 2026-10-23
transaction_type: buy
---

Home | Alameda County | Oakland | 94601 | 2261 48th Ave

2261 48th Ave, Oakland, CA 94601

MLS: ML82065586 | Status: Active | Price: $1,195,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – 4,278 7,300 1960

Remarks

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.

MLS Listing Information

Field Value
MLS # ML82065586
MLS Source MLSListings, Inc.
Days on Site 4

Features

Interior Features

Feature Details
Cooling None
Heating Gas

Exterior Features

Feature Details
Roof Rolled/Hot Mop
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
Garage/Parking Attached Garage, Garage: 4 Car(s)
Elementary District Oakland Unified
High School District Oakland Unified
Water Public
Zoning RM

Contact Information

Andarge Taye
Value Pacific Realty
License #: 01738849
Phone: (408) 469-0262

Property Units

# Buildings # Leased Units # Total Units
1 4 4

Unit Details

Unit # Sq Ft Beds Baths Rent
1 – 1 1/0 $2,306
2 – 2 1/0 $2,375
3 – 3 2/0 $3,027
4 – 2 1/0 $2,700

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Horace Mann Elementary School public K-5 0.24 mi 1
Fremont High public 9-12 0.33 mi 2
Melrose Leadership Academy public K-8 0.43 mi 7
Global Family School public K-5 0.48 mi 5
Bridges Academy at Melrose public K-5 0.72 mi 2
Allendale Elementary School public K-5 0.77 mi 1
Life Academy public 6-12 0.87 mi 5
United For Success Academy public 6-8 0.87 mi 2
Greenleaf Elementary School public K-8 1.03 mi 3
Urban Promise Academy public 6-8 1.11 mi 2
Laurel Elementary School public K-5 1.16 mi 4
Frick United Academy of Language public 6-8 1.18 mi 1
Coliseum College Prep Academy public 6-12 1.25 mi 5
Community United Elementary School public K-5 1.30 mi 3
Fruitvale Elementary School public K-5 1.39 mi 2
International Community School public K-5 1.40 mi 5
Think College Now School public K-5 1.40 mi 3
Manzanita SEED public K-5 1.47 mi 4
Manzanita Community public K-5 1.50 mi 1
Infant And Preschool Program public 2 1.50 mi N/A

Nearby Homes

Address Price Beds Baths Sq Ft Status
3520 Custer St $1,149,000 – – 3,906
2508 Damuth St $1,150,000 – – 3,840 Active
3607 Maple Ave $1,125,000 – – 4,172 Active
2820 Garden St $1,350,000 – – 6,728

Disclosures

©2026 MLSListings Inc. All rights reserved. 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 provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

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This listing information is up-to-date as of October 23, 2026. For the most current information, please contact Andarge Taye, (408) 469-0262.