CA
Alameda
OAKLAND
94601
2261 48th Avenue
2261 48th Avenue, OAKLAND, CA 94601
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Listing Type
Multi Family
Listing Status
Active
7
$1,500,000

Home Details for 2261 48th Avenue

Price
$1,500,000
Type
Residential Income
Square feet
4278
Year built
1960
County
Alameda
Garage
4
MLS Listing#
ML82045267
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property Description

Marcus $ Millichap is pleased to present 203 Bissell 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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Garage
    • 1
  • Parking
    • Attached
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-05-11 12:10:45
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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