2261 48th AVE, Oakland, CA 94601
2261 48th AVE, Oakland, CA 94601
2261 48th AVE, Oakland, CA 94601
2261 48th AVE, Oakland, CA 94601
2261 48th AVE, Oakland, CA 94601
2261 48th AVE, Oakland, CA 94601
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Preet Sandhu

Preet Sandhu

+1(559) 907-9993
$ 1,195,000
Est. payment | /mo

4,278 SqFt

Save
$ 1,195,000
Est. payment | /mo
Save

4,278 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,278 sqft

Price per Sqft $279

MLS Listing ID ML82065586

HOA Y/N No

Year Built 1960

Annual Tax Amount $23,349

Lot Size 7,300 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Alameda

Zoning RM

Interior

Cooling None

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Accessibility Parking

Total Parking Spaces 4

Building

Story 2

Foundation Concrete Perimeter

Water Public

Schools

School District Other

Others

Tax ID 0362416008

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Andarge Taye Value Pacific Realty #01738849

Nearby Locations

Preet Sandhu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

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2261 48th AVE

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