2261 48th Avenue Oakland, CA ^$ 1,500,000

2261 48th Avenue

^$ 1,500,000

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Recently Listed

2261 48th Avenue

Oakland, CA, 94601

^$ 1,500,000

Studio Baths0.0 Sq 4,278

Monthly Estimate*

^$ 9,236

Listed by Marcus & Millichap

2261 48th Avenue, Oakland, CA 94601 - Image 1

2261 48th Avenue, Oakland, CA 94601 - Image 2

2261 48th Avenue, Oakland, CA 94601 - Image 3

2261 48th Avenue, Oakland, CA 94601 - Image 4

2261 48th Avenue, Oakland, CA 94601 - Image 5

2261 48th Avenue, Oakland, CA 94601 - Image 6

2261 48th Avenue, Oakland, CA 94601 - Image 7

Studio

Multi-Family Home for sale in Oakland, CA

for $1,500,000. This 4,278 square foot home was built in 1960 on a lot size of 0.1676.

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.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 23,349

Style

Lot Size

0.1676

Year Built

1960

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

ML82045267

Days on Market

Features

General

Living Area 4278

Sewer Public Sewer

Cooling None

Zoning RM

Garage Spaces 4

Year Built 1960

Property Subtype Quadruplex

Accessibility None

County Alameda

Insurance Expense 3400

Property Type Residential Income

HOA false

MaintenanceExpense 2000

Garage Y/N true

Special Listing Conditions Standard

Status Active

City Oakland

High School District Other

Lot Size Units Square Feet

Lot Size Square Feet 7300

Carport Spaces 0

Tax Annual Amount 23349

Trash Expense 2300

Standard Status Active

Year Built Source Assessor

Property Sub Type Additional Quadruplex

Cap Rate 5.45

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 7300

Foundation Details Concrete Perimeter

Number of Buildings 1

Building Area Total 4278

Lot Size Acres 0.1676

Lot Size Source Assessor

* Excluded Features

List By

Marcus & Millichap

Broker

ebinesh@marcusmillichap.com

Affordability Calculator

$11,182

Per Month

Monthly Principal & Interest: $9,236
Monthly Property Taxes: $1,946
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Oakland, CA

Average List Price ^$1,120,466

Percent of Sale Price 25%

About Oakland, CA

423,136 Population

6% Since 2002

^$62,902 Median Income

38.73 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2026	$1,500,000		Listed Price

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2261 48th Avenue, Oakland, CA, 94601 is a Multi-Family Home for sale at $1,500,000 with 4,278 sqft and a lot size of 0.1676. 2261 48th Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 94601 which is in Oakland, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2261 48th Avenue

Multi-Family Home for sale in Oakland, CA

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