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Closed
- Listed price
- $1,198,000
- Listed Mar 25, 2022
- Sold price
- $1,198,000
- Sold Jun 23, 2022
6,373 sqft lot|1993 Built|47 MLS days on market
2241 48th Ave, Oakland, CA 94601
Property Description
Future Homeowners/Investor - this is an opportunity to acquire a triplex for both income stream and investment value. The property was built in 1993 and is exempt from Oakland's Rent Adjustment Ordinance. Amazing financials - this opportunity boasts a 5.74% CAP Rate and 12.48 Gross Rent Multiplier, consisting of all 3 bedroom / 1 bathroom units. The subject property is individually metered for gas and electric and includes parking for all units. Live in one unit and collect rent from the other units or rent all units for passive income.
Listing agent: Tony TrinhDRE #01967674tonytrinhd@gmail.com, Listing office: eXp Realty of California, Inc
MLS data updated 10/27/2026, 4:19:42 PM PT
Source: CRMLSMLS #: 40986371
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,198,000
Jun 23, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,198,000Closed sale · Jun 23, 2022ZIP 94601 · Jun 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMar 25, 2022 – Jun 23, 2022
ZIP 94601 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.