2261 48th Avenue, Oakland, CA 94601
List Price: $1.5M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 4,278 sq ft
Property Type: ResidentialIncome
Year Built: 1960
Lot Size: 7,300 sq ft
Garage Spaces: 4
Annual Property Tax: $23,349
MLS Number: ML82045267
About This Property
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.
Listing provided by: Eymon Binesh DRE #02060059 (650) 391-1700 ebinesh@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: ML82045267
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.