2241 48th Ave
Oakland, CA 94601
- – beds
- – baths
- – sqft
- 6,373 sqft lot
- 1993 build
- – on site
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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.
Last checked:
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Last updated Feb 11, 2025
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MLS# 40986371 —
The Building
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Year Built:1993
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Construction Materials:Wood Siding
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Total Number Of Units:3
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Roof:Shingle
Interior
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Flooring:Vinyl
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Laundry:Dryer Included
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Laundry:1
Location
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Directions:48th ave Cross Street: Vicksburg Ave.
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Latitude:37.77711200
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Longitude:-122.20484900
The Property
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Property Type:Residential Income
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Subtype:Triplex
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Lot Size Area:6373.0000
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Lot Size Acres:0.1463
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Lot Size SqFt:6373.00
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Lot Size Source:Public Records
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:362416112
Heating & Cooling
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Heating:1
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Heating:Forced Air, Natural Gas
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Gas Water Heater
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Included:Yes
Parking
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Parking:Yes
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Parking Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/8/24
Oct 8, 2024
|
Pending | SFMLS | ||
6/23/22
Jun 23, 2022
|
Sold | CRMLS_CA | $1,198,000 | |
5/11/22
May 11, 2022
|
BRIDGE | $1,198,000 |