5420 Ygnacio Ave, Oakland, CA 94601 - Berkshire Hathaway HomeServices California Properties

5420 Ygnacio Ave, Oakland, CA 94601

$797,000 Approx. USD 0 beds, 0 baths

Listing Agent


Kathleen Sims | kathleen@kathleensims.agency
Lic#: 00815462
Broker: Courtesy of RE/MAX Lifestyles

Agent Remarks

Prime Investment Opportunity in Oakland’s Melrose District! Welcome to 5420–5426 Ygnacio Avenue, a well-located fourplex at the southeast side of the desirable Maxwell Park—perfect for investors seeking strong upside rental potential! This nice building offers bright and spacious 2-bedroom, 1-bath units, each with dedicated dining area and built-in cabinet, abundant natural light. Kitchen with floor to ceiling pantry. Tenants enjoy a community-oriented atmosphere; all rents are current, providing immediate rental income. All units are identical-2 units pictured. Three enclosed garages w/additional driveway parking—rare in this market! A generously sized backyard patio with adjacent UNDEVELOPED LAND just past patio; ideal for an ADU or easy expansion to significantly boost rental income $$$. A shared coin-operated laundry for additional cash flow; Separate PG&E meters (tenant paid); owner pays water and garbage The property would benefit from a fresh coat of paint and low termite repair. A great opportunity with solid bones and rental income upside. Current taxes are based on 2023 County reassessment of $1,024,794!

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Pending
MLS# 41096336
Price: $797,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1952
0.11 acres
Lot size: 0.1123
Subdivision: MELROSE
County: Alameda
Construction: Brick,Stucco,Wood Siding
Appliances: Gas Water Heater
Parking description: Garage,On Street
Lot description: Back Yard,Sloped Up
Heating description: Gravity

Last Updated: 5/24/2025

 Days On Market (DOM): 16

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Lat/Long: 37.773697, -122.197811.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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