Description
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!
Property Type
Residential IncomeCounty
AlamedaStyle
Residential IncomeAD ID
49640968
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Water/Sewer
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Property Appliances: Gas Water Heater
- Flooring: Carpet,Laminate,Tile,Wood
Cooling Features
- Air Conditioning
Heating Source
- Gravity
- Has Heating
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Exterior Features
Building Information
- Year Built: 1952
- Construction: Brick,Stucco,Wood Siding
- Roof: Shingle
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1123
- Lot Size Source: Public Records
- Lot Size Square Feet: 4890
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Listing Information
Listing Price Information
- Original List Price: 797,000
- Listing Contract Date: 2025-05-06
Lease Information
-
Taxes / Assessments
Tax Information
- Parcel Number: 352375103
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage,On Street
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Pending
- Source Neighborhood:
- Directions: 55th-Trask-Ygnacio Cross Street: Trask.
- Source Property Type: Residential Income
- Property SubType: Quadruplex
Building and Construction
- Property Age: 73
- Structure Type: Quadruplex
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 06/12/2025 @ 12:22
- MLS: 41096336
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is recently sold, it has 0 sqft, 4,890 sized lot, and 0 parking. are nearby neighborhoods.