$797,000 - 5420 Ygnacio Ave, Oakland

  • 8Beds
  • 4Baths
  • 0.11Acres

Oakland Home Sale

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!

Sales Agent

Sam Smith
  • Sam Smith
  • San Clemente Realtor ®
  • Phone: 949-204-5110
  • Cell: 949-204-5110
  • Contact Agent Now

Amenities

  • ParkingGarage, On Street
  • GaragesGarage, On Street

Additional Information

  • Date ListedMay 6th, 2025
  • Days on Market16
  • Short SaleN
  • RE / Bank OwnedN

Essential Information

  • MLS® #41096336
  • Price$797,000
  • Bedrooms8
  • Bathrooms4.00
  • Acres0.11
  • Year Built1952
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusClosed
  • Listing AgentKathleen Sims
  • Listing OfficeRE/MAX Lifestyles

Exterior

  • ExteriorBrick, Stucco, Wood Siding
  • Lot DescriptionBack Yard, Sloped Up
  • RoofShingle
  • ConstructionBrick, Stucco, Wood Siding

Community Information

  • Address5420 Ygnacio Ave
  • SubdivisionMELROSE
  • CityOakland
  • CountyAlameda
  • Zip Code94601

Interior

  • InteriorCarpet, Laminate, Tile, Wood
  • AppliancesGas Water Heater
  • HeatingGravity

Price Change History for 5420 Ygnacio Ave, Oakland, (MLS® #41096336)

Date Details Price Change
Closed
Pending (from Active)

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Oakland

  • City:
    Oakland
  • Price Range:
    $399,000 - $1,350,000
  • Current Listings:
    16
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $

  • City:
    Oakland
  • Price Range:
    $295,000 - $8,350,000
  • Current Listings:
    123
  • HOA Dues:
    $0
  • Average Price per Square Foot:
    $297

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Based on information from California Regional Multiple Listing Service, Inc. as of February 9th, 2026 at 8:54pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.