Property Details
About this Property
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. No recent rent increases, allowing savvy buyers to explore "banked rent" potential per local regulations. 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, it is not a fixer. A great opportunity with solid bones and rental income upside. Current taxes are based on 2023 County reassessment of $1,024,794!
MLS Listing Information
MLS #
CC41096336
MLS Source
Contra Costa Association of Realtors
Days on Site
5
Interior Features
Flooring
Carpet - Wall to Wall, Linoleum, Tile, Wood
Cooling
Air Conditioning - None
Heating
Gravity
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Garage, Off-Street Parking, Garage: Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Complex Amenities
None
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,020 | 2 | 0/0 | $2,000 |
| 2 | 1,020 | 2 | 0/0 | $1,510 |
| 3 | 1,020 | 2 | 0/0 | $1,500 |
| 4 | 1,020 | 2 | 0/0 | $1,400 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5420 Ygnacio Ave is a Residential Income in Oakland, CA 94601. This 4,080 square foot property sits on a 4,890 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $797,000 and was built in 1952. This address can also be written as 5420 Ygnacio Ave, Oakland, CA 94601.
©2025 Contra Costa Association of Realtors. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Contra Costa Association of Realtors.
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This listing information is up-to-date as of May 12, 2025. For the most current information, please contact Kathleen Sims, (510) 470-0932
