5420 Ygnacio Ave
Oakland, CA 94601
- 8 beds
- – baths
- 4,080 sqft
- 4,890 sqft lot
- $195 per sqft
- 1952 build
- – on site
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. This is a Trustee sale with full authority to sell, offering a smooth path to closing. PRICED TO SELL!
Last checked:
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Last updated May 7, 2025
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MLS# 41096336 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1952
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Building Area Units:Square Feet
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Construction Materials:Brick
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Basement:Separate Entry
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Security Features:Carbon Monoxide Detector(s)
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Building Area Total:4080
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Building Area Source:Public Records
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Basement:true
Interior
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Flooring:Linoleum
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Fireplace:false
Room Dimensions
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Living Area:4080
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Living Area Units:Square Feet
Location
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Directions:55th-Trask-Ygnacio
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Exterior Features:Back Yard
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Parcel Number:352375103
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Lot Features:Sloped Up
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Lot Size Area:0.11
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Lot Size Acres:0.11
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Lot Size SqFt:4890
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (510) 470-0932
Beds
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Bedrooms Total:8
The Listing
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Listing Terms:Cash
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Virtual Tour URL Branded:https://www.tourfactory.com/3204761
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Virtual Tour URL Unbranded:https://www.tourfactory.com/idxr3204761
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Special Listing Conditions:Successor Trustee Sale
Heating & Cooling
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Heating:Gravity
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Heating:true
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Cooling:No Air Conditioning
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Cooling:true
Utilities
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Utilities:All Public Utilities
Appliances
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Appliances:Gas Water Heater
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Laundry Features:In Basement
Schools
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High School District:Oakland (510) 879-8111
The Community
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Subdivision Name:MELROSE
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Association:false
Parking
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Garage:true
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Attached Garage:false
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Carport:false
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Parking Total:3
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Parking Features:Garage
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).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/6/25
May 6, 2025
|
Listed / Active | BRIDGE | $797,000 |
