5420 Ygnacio Ave, Oakland, CA 94601
- $795,200
- 8
- BD
- 4,080
- SqFt
Listed by Kathleen Sims, (510) 470-0932 from RE/MAX Lifestyles
(If provided) CoList: from
Sold listing courtesy of Hira Bakhsh from SFLT01
- Sold Price
- $795,200
- List Price
- $797,000
- Closing Date
- Jun 24, 2025
- MLS#
- CC41096336
- Status
- SOLD
- Sqft. of Residence
- 4,080
- Lot Size
- 4,890
- Listing Area
- Oakland Zip Code 94601
Property 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!
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Additional Information
- Acres
- 0.11
- Age
- 73
- Amenities
- None
- Cooling System
- Air Conditioning - None
- Days On Market
- Unknown
- Exterior Features
- Stucco, Brick
- Floor Covering
- Linoleum, Tile, Carpet - Wall to Wall, Wood
- Garage Parking
- Garage, Off-Street Parking
- Heating System
- Gravity
- Laundry Facilities
- In Basement
- Living Area
- 4,080
- Lot Description
- Grade - Sloped Up
- Lot Size
- 4,890
- Neighborhood
- Oakland Zip Code 94601
- Numberof Units
- 4
- Other Rooms
- Basement - Separate Entry, Basement - Unfinished
- Roof
- Composition
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
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