1

Melrose Heights Multifamily Home for Sale

Section Image Section Image
  • /30

    $995,888

    • 4 Beds
    • 13 Baths
    • 2,700 Sq Ft

    5103 Fairfax Ave, Oakland, CA 94601

    Large owner unit upstairs, over 1200 square feet. Additional three units downstairs. Owner Unit and one downstairs rental unit to be delivered VACANT at Close of Escrow. Owner unit, two bedrooms, with 2 baths, projected rent: $3000 mo. One unit, One bedroom downstairs projected rent $2000, mo. Studio, projected $1500mo. 4th unit tenant occupied, $853mo.

    Agent Photo

    Willie Jefferson

    New City Realty

    (888) 835-0394

    5103 Fairfax Ave, Oakland, CA 94601

Why Live in Melrose Heights

Melrose Heights in Oakland is characterized by its wide streets lined with tall native California trees, such as pines and oaks, and colorful homes featuring inviting front porches and lush flower gardens. The neighborhood predominantly consists of small stucco bungalows from the early 20th century, alongside larger Mediterranean and Victorian-style homes. Residents enjoy access to three nearby parks: Maxwell Park, with its playground and mosaic murals; Brookdale Park, offering grassy hillsides, athletic courts, and picnic areas; and Courtland Creek Park, known for its scenic walking trail along a creek. San Leandro Bay, located about 2.5 miles west, provides beaches and boat launches. Dining options in Melrose Heights include Green House Bakery, known for its handmade pastries, and Ruth's Buka, a family-run Nigerian restaurant. For groceries, Cardenas Market offers a juice bar and homemade tortillas. The neighborhood is well-connected with several Alameda-Contra Costa Transit bus stops and proximity to the BART Fruitvale Station. Major highways like Interstate 580 and Interstate 880 provide routes to downtown Oakland, Alameda, and San Francisco, all within 20 miles. The Oakland Melrose Branch Library hosts various community events, including art workshops and holiday festivities. While local schools have mixed ratings, Fremont High School offers specialized programs in college readiness and technical education.

Home Trends in Melrose Heights, CA

Housing Trends

Median Sale Price
$237,000
Median Single Family Sale Price
$237,000
Median 1 Bedroom Sale Price
$319,900
Average Price Per Sq Ft
$250
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$314,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-34%
How to Buy a Home How to Finance a Home How to Sell a Home