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Melrose Home for Sale

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    $540,000

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft

    1306 53rd Ave, Oakland, CA 94601

    This is a newly renovated contemporary home within the heart of East Oakland. This renovation consisted of installing a new foundation, open concept living space, with an additional flex room added with laundry hook-ups, all items in the home are brand new. Seller motivated!

    Fatima Hutton

    1306 53rd Ave, Oakland, CA 94601

Why Live in Melrose

Melrose, a neighborhood in Oakland, features homes primarily built in the early 1900s, including renovated and original Craftsman-style bungalows, Victorian-style, and shotgun houses. These homes, often starter properties for first-time buyers, are situated between 49th and 54th Avenues. The area is bordered by the Tidal Canal and San Leandro Bay, providing access to aquatic activities at the Tidewater Boating Center. The Damon Marsh Trail offers a nearly mile-long paved pathway with scenic bay views and art installations. The Fremont Municipal Pool, open year-round, offers swimming lessons, a swim team and water aerobics classes. The Melrose Branch of the Oakland Public Library, housed in a Classical Revival building, is nearby. Local dining options include Chapinlandia Bakery, Tacos El Gordo and Yummy Grill Afghan Kabob House. The Coliseum Flea Market and grocery stores like Saeed’s Market and Chapala Market serve the community. The neighborhood's gridded street network features major roadways, including San Leandro Street and International Boulevard. Interstate 880 provides quick access to San Francisco (17 miles) and San Jose (37 miles). Public transportation options include a nearby BART station and bus routes along International Boulevard. Melrose is approximately 3 miles from Alameda Hospital and Highland Hospital, and 5 miles from Oakland International Airport.

Melrose, Oakland, CA Home Prices vs. Nearby Neighborhoods

Melrose Lockwood-Tevis Highland Woodland
Median Home Price
$540,000
$499,950
$509,900
$479,000
Median Sale Price
$435,000
-16% YoY
$521,930
+15% YoY
$535,250
+34% YoY
$542,500
-8% YoY
Avg. Price per Square Foot
$443
$444
$445
$416
Median Single Family Price
$570,000
$520,000
$500,000
$495,000
Median Townhouse Price
$270,000
$521,930
$670,000
$560,000
Total Active Listings
1 listing
4 listings
9 listings
8 listings
Market Conditions
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market
7 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Melrose a good place to live?
Melrose is a good place to live. Melrose is considered car-dependent and bikeable with good transit options. Melrose has 7 parks for recreational activities.It is somewhat dense in population with 7.0 people per acre and a median age of 36. The average household income is $85,809 which is below the national average. College graduates make up 25.2% of residents. A majority of residents in Melrose are renters, with 75% of residents renting and 25% of residents owning their home. A local real estate agent serving Melrose can help you decide if this neighborhood is the right one for you. Learn more on our Melrose neighborhood guide.
How much do you need to make to afford a house in Melrose?
The median home price in Melrose is $540,000. If you put a 20% down payment of $108,000 and had a 30-year fixed mortgage with an interest rate of 7.03%, your estimated principal and interest payment would be $2,880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $123K a year to afford the median home price in Melrose. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Melrose is $86K.
What are the best public schools in Melrose?
The best public schools that serve Melrose are:
What are the best private schools in Melrose?
The best private schools that serve Melrose are:
What are the most popular zip codes in Melrose, Oakland, CA?
The most popular zip codes in Melrose, Oakland, CA include 94601, 94621, 94501, 94605 and 94619.
What are the most popular neighborhoods near Melrose, Oakland, CA?
The most popular neighborhoods near Melrose, Oakland, CA are Wentworth Holland, Fremont, Fruitvale, Fairfax and Seminary.
Are home prices dropping in Melrose?
Yes, home prices in Melrose are down 16% in the last 12 months.
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