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Melrose Home for Sale

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    $399,000

    • 2 Beds
    • 1 Bath
    • 747 Sq Ft

    1024 50th Ave, Oakland, CA 94601

    Are you looking for a fixer with endless possibilities. This 2 bedroom one bath craftsman style house sits on a huge lot with a detached one car garage A long cement driveway to park additional cars . Perfect for the car enthusiastic. Or simply add additional units for income or build and ADU for your extended family. Close to all major transportation including Fruitvale BART, Oakland Airport,

    Cristina Kaady BHHS Drysdale Properties

    1024 50th Ave, Oakland, CA 94601

Melrose Home Prices vs. Nearby Oakland, CA Neighborhoods

Melrose Lockwood-Tevis Woodland Hoover-Foster
Median Home Price
$545,000
$515,000
$479,000
$696,500
Median Sale Price
$515,000
-2% YoY
$521,930
+15% YoY
$542,500
-8% YoY
$676,391
-3% YoY
Median Single Family Price
$515,000
$511,000
$497,000
$707,000
Median Townhouse Price
$270,000
$521,930
$579,999
$702,500
Total Active Listings
1
10
4
10
Market Conditions
2 Months of Supply
Seller's Market
7 Months of Supply
Buyer's Market
5 Months of Supply
Balanced Market
2 Months of Supply
Seller'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.
Is Melrose, CA a safe neighborhood?
Melrose, CA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Melrose?
The median home price in Melrose is $545,000. If you put a 20% down payment of $109,000 and had a 30-year fixed mortgage with an interest rate of 6.49%, your estimated principal and interest payment would be $2,750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $118K 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, Lockwood-Tevis, Fruitvale and Fairfax.
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