NOT LISTED FOR SALE

5420 Ygnacio Ave Oakland, CA 94601

Melrose Heights Neighborhood

Estimated Value: $660,000 - $957,000

8 Beds
4 Baths
4,080 Sq Ft
$195/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2025

Last sale price $795,200 $195 Per Sq Ft

Current estimated payment $5,666 / mo

16 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Gravity Heating System
  • No HOA
  • Garage

About This Home

As of June 2025

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!

Last Agent to Sell the Property

Kathleen Sims

Re/max Lifestyles License #00815462 Listed on: 05/06/2025

Re/max Lifestyles

Last Buyer's Agent

Hira Bakhsh

Flat Rate Realty License #02117916

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 4,890 Sq Ft Lot
  • Lot Sloped Up
  • Garden
  • Back Yard

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Wood Shingle Exterior
  • Stucco

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Off-Street Parking

Utilities

  • Gravity Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Melrose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 352375103

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

4,890 Sq Ft Lot

Listing Details

  • Year Built: 1952
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Melrose
  • Directions: 55th-Trask-Ygnacio
  • Garage Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Linoleum, Tile, Carpet, Wood
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Fireplace: No

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Sloped Up, Back Yard, Garden
  • Construction Type: Brick, Stucco, Wood

Garage/Parking

  • Parking Features: Garage, Off Street

Utilities

  • Heating: Gravity
  • Cooling: No Air Conditioning
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 4890
  • Parcel Number: 352375103

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2026
Sold by
Bought by
Current Estimated Value
$795,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 6, 2025
Closed on
Jun 20, 2025
Sold by
Bought by
Seller's Agent
Kathleen Sims
Re/max Lifestyles
Buyer's Agent
Hira Bakhsh
Flat Rate Realty
List Price
$797,000
Sold Price
$795,200
Premium/Discount to List
-$1,800
-0.23%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
Original Mortgage
$577,500
Interest Rate
0.0738%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title Compan
$795,500 Chicago Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $577,500
Closed $577,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/24/2025 06/24/25 Sold $795,200 -0.2% $195 / Sq Ft
06/16/2025 06/16/25 Off Market $797,000 -- --
05/22/2025 05/22/25 Pending -- -- --
05/06/2025 05/06/25 For Sale $797,000 -- $195 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,747 $1,045,282 $318,360 $726,922
2024 $16,747 $1,024,794 $312,120 $712,674
2023 $17,494 $1,004,700 $306,000 $698,700
2022 $5,301 $146,562 $72,171 $74,391
2021 $4,577 $143,689 $70,756 $72,933
2020 $4,515 $142,215 $70,030 $72,185
2019 $4,027 $139,427 $68,657 $70,770
2018 $3,942 $136,693 $67,311 $69,382
2017 $3,652 $134,013 $65,991 $68,022
2016 $3,461 $131,385 $64,697 $66,688
2015 $3,434 $129,412 $63,726 $65,686
2014 $3,627 $126,878 $62,478 $64,400
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Sims

    Seller's Agent in 2025

    Kathleen Sims

    RE/MAX

    (510) 470-0932

    1 in this area

    21 Total Sales

    Kathleen Sims
    Section Image
  • Hira Bakhsh

    Buyer's Agent in 2025

    Hira Bakhsh

    Flat Rate Realty

    (415) 488-6657

    1 in this area

    204 Total Sales

    Hira Bakhsh
    Section Image
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41096336

Contra Costa Association of REALTORS®

APN: 035-2375-010-03

California Alameda County Oakland 94601 Melrose Heights

5420 Ygnacio Ave, Oakland, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Contra Costa Association of REALTORS® Bay East ©2026. BridgeMLS ©2026, CCAR ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, BridgeMLS or CCAR MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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