5492 Ruth Ave, Oakland, California 94601, Oakland, 94601 - bed, bath
5492 Ruth Ave
Oakland, California 94601
Property Price
SUMMARY
Analysis of 5492 Ruth Ave, Oakland, California 94601 is currently available with a list price of $885,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oakland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1941, the property has received significant structural updates, including a 2019 seismic retrofit, and interiors are clean and freshly painted. However, the kitchens feature older style wood cabinets and laminate countertops, and the bathrooms prominently display dated pink tile and fixtures. While functional and well-maintained, these key areas show clear signs of being outdated and would require cosmetic updates to meet modern aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Investment Opportunity
This 4-plex is ideal for investors or owner-users, offering strong income potential and upside in a desirable Oakland neighborhood.
- Significant Capital Improvements
Recent upgrades include a 2019 seismic retrofit, rebuilt rear stairs, and a finished basement with tenant storage and on-site laundry, enhancing structural integrity and tenant amenities.
- Individual Unit Amenities
Each of the four 2BD/1BA units features an individual garage, private storage, exterior space, and dedicated water heater, providing excellent tenant appeal and convenience.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1941, the property is older, which may imply potential for ongoing maintenance or the need for further system updates beyond the recent retrofits.
- Limited Unit Interior Details
While one unit is updated, the description lacks specific details on the interior condition or renovation status of the other three units, potentially indicating varying levels of modernization.
- Motivated Sellers Implication
The 'New Reduced Price' and 'Motivated Sellers' notation, while beneficial for buyers, could suggest a longer market time or challenges in achieving the initial asking price, potentially hinting at market resistance or perceived value.
About 5492 Ruth Ave
New Reduced Price. Motivated Sellers. Fantastic 4-plex in Oakland’s desirable Maxwell Park neighborhood—ideal for investors or owner-users. All four units are 2BD/1BA, each with an individual garage, private storage, exterior space, and dedicated water heater. One unit is vacant and rent-ready. Recent improvements include a 2019 seismic retrofit, rebuilt rear stairs, and a finished basement level with added tenant storage and on-site laundry. Rents are near market, with one recently updated unit. Turnkey asset with strong income and upside potential.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1941
- Lot Size
- 6,565 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,872 | - | 90% |
| Lot Size | 6,565 | 4,302 | 70% |
| Price | $885.0K | $601.0K | 80% |
| Price per sq ft | $229 | $0 | 70% |
| Built year | 1941 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 193 | 20% |
Pricing History
Listed for Sale
Jan 22, 2026
$885,000
$895,000
-1% Price Drop
Initial Listing
Price Change
Dec 4, 2025
$895,000
Initial Listing
Sold
Mar 1, 2018
$750,000
Public Record