Oakland, CA 94612,1520 Madison ST
Oakland, CA 94612,1520 Madison ST
Oakland, CA 94612,1520 Madison ST
13
$2,600,000
$2,995,000
13.2%
Est.Price: ?

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0.26 Acres Lot

1520 Madison ST Oakland, CA 94612

Est. payment /mo
SOLD DATE : 08/08/2025

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Key Details

Sold Price $2,600,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82002644

Year Built 1921

Annual Tax Amount $51,664

Lot Size 0.257 Acres

Property Description

Marcus & Millichap is proud to present 1520 Madison Street, an exceptional 17-unit apartment community just one block away from the vibrant Lake Merritt. Owned and meticulously maintained by the same family for over 40 years, 1520 Madison Street features thoughtfully designed one-bedroom and studio floor plans that reflect pride of ownership throughout the property. Residents enjoy convenient on-site amenities including laundry facilities, bike racks, and nine private detached garages. Priced at a 7.29% CAP and 7.99 GRM, the property qualifies for attractive bank financing - making it a standout investment opportunity.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning R-90

Interior

Heating Wall Furnace

Cooling None

Building

Water Public

Schools

School District Other

Others

Special Listing Condition Standard

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CRMLS – RECore
Listed by Eymon Binesh Marcus & Millichap
Bought with Eymon Binesh Marcus & Millichap

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agent

Brent Cate

License ID: 01482878

+1(559) 304-6188

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