$2,995,000
( $286.96Per Sq Foot )
$16,078 est/mo Sourced by Back At You1520 Madison Street,Oakland, CA 94612
Oakland, CA 94612
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.
Details
| MLS # | ML82002644 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1921 |
| Days On Site | 68 |
| Listing Provided By | Marcus & Millichap | Eymon Binesh |
Features
| SQ Feet | 10,437 |
|---|---|
| Car Port | Yes |
| Building(s) | 1 |
| Zoning | R-90 |
| Acreage | 0.26 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Taxes
| Property | 51664 |
|---|
Market Activity 94612
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Oakland |
| Zip Code | 94612 |
| Area | 699 Not Defined |
| School District | Other |
| Listing VS Median (in 94612) | |
Price: $2,995,000 low | high Med: $689,000 SqFt: 10,437 low | high Med: 1,382 $ / SqFt: $287 low | high Med: $499 On site: 68 low | high Med: 31.000000 | |
Listing Updated: June 12, 2025 at 11:59:15 AM PDT