Bought with Eymon Binesh • Marcus & Millichap
$2,600,000
$2,995,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
1520 Madison Street Oakland, CA 94612
10,437 SqFt
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,437 sqft
Price per Sqft $249
MLS Listing ID ML82002644
Sold Date 08/08/25
HOA Y/N No
Year Built 1921
Lot Size 0.257 Acres
Property Sub-Type Other
Source Datashare MLSListings
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
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Coin Operated
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