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1520 Madison St

Oakland, CA 94612
  • $3,250,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: ML81975338
UPDATED: 38 min ago
$3,250,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,437
    SQFT
  • $311
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1921
County:

School Ratings & Info

Listing provided courtesy of Eymon Binesh of Marcus & Millichap: 650-546-1030.

Description

Marcus & Millichap is pleased to present 1520 Madison Street. This generational asset has been meticulously maintained over the past 30+ years by the same family. The property has undergone recent capital improvements including brand new electrical panels throughout, newer PVC membrane roof, and updated finishes in select units. Situated on an 11,201 square foot parcel, this asset features beautifully designed one-bedroom and studio floor plans. Priced at a 6.50%+ CAP, this property qualifies for excellent bank financing and is one of the highest returns in the market.

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© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-09-17T10:49:46.55. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary Clark Team | Intero Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
www.maryclark.com/homes/153242855
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1520 Madison St Oakland, CA 94612

  • Price: $3,250,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 38 min ago
  • ID#: ML81975338
0
Beds
0
Baths
0
½ Baths
0.25
Acres
10,437
SQFT
$311
$/SQFT
1921
Built
Neighborhood:
Oakland Zip Code 94612
County:
Alameda
Area:
Oakland Zip Code 94612
Property Description
Marcus & Millichap is pleased to present 1520 Madison Street. This generational asset has been meticulously maintained over the past 30+ years by the same family. The property has undergone recent capital improvements including brand new electrical panels throughout, newer PVC membrane roof, and updated finishes in select units. Situated on an 11,201 square foot parcel, this asset features beautifully designed one-bedroom and studio floor plans. Priced at a 6.50%+ CAP, this property qualifies for excellent bank financing and is one of the highest returns in the market.
Exterior Features

Foundation Concrete Perimeter Garage Parking Off-Street ParkingParking Area Number Of Buildings 1 Parking Spaces 0 Pool YN No Roof Other Units In Complex Min 17

Interior Features

Beds Unit1 1 Beds Unit2 0 Cooling None Heating Gas Sq Ft Unit1 550 Sq Ft Unit2 450 Structure Sq Ft 10437

Property Features

Accessibility Features Parking Additional Listing Info Not Applicable City Name OAKLAND Hoa YN No Lot Size Area Maximum 11060.00 Meters Master WaterSeparate ElectricSeparate Gas Rent Unit1 1400 Rent Unit2 1333 Restrictions Pets - Allowed Security Features Other Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas MetersPublic Utilities Water Public Zoning N/A

Listing provided courtesy of Eymon Binesh of Marcus & Millichap: 650-546-1030.



© 2024 MLSListings Inc. Based on information from MLSListings MLS as of 2024-09-17T10:49:46.55. Data is updated hourly. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Mary Clark Team | Intero Real Estate.

Licensed in the State of California.
Website powered by BoomTown.
 
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Mary Clark Team | Intero Real Estate
518 N Santa Cruz Ave
Los Gatos CA, 95030

Listing provided courtesy of Eymon Binesh of Marcus & Millichap: 650-546-1030.