$2,995,000
0.26 Acre Lot

1520 Madison Street, Oakland, California 94612

  • Commercial Sale Property Type
  • 1921 Year Built
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.

Basic Details
Commercial Sale
For Sale
ML82002644
$2,995,000
1921
0.26 Acre
Active
Features
: Wall Furnace
: None
9.0
$0
Address Map
CA
Alameda
Oakland
94612
Madison
1520
Street
W123° 44' 13.5''
N37° 48' 9.8''
699 - Not Defined
R-90
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
10437
2025-04-15
: Public
Broker/Agent Information
Marcus & Millichap
Eymon Binesh
Financial
51664.0
Listing Information
Robert Johnston
ML482270
ML88226
Marcus & Millichap
ML5082979
ML88226
Active
2025-05-01T20:05:39Z
CRMLS
: Standard
2025-04-15T07:07:40Z
Agent info
Ray Millman
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069