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.
Sold for $2,600,000
$2,600,000
Madison, Oakland, CA 94612
1beds
2baths
10,437sqft
Five Or More Units, Residential Income
Built in 1921
-- sqft lot
$2,661,000 Zestimate®
$249/sqft
$2,183 Estimated rent
Home value
$2,661,000
$2.39M - $2.95M
$2,183/mo
Zestimate® history
Owner options
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$2,183/mo
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$2,183/mo
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$16,454/mo
Est. payment
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$16,454/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Eymon Binesh 02060059 650-546-1030,
Marcus & Millichap 650-391-1700,
Robert Johnston 01853816 510-304-8077
Bought with:
Eymon Binesh, 02060059
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML82002644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
Kitchen
- Features: Countertop_Laminate, Countertop_Tile
Heating
- Wall Furnace
Cooling
- None
Appliances
- Included: Gas Cooktop, Gas Oven
- Laundry: Coin Operated
Interior area
- Total structure area: 10,437
- Total interior livable area: 10,437 sqft
Property
Parking
- Total spaces: 9
- Parking features: Detached, Off Street
- Garage spaces: 9
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 0.26 Acres
Details
- Parcel number: 863010
- Zoning: R-90
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: RolledHotMop
Condition
- Year built: 1921
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: Oakland
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $2,600,000-13.2%$249/sqft |
Source:  MLSListings Inc #ML82002644 Report a problem | ||
| 7/23/2025 | Pending sale | $2,995,000$287/sqft |
Source: MLSListings Inc #ML82002644 Report a problem | ||
| 6/6/2025 | Contingent | $2,995,000$287/sqft |
Source: MLSListings Inc #ML82002644 Report a problem | ||
| 4/15/2025 | Listed for sale | $2,995,000$287/sqft |
Source: MLSListings Inc #ML82002644 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: San Pablo Gateway
Nearby schools
GreatSchools rating
- 1/10Martin Luther King, Jr. Elementary SchoolGrades: K-5Distance: 0.8 mi
- 2/10Westlake Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10Oakland Technical High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- District: OaklandUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,661,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,661,000
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