$3,250,000
For Sale

1520 Madison Street

Oakland, CA 94612
0.25 acres | #ML81975338
Listing OfficeMarcus & Millichap
Browse 107 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Acres0.2539
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1921
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlameda
      • School DistrictOther
  • Financial Details
      • Original List Price$3,250,000
      • Taxes Annual$58,002
  • Other
      • MLS #ML81975338

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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