1520 Madison Street, Oakland, CA 94612

About this commercial property

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.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$2,600,000

Sold August 2025 · listed $2,995,000, on market April 2025 · MLS #ML82002644 · Source: CRMLS

Listing Agent: Eymon Binesh · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: Eymon Binesh · Marcus & Millichap

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