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.
MLS# | ML81975338 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1921 |
Days On Site | 44 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Eymon Binesh |
SQ Feet | 10,437 |
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Building(s) | 1 |
Zoning | N/A |
Acreage | 0.25 |
State | CA |
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County | Alameda |
City | Oakland |
Zip Code | 94612 |
Area | 699 Not Defined |
Listing VS Median (in 94612) | |
Price: $3,250,000 low | high Med: $541,500 SqFt: 10,437 low | high Med: 911 $ / SqFt: $311 low | high Med: $622 On Site: 44 low | high Med: 51.500000 |