$2,600,000
$2,995,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
10,437 SqFt
SOLD DATE : 08/08/2025
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 10,437 sqft
Price per Sqft $249
MLS Listing ID ML82002644
Sold Date 08/08/25
HOA Y/N No
Year Built 1921
Lot Size 0.257 Acres
Acres 0.26
Property Sub-Type Other
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.
Location
State CA
County Alameda
Zoning R-90
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Coin Operated
Building
New Construction No
Others
Tax ID 863010
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with EymonBinesh
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