Active

1009 Madison St

Oakland CA, 94607

$2,500,000


$414.73 per sqft

Active

6,028 sqft

Commercial

Built in 1870

Beautiful Italianate consisting of 8 units just blocks to Lake Merritt and downtown Oakland. This 3 story structure was originally built in 1870 and shares characteristics similar to many Bay Area grand residences of that period, flat roof with angled , overhanging eaves and cornices decorated with many brackets, 8' tall narrow windows on the 1st floor, windows with decorative hoods, corners of the building that have quoins extending from the ground to the roof, ornate balconies that provide a distinct break in the horizontal line of the primarily rectangular design. Starting in 2002 the building went through major renovations to address existing California Building Codes. Due to the major renovations, the building has a Certificate of Exemption from the City of Oakland Rent Adjustment Ordinance which offers immediate upside potential. The property features a grand entry, high ceilings ranging from 11-13 feet. The property has 6 off-street parking spaces, a beautiful garden area for the residents to enjoy, a partial basement which offers great storage or a possible workshop. There's a shared laundry room and a separate laundry area for an owners unit. Pride of ownership is evident throughout.

41050856

MLS ID

February 23, 2024

Listed

May 2, 2024

Updated

Map

1009 Madison St
Oakland CA, 94607

Interior Features

Interior Features

Storage


Appliances

Dryer, Washer, Gas Water Heater


Laundry Description

Common Area, Dryer, Washer


Floor Description

Laminate, Partial Carpeting, Tile, Other


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.09 Acres


Exterior Features

Garden


Lot Features

Level, Regular


Roof

Composition Shingles, Rolled/Hot Mop


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

Assigned, Other


View

No


County

Alameda


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/25/2024

Price Change

$2,500,000

-10%

Listed by Bruce Chambers with Western Management Properties, Inc
Listing Contact: 510-451-7197 

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