• 1009 Madison St Oakland, CA 94607

  • $2,500,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 4000
    Sqft
  • Listed By: Bruce Chambers, Western Management Properties, Inc, DRE #00776842
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Alameda

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 0

Interior Features

Roof : Composition,Shingle

Property Appliances: Gas Water Heater,Dryer,Washer

Cooling Features

None

Air Conditioning

Heating Source

Wall Furnace

Has Heating

Building Information

Year Built: 1870

Construction: Wood Siding

Roof: Composition,Shingle

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.0918

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 4000

Listing Price Information

Original List Price: 2,500,000

Listing Contract Date: 2024-02-23

Lease Information

Tax Information

Parcel Number: 2838

Annual Tax: 28441

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood:

Directions: 10th Street to Madison Cross Street: 10th St.

Source Property Type: Residential Income

Building and Construction

Property Age: 154

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1771 Chase St, Oakland, CA,94607 $2,500,000 -- -- -- 42820 Sqft
845 Isabella Street, Oakland, CA,94607 $695,000 5 2 -- 3669 Sqft
675 8th Street #14, Oakland, CA,94607 $399,000 2 2 818 9216 Sqft
200 2nd Street #105, Oakland, CA,94607 $498,800 1 1 589 19985 Sqft
1038 24th Street, Oakland, CA,94607 $499,000 1 1 2,425 --
737 2nd St #310, Oakland, CA,94607 $590,000 1 1 1,546 17500 Sqft
829 Wood St, Oakland, CA,94607 $600,000 -- -- -- 8832 Sqft
485 8th #301, Oakland, CA,94607 $450,000 1 1 732 4475 Sqft
Myrtle Street, Oakland, CA,94607 $699,000 -- -- -- --
5th Street, Oakland, CA,94607 $159,000 -- -- -- --

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ByOwner last updated this listing 05/15/2024 @ 05:01

MLS: 41050856
LISTED BY: Bruce Chambers, Western Management Properties, Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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