$2,250,000 - 1009 Madison St, Oakland

Oakland Home For Sale

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.