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$2,250,000
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Property Description
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.
Full Property Details
Full Property Details for 1009 Madison St
General
- Price: $2,250,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41119151
- Updated: 12/12/2025
- Added to Site: 35 day(s) ago
Interior
- Interior Features: Storage
- Appliances: Dryer, Washer
- Flooring: Laminate, Partial Carpeting, Tile, Other
Rooms
Other Rooms
- Laundry: Common Area, Dryer, Washer
Additional Information
- Equipment: Intercom
Exterior
- Exterior Features: Garden
Parking
- Parking Features: Assigned, Other
Location
- Area: Listing
- County: Alameda
- Subdivision: Lake Merritt
- Driving Directions: 10th Street to Madison
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Utility Description: Wired For Cable TV
Structural Information
- Exterior Const.: Frame, Wood Siding
- Roof: Composition Shingles, Rolled/Hot Mop
- Year Built: 1870
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 4000
- Lot Features: Level, Rectangular Lot
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $373
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 2838
Listed by Western Management Properties, Inc, Bruce Chambers
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Schools
Schools serving 1009 Madison St
School District:Oakland Unified School District
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Oakland, CA 225 11th Street, Oakland, CA 94607 | K-5 | 0.1 mi |
Westlake Middle School 2629 Harrison St., Oakland, CA 94612 | 6-8 | 1.1 mi |
Oakland Technical High School 4351 BRd.way, Oakland, CA 94611 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1009 Madison St
Date
Details
Price
Change
Source
12/12/2025
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1009 Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,813
5%
$1,493,269
2%
2024
$27,552
-3%
$1,463,996
2%
2023
$28,441
5%
$1,435,294
2%
2022
$27,179
7%
$1,407,159
2%
2021
$25,404
10%
$1,379,569
1%
2020
$23,062
6%
$1,367,083
2%
2019
$21,746
2%
$1,338,660
2%
2018
$21,278
5%
$1,312,418
2%
2017
$20,243
3%
$1,286,692
2%
2016
$19,728
1%
$1,261,470
2%
2015
$19,614
-3%
$1,242,531
2%
2014
$20,185
1%
$1,218,200
—
2013
$20,009
—
$1,212,701
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1009 Madison St
1009 Madison St, Oakland, CA 94607 (MLS# 41119151) is a Commercial Residential Facility property. 1009 Madison St is currently listed for $2,250,000 and was received on December 12, 2025. Want to learn more about 1009 Madison St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

