The subject property at 1508 Madison Street is currently being leased as a parking lot. The tenant has a month to month lease on the property that can be ended with a 30 day notice. The income is $2,000 per month. The lot is approximately 7,000 Sq. Feet. It has a 50' wide frontage on Madison Street and is 140' deep. We believe the property is zoned R-90. This zoning designation indicates a residential area that may include small multi-unit buildings. The building that is located 4 lots to the South of the Subject on Madison was built on a similar shape and size lot. On that lot, 34 units of apartments were built in 1910. The subject property enjoys excellent access to public transit. The Lake Merritt BART Station is a 9 minute walk from the property. This property is being marketed as is and with no entitlements in place. Buyers are to verify all details of what can be built or operated in this location.
MLS #
SF425066134
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
6
1508 Madison St is in Oakland, CA 94612. This Land is currently priced at $1,089,000.
This address can also be written as 1508 Madison St, Oakland, CA 94612.©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of August 15, 2025. For the most current information, please contact Terrence Jones, (415) 786-2216