NAI Northern California is pleased to present 727-729 Madison St., a charming duplex located in Oakland's Chinatown neighborhood. The property consists of two (2) 2.5bd/ 1ba units, averaging 890 SF each, with the possibility of a rear ADU addition. The upper unit will be delivered vacant at close of escrow and has been thoroughly updated with a modern kitchen and bath as well as freshly finished flooring. This property presents the perfect opportunity for an owner-user or investor and will continue to demand premium rents in a desirable Lake Merritt location one block from Lake Merritt BART.
Off market
Zestimate®
$679,000
729 Madison St, Oakland, CA 94607
4beds
2baths
1,783sqft
MultiFamily
Built in 1918
-- sqft lot
$679,000 Zestimate®
$381/sqft
$2,556 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Wall, Gas
Cooling
- Central
Appliances
- Included: Dishwasher
- Laundry: Washer/Dryer Hookups
Features
- Updated Baths
- Flooring: Tile, Hardwood
- Windows: Double Pane Windows
Interior area
- Structure area source: Public Records
- Total interior livable area: 1,783 sqft
Property
Features
- Exterior features: Stucco
- Fencing: Fenced
Lot
- Size: 2,500 sqft
- Features: Regular
Details
- Parcel number: 117710
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1918
Utilities & green energy
- Electric: No Solar
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Individual Gas Meter, Individual Electric Meter
Community & neighborhood
Security
- Security features: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Oakland
HOA & financial
Other financial information
- Total actual rent: 44196
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Tile, Hardwood
- HeatingYN: true
- NumberOfUnitsTotal: 2
- CoolingYN: true
- Roof: See Remarks
- ConstructionMaterials: Stucco
- Fencing: Fenced
- WindowFeatures: Double Pane Windows
- LeaseTerm: Month To Month, Written Agreement
- ExteriorFeatures: Back Yard
- OperatingExpenseIncludes: Utilities, Insurance, Maintenance, Trash, Fuel, Water, Electric, Vacancy Allowance, Property Tax/Assessments, Garbage Collection, License/Ads
- SpecialListingConditions: Standard
- MaintenanceExpense: 1500
- TenantPays: Gas, Electric
- ParkingFeatures: On Street
- SecurityFeatures: Smoke Detector(s), Carbon Monoxide Detector(s)
- Heating: Wall Furnace
- Appliances: Tankless Water Heater
- LotFeatures: Regular
- BuildingAreaSource: Public Records
- OtherExpense: 0
- ProfessionalManagementExpense: 0
- LaundryFeatures: Washer/Dryer Hookups
- Cooling: No Air Conditioning
- InteriorFeatures: Updated Baths
- Utilities: Individual Gas Meter, Individual Electric Meter
- MlsStatus: Active
- TaxAnnualAmount: 12411
- NetOperatingIncome: 22803
- ListPriceLow: 799000
- GrossIncome: 44196
- GrossScheduledIncome: 44196
- InsuranceExpense: 1305
- Electric: No Solar
- OperatingExpense: 20508
- TotalActualRent: 44196
- VacancyAllowance: 833
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Estimated market value
$679,000