1508 Madison St

$1,089,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Terrence Jones

    Terrence Jones

    Listing Agent

    Compass

    DRE #01343939

    terrencejones@compass.com

    P: (415)-786-2216

Property Details for 1508 Madison Street

Directions to Property
Existing month to month parking lease on site
Cross Street
14th St
Total Parking Spaces
0
LISTING UPDATED: 08/15/2025 04:41 PM

Property Details for 1508 Madison Street

StatusActive
MLS #425066134
Days on Compass12
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMobile/Manufactured
MLS TypeLand / Commercial Lot
Year Built-
Lot Size-
CountyAlameda County

Location

Listing Courtesy of Compass, Terrence Jones, DRE #01343939
Add your commute

Payment Calculator

$5,991 per month

30 year fixed, 6.845% Interest

Principal and Interest

$5,706

Property Taxes

$285

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1508 Madison Street

Summary
Location and General Information
  • Area/District: Oakland Zip 94612
  • Area Short Display: 2612
  • Location Description: Oakland Zip 94612
Taxes and HOA Information
  • APN: 008-0631-014
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Association: No
Parking
  • Parking Fee $: $.00
  • Num of Parking Spaces: 0.0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Minimum Bldg SqFt: 0.0
  • # of Lots: 0
  • Lot Size Source: Assessor Agent-Fill
Property and Assessments
  • Picture Count: 2
  • Photos Provided By: Agent
  • Elevation: 0
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
Interior Features
  • Electric: Electric Available
  • Full Bathrooms: 0
Rental
Rent Information
  • Current Rent: $.00

Property History for 1508 Madison Street

DateEvent & SourcePriceAppreciation
Aug 15, 2025

Listed (Active)

RESFAR #425066134

$1,089,000
DateEvent & SourcePrice
08/15/2025

Listed (Active)

RESFAR #425066134

$1,089,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1508 Madison Street

Taxable ValueLand$97,831Additions-Total$97,831
Tax Record2024$3,417 ($285 / month)
Home Facts
Beds0Lot Size7,000 SqFtStyleResidentialCountyALAMEDAAPN8-631-14-1

Schools near 1508 Madison Street

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Lincoln Elementary School
PublicK to 5

Westlake Middle School
Public6 to 8

Oakland Technical High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1508 Madison Street is a mobile/manufactured home for sale in Oakland, CA 94612. This property was listed for sale on August 15, 2025 by Compass, it's currently listed at $1,089,000. This listing's school district is Oakland Unified School District. Nearby schools include Lincoln Elementary School, Westlake Middle School and Oakland Technical High School. 1508 Madison Street is a 0-bed, 0-bath, mobile/manufactured home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Terrence Jones, DRE #01343939

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.