Welcome to this well-maintained four-unit income property located near the heart of Oaklands vibrant Chinatown and downtown amenities. Each of the four units features 2 bedrooms and 1 bathroom, all fully permitted with a practical layout that appeals to long-term tenants or investors. Three units will be delivered vacant and one unit is currently occupied, offering flexibility for owner-users, short-term rental strategy, or immediate lease-up at market rent. The building is in good, functional condition and includes a shared washer/dryer for all residents, plus one garage space per unit, providing rare convenience and added value. Centrally located near shops, dining, public transportation, major freeways, and a quick trip to BART. Buyers to do a 1031 exchange at no cost to the buyers.
Listed by Lily Chow
·
License #01770521
·
Infinite Realty & Investments
·
408-657-6928
Listed by Robert Chow
·
License #01890485
·
Infinite Realty & Investments
Last updated December 03, 2025
·
Source: MLSListings #ML82027940
Listing Facts
TypeMulti-family
NeighborhoodDowntown Oakland
Days on Prevu21
Taxes$8,933/year
Size2,460 sqft
Price per sqft$398
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
12/03/2025
Status changed to Active
$979,000
11/28/2025
Status changed to Pending
$979,000
11/19/2025
Listed by Infinite Realty & Investments
$979,000
Property Details for 603 Madison Street
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories: 2
Year Built: 1910
Year Built Details: 2
Measurements
Building Area Total: 2,460
Lot Size Acres: 0.05
Lot Size Area: 2,500
Lot Size Source: Assessor
Lot Size Square Feet: 2,500
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: -1.65
Gross Income: $6,663.00
Operating Expense Includes: Water/Sewer
Taxes
Parcel Number: 001-0175-013
Tax Annual Amount: $8,933.00
Interior
Measurements
Living Area: 2,460
Other
Features
Accessibility Features: Parking
Parking
Parking
Carport: Yes
Garage Spaces: 4
Garage: Yes
Parking Features: Detached
Parking Total: 3
Schools
Elementary School
Elementary School District: Oakland Unified
High School
High School District: Oakland Unified
Utilities
Equipment
Heating: Central Forced Air
Sewer: Public Sewer
Utilities: Public Utilities, Water - Public
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 603 Madison Street.
Does this multi-family home have parking?
Yes, there are 4 parking spaces available for 603 Madison Street.
What are the annual taxes for 603 Madison Street?
Annual taxes for this multi-family home are estimated at $8,933.
How does 603 Madison Street compare to other multi-family homes in Downtown Oakland?
This multi-family home is listed 31% below the average price for multi-family homes in Downtown Oakland and has been on the market for 46 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,460 sqft.
603 Madison Street is a -bedroom multi-family home for sale in Oakland CA 94607. Available on Prevu for 21 days at $979,000. This property features 2,460 square feet of living space, located in Downtown Oakland. The median listing price for multi-family homes in this area is $475,000. Property amenities include pets allowed and parking. Browse more multi-family home listings in Oakland.
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.