603 Madison St

Beds
Baths
2,460 Sq. Ft.
$398 / Sq. Ft.
2,460
Sq. Ft.
$398
per Sq. Ft.

Description

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...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.
  1. Listed by Lily Chow • DRE #01770521 • Brokerage DRE #01770521 • Infinite Realty & Investments • 408-657-6928
  2. Listed by Robert Chow • DRE #01890485 • Brokerage DRE #01770521 • Infinite Realty & Investments

Property Details for 603 Madison Street

MLS City Name
OAKLAND
Building Type
FOURPLEX
Garage Spaces
4
Parking Spaces
3
Cross Street
7th Street
LISTING UPDATED: 12/03/2025 12:53 PM

Property Details for 603 Madison Street

StatusActive
MLS #ML82027940
Days on Compass48
Taxes$8,933 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1910
Lot Size0.06 AC / 2,500 SF
CountyAlameda County

Location

Listing Courtesy of Infinite Realty & Investments, Lily Chow, DRE #01770521; Infinite Realty & Investments, Robert Chow, DRE #01890485
Add your commute

Building Information for 603 Madison Street

Stories2Residences4Year Built1910Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$5,516 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,771

Property Taxes

$744

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 603 Madison Street

Features
Features
  • Fireplace: No
  • Living SqFt: 2460
  • Pool: No
  • Security Features: Varies by Unit, Other
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Central Forced Air
  • Meters: Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Oakland Zip Code 94607
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 603
  • Street Name: Madison
  • Street Suffix: Street
  • Area ID: 2607
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2460
  • Structure SqFt Source: Assessor
  • Age: 115
Development Information
  • Zoning Detail: R
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 001-0175-013
  • County Name: Alameda
  • City Name: OAKLAND
  • City Postal ID: 131
  • Postal Code: 94607
  • Elementary School District: 1686
  • High School District Text: Oakland Unified
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .06
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $8,933
  • Building Unit Total: 4
  • Capitalization Rate: -1.65
  • Tenant Expenses: None
  • Income Includes: Lease, Parking
  • Vacancy Factor: 75
Income / Expense Details
  • Expense Insurance: $2,621
  • Expense Landscape: $600
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,432
  • Expenses Other: $1,116
  • Expenses Utility: $8,095
  • Expenses Total: $22,797
  • Operating Expenses Include: Miscellaneous/Other, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water
  • Gross Rent Multiplier: 36.74
  • Income Annual Gross: $6,663
  • Income Annual Rental: $26,400
  • Income Gross Scheduled: $26,650
  • Income Other: $250
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 615
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,100
Unit 3 Information
  • Unit 3 Approx Square Footage: 615
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Approx Square Footage: 615
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 615

Property History for 603 Madison Street

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

EBRD #ML82027940

$979,000
Dec 3, 2025

Listed (Active)

MLSListings #ML82027940

$979,000
Nov 27, 2025

Pending

EBRD #ML82027940

Nov 27, 2025

Pending

MLSListings #ML82027940

Nov 19, 2025

Listed (Active)

EBRD #ML82027940

$979,000
Nov 19, 2025

Listed (Active)

MLSListings #ML82027940

$979,000
DateEvent & SourcePrice
12/03/2025

Listed (Active)

EBRD #ML82027940

$979,000
12/03/2025

Listed (Active)

MLSListings #ML82027940

$979,000
11/27/2025

Pending

EBRD #ML82027940

11/27/2025

Pending

MLSListings #ML82027940

11/19/2025

Listed (Active)

EBRD #ML82027940

$979,000
11/19/2025

Listed (Active)

MLSListings #ML82027940

$979,000

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

Public Records for 603 Madison Street

Taxable ValueLand$83,058Additions$193,802Total$276,860
Tax Record2025$8,225 ($685 / month)
Home Facts
Total Finished SqFt2,460 SqFtAbove Grade Finished SqFt2,460 SqFtStories2Lot Size2,500 SqFtStyleQuadraplexYear Built1910CountyALAMEDAAPN1-175-13

Schools near 603 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
Public - 9 to 12
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.

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603 Madison Street is a multi-family home for sale in Oakland, CA 94607. This property was listed for sale on November 19, 2025 by Infinite Realty & Investments, it's currently listed at $979,000. This listing's school district is Oakland Unified School District. Nearby schools include Lincoln Elementary School, Westlake Middle School and Oakland Technical High School. 603 Madison Street is a 0-bed, 0-bath, 2,460 sqft multi-family home built in 1910.

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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Infinite Realty & Investments, Lily Chow, DRE #01770521; Infinite Realty & Investments, Robert Chow, DRE #01890485

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.