603 Madison St, Oakland, CA, 94607
About This Home
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.
Getting Around
Walker's Paradise
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1910
Materials
- Foundation: Crawl Space
- Roof: Shingle
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Residential Income
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating & Cooling
- Heating features: Central Forced Air
- Cooling features: None
Interior Area
- Total structure area: 2,460
- Total interior livable area: 2,460 sqft
Property
Accessibility
- Accessibility features: Parking
Details
- Parcel number: 0010175013
- Zoning: R
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 2,500 sqft
Parking
- Total spaces: 4
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,309 | $63,708 |
| Home Insurance * | $325 | $3,900 |
| Property Taxes | $665 | $7,980 |
| Electricity | $527 | $6,330 |
| Total | $6,826 | $81,912 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $1,050,000 |
| 2026-03-19 | Listed for sale | $879,000 |
| 1997-04-29 | Sold | $170,000 |
View on Zillow