$ 5,795,000
1494 Solano Albany, CA 94706
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$ 5,795,000
Est. payment | /mo
8,921 SqFt
$ 5,795,000
Est. payment | /mo
8,921 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,921 sqft
Price per Sqft $649
MLS Listing ID EB41073844
Originating Board Bridge MLS
Year Built 1958
Lot Size 7,260 Sqft
Property Description
Updated pricing! We're pleased to present 1494 Solano Ave, a turnkey 20-unit property ideally located on one of the East Bay's most popular neighborhood thoroughfares, Solano Avenue. Originally constructed in 1958 and meticulously cared for under current ownership and management, the subject property consists of twenty (20) total units: sixteen (16) 1-bedroom/1-bathroom units and four (4) 2-bedroom/1-bathroom units with ample parking (ground floor and off-street) and coin-op laundry. The property has undergone several capital improvements including a full seismic retrofit, roof restoration, window replacements and a complete facade renovation. Recent unit upgrades include strand bamboo hardwood floors, new bathroom vanities, cabinets and modern appliances. Under current ownership, PG&E is separately metered for the units while garbage, water, and hot water is being paid for by the landlords. The property may qualify for ADU conversion in the parking area. With a 95 Walk Score and close proximity to public transit and local favorites such as Little Star Pizza, Rivoli and Bowl'd Korean Rice Bar, this ideal location appeals to young professionals and families.
Location
State CA
County Alameda
Area Other Area
Interior
Heating Electric
Cooling None
Flooring Laminate, Other, Tile, Hardwood
Exterior
Exterior Feature Concrete Block
Garage Parking Area
Garage Spaces 13.0
Building
Lot Description Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 65264041
Special Listing Condition Not Applicable
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Listed by Grant Chappell • NAI Northern California
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "