$5,795,000
1494 Solano Albany, CA 94706
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Listed by Grant Chappell • NAI Northern California
$5,795,000
Est. payment /mo
8,921 SqFt
UPDATED:
09/27/2024 03:33 PM
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 8,921 sqft
Price per Sqft $649
MLS Listing ID 41073844
HOA Y/N No
Originating Board Bridge AOR
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
Interior
Heating Electric
Cooling None
Flooring Hardwood, Laminate, Tile, Other
Fireplace No
Exterior
Handicap Access Other
Parking Type Covered, Parking Lot
Building
Lot Description Regular
Water Public
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