• 1494 Solano Albany, CA 94706

  • $6,250,000
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 7260
    Sqft
  • Listed By: Grant Chappell, NAI Northern California, DRE #01700439
  • Source: CRMLS

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.

Property Type :

Residential Income

County :

Alameda

Style :

Residential Income

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Property Details

 

Bathroom Information

Total Baths: 0

Cooling Features

None

Air Conditioning

Heating Source

Electric

Has Heating

Building Information

Year Built: 1958

Construction: Concrete

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1667

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 7260

Listing Price Information

Original List Price: 6,250,000

Listing Contract Date: 2024-04-04

Lease Information

Tax Information

Parcel Number: 65264041

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood:

Directions: Gilman exit to Solano. Cross Street: Curtis.

Source Property Type: Residential Income

Building and Construction

Property Age: 66

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
555 Pierce #1410, Albany, CA,94706 $475,000 2 2 1,040 --
555 Pierce St #1510, Albany, CA,94706 $499,999 2 2 1,015 318666 Sqft
Pierce Street #3416, Albany, CA,94706 $699,888 2 2 1,170 --
555 Pierce St #1520, Albany, CA,94706 $508,000 2 2 1,040 --
545 Pierce St #2313, Albany, CA,94706 $640,000 2 2 1,234 269200 Sqft
Pierce Street #5211, Albany, CA,94706 $660,000 2 2 1,170 --
555 Pierce St #233, Albany, CA,94706 $579,000 2 2 1,113 --
1145 Washington Ave, Albany, CA,94706 $2,649,000 -- -- -- 5001 Sqft
917 Key Route Blvd, Albany, CA,94706 $899,800 2 1 838 3125 Sqft
417 Evelyn Ave #206, Albany, CA,94706 $655,000 2 2 986 15173 Sqft

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ByOwner last updated this listing 05/01/2024 @ 00:40

MLS: 41054832
LISTED BY: Grant Chappell, NAI Northern California
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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