Thank you
Grant Chappell
NAI Northern California
510-336-4712
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.
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Total Baths: 0
None
Air Conditioning
Electric
Has Heating
Year Built: 1958
Construction: Concrete
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1667
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7260
Original List Price: 6,250,000
Listing Contract Date: 2024-04-04
Parcel Number: 65264041
Lease Term: Negotiable
Tenant Pays: Gas
Source Listing Status: Active
Source Neighborhood:
Directions: Gilman exit to Solano. Cross Street: Curtis.
Source Property Type: Residential Income
Property Age: 66
Year Built Source: Vendor Enhanced
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.