1494 Solano

Albany, CA 94706

$5,795,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1958

calendar_month Built

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.

Listing Information

List Price $5,795,000
Status Active
MLS 41073844
HOA $0
Type Residential Income
Year Built 1958
Lot Size 7,260
Structure Size N/A
DOM 7
Courtesy Of NAI Northern California
Listing Agent Grant Chappell DRE#01700439

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Grant Chappell, NAI Northern California . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:42 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.