1494 Solano Active

Albany,CA 94706

$ 5795000

- Bed

0 Bath

8921 SqFt


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

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 Listing

Interior

Heating Electric

Cooling None

Flooring Hardwood,Laminate,Tile,Other

Building

Lot Description Regular

Sewer Public Sewer

Water Public

New Construction No

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