1494 Solano, Albany, CA

$5,895,000

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8,921

Square feet

0.17

Acres

About 1494 Solano

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.

Features of 1494 Solano

MLS® # 41054832
Price $5,895,000
Bathrooms 0.00
Square Footage 8,921
Acres 0.17
Year Built 1958
Type COMM RI MULTI-UNITS 5+
Sub-Type Lowrise (1-3 Flrs)
Status Active

Community Information

Address 1494 Solano
Area Listing
City Albany
County Alameda
State CA
Zip Code 94706

Amenities

Parking Covered, Parking Lot
Is Waterfront No
Has Pool No

Interior

Interior Features Storage
Heating Electric
Cooling None
Fireplace No

Exterior

Lot Description Regular
Construction Concrete Block

Additional Information

Date Listed April 4th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGrant Chappell
OfficeNAI Northern California

Listing Map

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