Map of Property

1494 Solano Avenue

1494 Solano Avenue, Albany, CA 94706

  • For Sale $5,795,000
  • Property Type Multi-Family
  • Property Size 8,921 SF
  • Units 20
  • Lot Size 0.17 Acre
  • Additional Rent Contact for pricing
  • Year Built 1958
  • Date Updated Oct 18, 2024
The subject property is ideally located on Solano Ave, a main thoroughfare connecting Albany and Berkeley, one block West of Safeway. Albany boasts highly rated schools and is situated just below the Berkeley Hills. The El Cerrito Plaza BART Station is located just over a mile away, along with easy access to freeways and other public transit.The Chappell Team of NAI NorCal is 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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Highlights

  • Rare opportunity to acquire a large 20-unit Albany multifamily asset located along the upper portion of the popular thoroughfare, Solano Avenue
  • Full seismic retrofit recently completed
  • Recently renovations include a new roof, windows and facade
  • Free of local rent control ordinances
  • Located near the Albany school district - rated among the top districts in the Bay Area
  • Thirteen off-street parking spaces
  • Professionally managed by Premium Properties
  • Detailed Conceptual Plans Developed for Two ADUs

Contacts

broker

Grant Chappell

NAI NorCal

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    50/100 Good Transit

  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Albany, CA
  • Zip Code 94706
  • Market Bay Area

Points of Interest

  • El Cerrito Plaza

    1.02 miles

  • North Berkeley

    1.18 miles

  • Berkeley

    1.76 miles

  • Downtown Berkeley

    1.79 miles

  • Ashby

    2.79 miles

  • El Cerrito del Norte

    2.86 miles

  • Emeryville

    3.48 miles

  • Redwood Valley Railway

    3.62 miles

  • MacArthur

    4.43 miles

  • Marina Way / 16th Street

    4.82 miles

  • Shell

    0.58 miles

  • Arco

    0.59 miles

  • Albany Hill Mini Market

    0.65 miles

  • Volta

    0.67 miles

  • Chevron

    0.83 miles

  • eVgo

    0.86 miles

  • R&R

    0.95 miles

  • Kensington Service Station

    1.02 miles

  • SP

    1.11 miles

  • 76

    1.19 miles

  • Solano Board Walk

    0.28 miles

  • Tokyo fish market private parking

    0.82 miles

  • Picante Parking

    1.11 miles

  • Pivot Point

    1.17 miles

  • Spenger’s Parking Lot

    1.70 miles

  • Center Street Garage

    1.71 miles

  • Genetics Underground Garage

    1.72 miles

  • University Hall West Lot

    1.75 miles

  • Allston Way Garage

    1.78 miles

  • Lower Hearst Structure

    1.80 miles

  • SenS Hotel

    1.28 miles

  • Berkeley Inn

    1.28 miles

  • Rodeway Inn

    1.41 miles

  • Aiden by Best Western

    1.42 miles

  • Super 8 Berkeley

    1.44 miles

  • Holiday Inn Express & Suites Berkeley

    1.45 miles

  • Howard Johnson Berkeley

    1.46 miles

  • Quality Inn University

    1.48 miles

  • Travelodge

    1.55 miles

  • La Quinta Inn Berkeley

    1.62 miles

  • Bowl'd

    0.03 miles

  • Duo Grill House

    0.03 miles

  • Renee's Place

    0.03 miles

  • House of Curries

    0.04 miles

  • Solano Junction

    0.04 miles

  • Kathmandu Restaurant

    0.05 miles

  • Fonda

    0.05 miles

  • Lao/Thai Kitchen

    0.06 miles

  • Gordo Taqueria

    0.08 miles

  • Domino's

    0.08 miles

  • Marin Elementary School

    0.17 miles

  • Tilden Preparatory School

    0.37 miles

  • Little village preschool

    0.38 miles

  • Thousand Oaks Elementary School

    0.40 miles

  • Cornell Elementary School

    0.41 miles

  • Albany High School

    0.42 miles

  • MacGregor High School

    0.47 miles

  • Andrew University

    0.48 miles

  • Saint Mary's College High School

    0.54 miles

  • Language immersion preschool

    0.60 miles

  • Bright Star Montessori

    0.16 miles

  • Preschool Montessori

    0.21 miles

  • Bay Area Kinder Stube

    0.28 miles

  • Albany Preschool

    0.32 miles

  • KSS

    0.36 miles

  • Little Bears Daycare

    0.38 miles

  • The creative play center

    0.57 miles

  • Dandelion Nursery School

    0.66 miles

  • Gay Austin School

    0.70 miles

  • Mustard Seed Preschool

    0.72 miles

Frequently Asked Questions

How much does 1494 Solano Avenue cost?

The space currently listed for sale at 1494 Solano Avenue asks for $5,795,000.

What is the total square footage of 1494 Solano Avenue?

1494 Solano Avenue totals 8,921 square feet.

When was this property built?

1494 Solano Avenue was built in 1958.

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Contact Listing Broker

broker

Grant Chappell

NAI NorCal