ALBANY OPPORTUNITY! Southern Facing! Enjoy the wonders of Albany! Located close to Solano Avenue, Albany Bulb, the Bay Trail and so much more! Come embark on your creative side! The perfect property with so many options! Each unit comes with a private yard; it's own garage and parking space. Perfect opportunity to revive this property and make it just the way you want!
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.
The median home value in Albany, CA is $1,218,000. This is higher than the county median home value of $1,034,400. The national median home value is $338,100. The average price of homes sold in Albany, CA is $1,218,000. Approximately 47.38% of Albany homes are owned, compared to 48.72% rented, while 3.9% are vacant. Albany real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albany real estate agent to arrange a tour today!
Albany, California 94706 has a population of 19,958. Albany 94706 is more family-centric than the surrounding county with 45.01% of the households containing married families with children. The county average for households married with children is 36.75%.
The median household income in Albany, California 94706 is $113,602. The median household income for the surrounding county is $112,017 compared to the national median of $69,021. The median age of people living in Albany 94706 is 36.6 years.
The average high temperature in July is 72.3 degrees, with an average low temperature in January of 43.1 degrees. The average rainfall is approximately 25.2 inches per year, with 0 inches of snow per year.