Comm Ri Multi-units 5+ For Sale
6,123 Sqft - 1272 Solano Avenue, ALBANY, California 94706
Property Description
TOURS 12/4 at 11AM. OFFERS BY 12/7 1272 Solano Avenue is an 8-unit value-add mixed use building located in the upscale pedestrian-oriented featuring numerous restaurants, coffee shops, a local theater and a variety of small charming retail shops. In addition to the property’s stellar location, there is a tremendous amount of opportunity to add value and increase the rental income and stabilize the asset. The mixed-use building features Four (4) spacious One-Bedroom apartments and Four (4) retail suites. El Cerrito Plaza BART is less than a mile away. Fine dining, entertainment and shopping options are located steps away.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40846179
Price : $1,650,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 6,123 Sqft
Year Built : 1951
Lot Area : 0.13 Sqft
Features
Heating System : Other Heat
Cooling System : Other
Basement : Other
View : Other
Roof : Other
Address Map
Country : US
State : CA
County : Alameda
City : ALBANY
Zipcode : 94706
Street : Solano Avenue
Street Number : 1272
Floor Number : 0
Longitude : W123° 42' 25.2''
Latitude : N37° 53' 25.3''
MLS Addon
Office Name : MARCUS & MILLICHAP
Building Type : Lowrise (1-3 Flrs)
Area : Albany
Address : 1272 Solano Avenue
Cross Street : Key Route Blvd.
Directions to Property : Solano Avenue/Key Route Blvd.
LA1User Code : R01980615
LA1Agent First Name : LOUIS
LA1Agent Last Name : KWOK
Status Category : Sold
Tot # Parking Spaces : 7
Tot # of Units : 8
List $/SqFt : $269
Age : 67
Apx Lot Sq Ft : 6,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
ADDTL FEATURES MISC. : Other
ALL UNITS HAVE : Other
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Stucco
FLOORING : Other
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Other
OPERATING EXPENSES : Other
SEPARATE METERS : Electric, Gas, Water
SOME UNITS HAVE : Other
TENANT PAYS : Electric, Gas, Water
UNITS-OTHER : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
LAUNDRY : Other
Census Tract : 27590141
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $132,000
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.3%
FINANCIAL DATA SOURCE : Owner, Estimated
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Seller Reserved
Listing Service : Full Service
Special Information : None
Original Price : $1,650,000
Sold Price : $1,720,000
Previous Price : $1,650,000
Sale $/SqFt : $0
