Properties

Comm Ri Multi-units 5+ For Sale

5,508 Sqft - 408 Stannage Avenue, ALBANY, California 94706

QR Code
Property Description

The 408 Stannage Avenue property is a 1962 vintage, well maintained and professionally managed asset. The building is 5508 SF on a 5,000 SF parcel. It consists of 8 two bedroom, one bath units on two levels over parking.The upper units have skylights and four units include balconies. PG&E is separately metered. Each unit has a garage parking space and storage locker. The roof is reflective rolled comp. Landscaping is sprinklered. The building is wood frame and stucco. The leased coin operated laundry provides one washer and one dryer. The 408 Stannage Avenue address is a desirable Albany location. The property is on a quiet street with no thru traffic, yet offers immediate access to El Cerrito Plaza and the El Cerrito BART station. I-80 freeway access is excellent via Central Avenue.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40926135
Price : $2,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 5,508 Sqft
Year Built : 1962
Lot Area : 0.11 Sqft
Features
Heating System : Gas, Wall Furnace
Roof : Rolled Composition
Address Map
Country : US
State : CA
County : Alameda
City : ALBANY
Zipcode : 94706
Street : Stannage Avenue
Street Number : 408
Floor Number : 0
Longitude : W123° 42' 0.8''
Latitude : N37° 53' 51.9''
MLS Addon
Office Name : CBRE, INC.
Building Type : Apt Complex
Area : Albany
Address : 408 Stannage Avenue
Cross Street : Brighton Avenue
Directions to Property : Brighton off San Pablo
LA1User Code : R00344320
LA1Agent First Name : RICHARD
LA1Agent Last Name : THOMPSON
Status Category : Sold
Tot # Parking Spaces : 8
Tot # of Units : 8
List $/SqFt : $454
Age : 58
Apx Lot Sq Ft : 5,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $47,787
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv, Extra Storage, Lawn Sprinkler
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Water Heater Gas, Individual Electric Meter, Individual Gas Meter
EXTERIOR : Stucco
FLOORING : Linoleum, Partial Carpeting
LOT DESCRIPTION : Regular
ON-SITE PARKING DESC : Garage Parking, Garage Facing Front
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, License/ads, Property Tax/assessments, Trash Removal, Utilities, Vacancy Factor, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Deck
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Dryer, Washer, Coin Operated, In Garage, Common Room, Laundry Equip - Leased
Census Tract : 4202.00
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $6,000
2nd Loan Balance : $178,296
Tot Other Loans : $1,200
Financial Data Verif(Y/N) : 3.7%
FINANCIAL DATA SOURCE : Owner, Property Manager
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,500,000
Sold Price : $2,300,000
Previous Price : $2,500,000
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40926135
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 5,508 Sqft
$2,500,000
Agent info
Contact Agent