25 days on rocket

1494 Solano, Albany, CA, 94706

$6,250,000

0 Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
Year Built1958
HeatingElectric
CoolingNone
MLS #41054832
Lot Size0.17 Acres
StatusActive

About 1494 Solano

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.

Property Details

Property Features

Property Information:

  • Year Built: 1958

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Grant Chappell

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

Other

Directions Information:

  • Directions: Gilman exit to Solano. Cross Street: Curtis.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,250,000
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41054832

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Grant Chappell

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$31.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18.8K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3345738
9
/10
  • Marin Elementary School

  • 1001 Santa Fe Ave

  • 0.13 miles

  • Public District Grades KG-5

school-card-donut-3345739
9
/10
  • Cornell Elementary School

  • 920 Talbot Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-3345740
6
/10
  • Thousand Oaks Elementary School

  • 840 Colusa Ave

  • 0.42 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $113,657. Residents of Alameda County, CA typically earn between $100k-200k each year. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1494 Solano

What is the listing price of this property?

The listing price of 1494 Solano property is $6,250,000.

What type of property is this?

The property 1494 Solano is a house located in Albany, California, 94706.

Is this property for sale now?

Active Listing: 1494 Solano is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 1494 Solano is 1958.
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Rocket HomesCaliforniaAlameda CountyAlbany947061494 Solano

This home is located at 1494 Solano in Albany, CA and zip code 94706 in the Fairmont Park neighborhood. This home, which was built in 1958, sits on a 0.17 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $6,250,000.

Alameda County, CA housing market in March 2024 saw over 530 listings sold above listed price, more than 60 sold at listed price and over 126 sold below. The number of homes for sale in Alameda County, CA increased by 23.2% between February 2024 and March 2024. Listings spent 19 days on the market in March 2024, and had a median list price of $1,096,297 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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