1494 Solano

    Albany, CA 94706
    • $7,250,000
    • STATUS: Active
    • ID#: 40869220
    $7,250,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:
    Area:

    School Ratings & Info

    Description

    Originally constructed in 1958 and well-maintained and updated since, the three-story subject property consists of twenty (20) total units made up of sixteen (16) 1-bedroom/1-bathroom units, and four (4) 2-bedroom/1-bathroom units on a 7,260 sq.ft. lot. The 2-bedroom units offer floor-to-ceiling bay windows facing the stunning Richmond Hills. With seven (7) covered & five (5) surface parking spaces and onsite coin-operated laundry in this Solano Avenue location, tenants enjoy prime convenience of on- and off-site amenities.

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    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-06-25T23:39:03.03.
    www.doyleresidential.com/homes/95663622

    1494 Solano Albany, CA 94706

    • Price: $7,250,000
    • Status: Active
    • ID#: 40869220
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1958
    Built
    Neighborhood:
    Albany
    County:
    Alameda
    Area:
    Albany
    Property Description
    Originally constructed in 1958 and well-maintained and updated since, the three-story subject property consists of twenty (20) total units made up of sixteen (16) 1-bedroom/1-bathroom units, and four (4) 2-bedroom/1-bathroom units on a 7,260 sq.ft. lot. The 2-bedroom units offer floor-to-ceiling bay windows facing the stunning Richmond Hills. With seven (7) covered & five (5) surface parking spaces and onsite coin-operated laundry in this Solano Avenue location, tenants enjoy prime convenience of on- and off-site amenities.
    Exterior Features

    Additional Misc Features Extra Storage Exterior Concrete Block Lot Description Regular Parking Description Covered ParkingParking Area Parking Spaces Total 13 Roof Tar And Gravel

    Interior Features

    Basement None Cooling None Flooring Hardwood FloorsLaminateTileOther Heating Electric

    Property Features

    Annual Expense Year 183924 Annual Gross Fee Income 498492 Annual Gross Sched Income 547932 Annual Insurance Expense 4460 Annual License Expense 2512 Annual Maintenance Exp 10000 Annual Management Expense 19776 Annual Miscellaneous Inc 4092 Annual Rental Inc 494400 Annual Taxes 100079 Annual Total Oper Exp 183924 Annual Utility Expense 17359 Annual Vacancy Expense 9969 Building Type Lowrise (1-3 Flrs) City Transfer Tax Yes Disabled Features Other Equipment Additional None Existing Lease Terms None Financial Data Source None Gross Oper Actual Inc 498492 Net Operating Income 304598 Other Annual Expense 29735 Point Of Sale Ordinance Yes Special Information None Tenant Pays ElectricGas Tot Bldg Sq Ft 8921 Total Deposits 0 Water Sewer Sewer System - PublicWater - Public

    Listing courtesy of Grant Chappell of Joseph M. Tapia, Broker.


    © 2019 Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2019-06-25T23:39:03.03.
     
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