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.
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: $5,795,000
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Housing Market Comparison
See how this home compares to others in Albany, CA.
This property is $4.7M more than the Median Sold Price in Albany, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #41073844
Listing Office:
Office Name: NAI Northern California
Office Phone: (510) 336-4712
Listing Agent: Grant Chappell
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: 11/17/2024, 2:20:53 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.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Marin Elementary School
1001 Santa Fe Ave
Distance between this listing and this school0.16 miles
Public District Grades KG-5
8
/10
Cornell Elementary School
920 Talbot Ave
Distance between this listing and this school0.40 miles
Public District Grades KG-5
7
/10
Thousand Oaks Elementary School
840 Colusa Ave
Distance between this listing and this school0.44 miles
Public District Grades KG-5
Nearby Schools
8
/10
Albany Middle School
1259 Brighton Ave
Distance between this listing and this school0.65 miles
Public District Grades 6-8
7
/10
Martin Luther King Jr. Middle School
1781 Rose St
Distance between this listing and this school0.85 miles
Public District Grades 6-8
6
/10
Longfellow Arts and Technology Middle School
1500 Derby St
Distance between this listing and this school2.27 miles
Public District Grades 6-8
Nearby Schools
10
/10
Albany High School
603 Key Route Blvd
Distance between this listing and this school0.45 miles
Public District Grades 9-12
3
/10
Macgregor High (Continuation)
603 Key Route Blvd
Distance between this listing and this school0.45 miles
Public District Grades 10-12
7
/10
El Cerrito High School
540 Ashbury Ave
Distance between this listing and this school1.22 miles
The neighbors living near this home have an average income of $113,657. Typical income of Albany, CA residents is between $100k-200k annually. 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 $5,795,000.
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.
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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 September 20, 2024 and is currently priced at $5,795,000.
Over 9 listings were sold over their listed price in October 2024 in Albany, CA. In the same period over 5 listings were sold below the listed price and 1 listings were sold for the listed price. In October 2024 median list price was $1,050,000 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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