1494 Solano, Albany, CA 94706

Updated pricing Were pleased to present 1494 Solano Ave a turnkey 20unit property ideally located on one of the East Bays 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 1bedroom1bathroom units and four 4 2bedroom1bathroom units with ample parking ground floor and offstreet and coinop 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 PGE 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 Bowld Korean Rice Bar this ideal location appeals to young professionals and families

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for 94706 is expected to be promising in the coming years. Located in Berkeley, California, the demand for rental properties in this area is consistently high due to the city's vibrant culture, renowned educational institutions, and its proximity to San Francisco. The rental market in 94706 benefits from a diverse tenant pool, including students, young professionals, and families, all seeking rental properties that offer convenient access to local amenities, public transportation, and employment opportunities. Additionally, the steady growth of the technology sector in nearby San Francisco and Silicon Valley has led to an influx of high-income earners looking for rental homes, further driving the demand for rental properties in the area. Consequently, owning a rental property in 94706 can provide a stable income stream and potential long-term appreciation in value. However, it is essential for landlords and property owners to stay informed about local laws and regulations, as Berkeley has enacted tenant-friendly policies that can impact rental property management in the area. Overall, the rental real estate market outlook for 94706 is expected to remain strong, with opportunities for both existing and prospective investors.

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