845 Stannage Ave - Apartments FOR SALE


Albany, CA 94706
$1,495,000 USD
510-725-4775
845 Stannage Ave, Albany, CA for Sale
$1,495,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

845 Stannage Ave
Albany, CA 94706


HIGHLIGHTS

  • Four (4) 1bd/1bth Units Situated on a 3,631 SF Lot
  • Flexible Floor Plans Offering Refinished Hardwood Floors, Ample Natural Light, and Large Walk-In Closets
  • 2:1 Off-Street Parking Ratio, Including Three (3) Covered One-Car Garages and Unused Storage Space w/ ADU Potential
  • Well-Maintained Building with Fresh Exterior Paint & Low-Maintenance Landscaping
  • Located in an Area Free From City Rent Control!
  • Walker's Paradise in Albany, Near an Array of Restaurants, Shopping Outlets, Nearby Parks, BART, and Public Transportation Options

OVERVIEW

The Pinza Group, Inc. is pleased to present 845 Stannage Avenue, a well-maintained fourplex boasting a prime location in Albany, CA. The building features four (4) 1bd/1bth units, totaling 2,848 SF of rentable space. The structure is set near an array of attractions along San Pablo Avenue, and is considered a Walker's Paradise with easy access to countless amenities. The property features ample off-street parking, including three (3) covered one-car garages, driveway parking, and additional storage space for supplementary income or potential ADU conversion. Situated on the eastern shoreline of the San Francisco Bay, next to the Golden Gate Bridge, Albany is ranked among the best places to live in California. Centrally located in a major metropolitan area, Albany manages to maintain a sense of small-town ambiance, which is accentuated by its charming commercial corridor along Solano Avenue with quaint local shops and some of the Bay area’s best eateries. Neighboring communities like Berkeley, El Cerrito, Kensington, and Richmond offer plenty of amenities and recreational opportunities as well. Convenience to public transportation and major freeways makes getting around from Albany simple. Email: Info@PinzaGroup.com for a complete marketing package.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$588 USD /SF

# OF UNITS

4

PRICE/UNIT

$373,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,631 SF

ZONING

Multifamily

APN/PARCEL ID

066-2801-024-00

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-725-4775

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Steven PinzaPinza GroupMore Info
510-725-4775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.