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20-Unit Apartment Building
For Sale
Contact for pricing
Pending

1494 Solano Ave, Albany, CA 94706

Updated multifamily property with mixed one- and two-bedroom layouts, parking, laundry, and separately metered unit utilities.

Property SizeContact for details
Days on Market143

Property Features for 1494 Solano Ave

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 16 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 20

Amenities

coin-op laundry

Building Details

Year Built 1958
Listing Agency: NAI Northern California - HQ
Listed By: Grant Chappell · License #CA 01700439
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Northern California - HQ

Investment Insights

Based on property information with market context.

Built in 1958, this 20-unit apartment property includes 16 one-bedroom/one-bath units and four two-bedroom/one-bath units. Improvements include a full seismic retrofit, roof restoration, replacement windows, and a renovated facade. Interior updates feature strand bamboo hardwood flooring, refreshed bathroom vanities and cabinets, and modern appliances. Residents have access to ground-floor and off-street parking along with coin-operated laundry.

PG&E is separately metered for the units, while the landlords pay for garbage, water, and hot water. The property is located at 1494 Solano Ave in Albany, near public transit and Solano Avenue businesses including Little Star Pizza, Rivoli, and Bowl'd Korean Rice Bar. The parking area may qualify for ADU conversion.

Key Highlights

  • 20 total units: 16 one‑bedroom/one‑bath and four two‑bedroom/one‑bath apartments
  • Full seismic retrofit, roof restoration, window replacements, and complete facade renovation
  • Unit upgrades include strand bamboo hardwood floors, new bathroom vanities, cabinets, and modern appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Barber Shop Storage Facility Electrical Service Parking Lot & Garage Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,336
Businesses Nearby

Demographics for 94706, CA

21,134
Population
8,386
Households
2.5
Avg Household Size
37
Median Age
77%
College-Educated
97%
High-School Grad
1.5 sq mi
ZIP Area
14,089
Density / Sq Mi
$136,961
Median Household Income
$75,849
Median Earnings
$2,394
Median Rent
$1,188,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with mixed one- and two-bedroom layouts, parking, laundry, and separately metered unit utilities.
Where is this apartment building located?
The property is located at 1494 Solano Ave Albany, CA.
What are key features of this property?
This property features: 20 total units: 16 one‑bedroom/one‑bath and four two‑bedroom/one‑bath apartments; Full seismic retrofit, roof restoration, window replacements, and complete facade renovation; Unit upgrades include strand bamboo hardwood floors, new bathroom vanities, cabinets, and modern appliances
(415) 246-4314 Call to check price and availability
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