Albany, CA 94706,1126 Marin Ave
$2,875,000
Est. payment /mo
$2,995,000
4.0%
Est.Price: ?

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6,804 SqFt
SOLD DATE : 04/03/2025

Key Details

Sold Price $2,875,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 6,804 sqft

Price per Sqft $422

Subdivision Central Albany

MLS Listing ID 41080116

Year Built 1975

Lot Size 6,000 Sqft

Property Sub-Type 5 or More Units

Property Description

Winkler Real Estate Group proudly presents 1126 Marin Avenue, a prime multifamily investment opportunity in the heart of Albany. This property features eight apartments, each offering 2 bedrooms, 1.5 bathrooms, and underground gated parking with a dedicated space for every unit. The apartments boast large dual-pane sliding glass doors that open to spacious balconies, allowing ample natural light and outdoor living space. Most units have been extensively renovated, showcasing updated kitchens and bathrooms.Upgrades with modern conveniences in mind, the property includes EV charging stations for every parking space, a security camera system with remote access, coin-operated laundry, a secure built-in package locker, and upgraded LED exterior and garage lighting.Located in a highly coveted area, 1126 Marin Avenue benefits from consistent and strong demand for rental housing. Albany is renowned for its top-rated school district and is considered one of the most desirable cities in the East Bay. The property is situated just one block from vibrant Solano Avenue, a thriving commercial district offering a variety of restaurants, cafes, shops, and the annual Solano Stroll Street Festival. Additionally, Whole Foods, Sprouts, Trader Joe's, and other grocery stores are within a mile.

Location

State CA

County Alameda

Interior

Heating Baseboard, Electric

Cooling None

Flooring Vinyl, Carpet

Laundry Coin Operated, Community Facility, Laundry Equip - Owned

Exterior

Utilities Available Wired For Cable TV, All Electric, Individual Electric Meter

Building

Lot Description Landscape Back

Sewer Public Sewer

Water Public

New Construction No

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Bridge MLS
Listed by Tom Coble • Winkler Real Estate Group
Bought with DianaMendler

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