40
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$2,875,000
$2,995,000 4.0%
Est. payment /mo
5,998 Sqft Lot
Sold on 04/03/2025
1126 Marin Ave Albany, CA 94706
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Key Details
Sold Price $2,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Central Albany
MLS Listing ID 41080116
Sold Date 04/03/25
HOA Y/N No
Year Built 1975
Annual Tax Amount $66,504
Lot Size 5,998 Sqft
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
Fireplace No
Exterior
Roof Type Composition
Total Parking Spaces 8
Others
Tax ID 65265931
Financing Cash
Listed by Tom Coble • Winkler Real Estate Group
Bought with Diana Mendler • Red Oak Realty
Bought with Diana Mendler • Red Oak Realty