1100 Portland AVE new

Albany,CA 94706

$ 5500000

5 Beds

3.5 Baths

16028 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 16,028 sqft

Price per Sqft $343

MLS Listing ID ML82005521

Bedrooms 5

Full Baths 3

Half Baths 1

Year Built 2003

Lot Size 10,000 Sqft

Property Sub-Type Five or More Units

Property Description

1100 Portland Avenue & 701-707 San Pablo (The Portland Gardens) is a prime mixed-use investment opportunity in the heart of Albany. Built from the ground up in 2003, this property features 12 market rate apartment units (8 - 3/2s & 4 - 2/1s), two street-level commercial units on San Pablo, a gated parking garage with 20 parking spaces & EV charging stations, a security camera system, and ten storage units. The apartments have abundant sources of natural light, large functional floor plans, nine foot ceilings, installed washers/dryers, and access to the beautiful common courtyard. This property is a strong candidate for a condo conversion. To that end, the condo conversion process has been initiated and Buyers are encouraged to research this process further.

Location

State CA

County Alameda

Area Albany

Building/Complex Name Portland Gardens

Zoning San Pablo Commercial

Interior

Heating Floor Furnace

Cooling None

Exterior

Parking Features Electric Car Hookup,Gate / Door Opener,Off-Street Parking,Private / Exclusive

Garage Spaces 20.0

Utilities Available Individual Electric Meters,Individual Gas Meters,Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions Pets - Allowed

Tax ID 066-2812-001-01

Security Features Other

Special Listing Condition Not Applicable

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