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$ 5,300,000
$ 5,500,000 3.6%
Est. payment | /mo
10,001 Sqft Lot
$ 5,300,000
$ 5,500,000 3.6%
Est. payment | /mo
10,001 Sqft Lot
Key Details
Sold Price $5,300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML82005521
Year Built 2003
Annual Tax Amount $106,345
Lot Size 10,001 Sqft
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 699 - Not Defined
Zoning San Pablo Commercial
Interior
Heating Floor Furnace
Cooling None
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
Listed by Patrick Stafford Baird Partnership, Inc.
Bought with Maurice Carbajal
Bought with Maurice Carbajal