Bought with Tyler Clark • Lee & Associates
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,028 sqft
Price per Sqft $446
Subdivision Central Albany
MLS Listing ID 41117898
Year Built 1955
Lot Size 4,800 Sqft
Property Sub-Type 5 or More Units
Property Description
825 Kains Ave presents an exceptional opportunity to acquire a well-maintained 8-unit residential income property in the heart of Albany. The building features a desirable unit mix of seven 550 sq ft one-bedroom/one-bath apartments and one 650 sq ft two-bedroom/one-bath unit that includes its own private outdoor space. Fully occupied and generating a gross monthly income of $11,427, this asset offers investors immediate, reliable cash flow. Designed for efficient and low-maintenance operation, the property is separately metered for both water and PG&E—minimizing expenses and streamlining management. Additional conveniences include five off-street parking spaces, newly completed exterior painting, and a recently issued balcony inspection report from the City of Albany. The location is exceptional. Positioned just under 300 feet from vibrant Solano Avenue, residents enjoy effortless access to popular restaurants, cafés, markets, and boutique shops. Albany's highly regarded schools and quick access to I-80 further enhance the property's long-term rental appeal. This is a rare opportunity to secure a prime multi-unit investment in one of the East Bay's most sought-after communities, offering stable income, strong tenant demand, and long-term growth potential.
Location
State CA
County Alameda
Interior
Heating Natural Gas
Cooling None
Flooring Tile, Vinyl, Carpet
Building
Lot Description Level, Rectangular Lot
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