$1,625,000
SOLD APR 30, 2025

1009 Solano Ave Albany, CA 94706

Solano Hill Neighborhood
-- Bed
-- Bath
4,436 Sq Ft
3,769 Sq Ft Lot

Recently Sold

$366 Per Sq Ft

19% Below List Price

73 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • Albany Middle School Rated A
  • Garden
  • Wall Furnace

About This Home

As of April 2025

Major price reduction on this mixed use property with 2 commercial spaces and 4 residential units, all leased. Beautifully managed and maintained by owner, four charming 1bd/1ba units with hardwood floors, All rooms surrounded by double glazed windows allowing plenty of natural light, 3 units with own washer dryer hook-ups, two commercial units with long term leases and scheduled rent increases, fantastic professional tenants, historically low turnover, conveniently located in one of Albany's great neighborhoods, close to shopping, cafes, restaurants, AC transit, Bart, freeways etc, upside income potential, no city rent control, great public schools, separate PG&E and water meters for all units.

Last Agent to Sell the Property

Kim Marienthal

Coldwell Banker Realty License #00863747 Listed on: 01/13/2025

Last Buyer's Agent

Sheila Cavanaugh

License #02038047

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 3,769 Sq Ft Lot
  • Rectangular Lot
  • Garden
  • Front Yard

Home Design

  • Shingle Roof
  • Stucco

Flooring

  • Wood
  • Partially Carpeted

Utilities

  • No Cooling
  • Wall Furnace

Additional Features

  • Free-Standing Range
  • Washer and Dryer Hookup

Community Details

  • No Home Owners Association
  • 4,436 Sq Ft Building
  • Bridge Aor Association
  • Albany Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66279017

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Year Built: 1933
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.09
  • Subdivision Name: ALBANY
  • Directions: San Pablo Ave to Solano
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting
  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator
  • Other Equipment: None
  • Basement YN: No

Exterior Features

  • Roof: Shingle
  • Lot Features: Regular, Front Yard, Garden, Landscape Back
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, See Remarks

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Natural Gas Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Laundry Features: Washer/Dryer Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3769
  • Parcel Number: 66279017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Apr 11, 2025
Sold by
Mahmood Mokhtari Revocable Trust and Rosenthal-Yarmo Living Trust
Bought by
Albany Connections Property Management Llc
Seller's Agent
Kim Marienthal
Coldwell Banker Realty
Buyer's Agent
Sheila Cavanaugh
List Price
$1,995,000
Sold Price
$1,625,000
Premium/Discount to List
-$370,000
-18.55%
Views
28
Current Estimated Value
$1,595,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,166
Avg. Annual Appreciation
-2.45%

Purchase Details

Closed on
Aug 20, 2019
Sold by
Rosenthal David B and Mokhtari Mahmood
Bought by
Mokhtari Mahmood and Rosenthal David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 2004
Sold by
Mokhtari Mahmood and The Mahmood Mokhatari Revocabl
Bought by
Mokhtari Mahmood and Mahmood Mokhtari Revocable Tru

Purchase Details

Closed on
Sep 26, 2002
Sold by
Mokhtari Mahmood
Bought by
Mokhtari Mahamood and Mahmood Mokhtari Revocable Tru

Purchase Details

Closed on
Jun 21, 1999
Sold by
Grether Robert G and Grether Katherine K
Bought by
Rosenthal David and Yarmo Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,875
Interest Rate
7.2%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,625,000 Old Republic Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $522,500 Nortwestern Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 Commercial
Previous Owner $391,875 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $1,625,000 -4.1% $366 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/15/2025 02/15/25 Price Changed $1,695,000 -15.0% $382 / Sq Ft
01/13/2025 01/13/25 For Sale $1,995,000 -- $450 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,743 $803,024 $288,166 $514,858
2024 $15,743 $787,281 $282,517 $504,764
2023 $13,598 $771,846 $276,978 $494,868
2022 $13,401 $756,715 $271,548 $485,167
2021 $13,210 $741,881 $266,225 $475,656
2020 $13,066 $734,279 $263,497 $470,782
2019 $12,774 $719,883 $258,331 $461,552
2018 $12,540 $705,771 $253,267 $452,504
2017 $12,229 $691,935 $248,302 $443,633
2016 $11,619 $678,372 $243,435 $434,937
2015 $10,857 $668,182 $239,778 $428,404
2014 $10,933 $655,093 $235,081 $420,012
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kim Marienthal

    Coldwell Banker Realty

  • S

    Buyer's Agent in 2025

    Sheila Cavanaugh

    (415) 308-5292

    1 in this area

    69 Total Sales

    Sheila Cavanaugh
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Map

Source: bridgeMLS

MLS Number: 41082284

bridgeMLS

APN: 066-2790-017-00

California Alameda County Albany 94706 Solano Hill

1009 Solano Ave, Albany, CA

Sold

MultiFamily

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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