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Brett Weinstein presents:
Possible Home + Income
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$2,300,000
about this home's
Property Features
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beds
3
baths
3
Interior
3
Lot
3
Basic Specs
There are two buildings with a well landscaped courtyard on a 6,985 sq foot lot in a prime section of Albany.
Built in 1931 (902 Curtis) and in 1934 (1498 Solano)
Combined Total Size: 3,813 Sq Feet of Living Space* plus 680 Sq Feet of Converted Garage and Basement (in 902 Curtis)
6,985 sq ft lot, per County Assessor
Walkscore of 91 (a "Walker's Paradise").
902 Curtis has approx. 2,033 square feet of living space plus a very usable additional 680 sq feet former garage and basement. It is currently rented to several independent psychotherapists.
1498 Solano has approx. 1,780 sq ft. It is currently rented to a mix of acupuncturists, MD's, and other therapists.
All tenants are on month/month agreements.
Albany Zoning Map Indicates the property in its “Solano Commercial (SC)” zoning designation.
County Assessor Indicates “Medical Bldg/Clinic.
Possible Uses
1) Maintain the current use as therapist offices, either as an owner-user or purely for commerical rental income.
2) Convert 902 Curtis back to a single family home for owner-occupancy and maintain 1498 Solano as office space for income.
3) Convert 902 Curtis back to a residence and use 1498 Solano for your own business needs.
Details
902 Curtis is currently configured as a suite of 7 therapy offices, but one can see the original architectural features of a single-family house with 5Br/2.5BA and approx. 2,033 sq feet of living space plus an additional 683 sq feet of converted garage and basement. There are graceful arched windows, oak floors, a large living room with fireplace and vaulted ceiling, radiant heating, and a large light-filled primary suite with exposed beam ceiling and a full bathroom. There is also driveway with room for a total of four cars: two side-by-side with two tandem.
902 Curtis offers immense potential for conversion back to an elegant residence with the extra benefit of great proximity to Albany’s excellent public schools and all the commercial amenities on Solano Ave. An Administrative Use Permit (AUP) would be required from the City. Sellers are of the understanding that It was occupied as a residence for 4 decades (1930's-mid 1970's)
Alternatively, the building can continue providing rental income for a new owner or use for their own professional office space needs. All tenants are on month/month and proforma rents are approximately $80.400/year.
1498 Solano Ave is a one-story Mediterranean style structure originally built in 1934 as a medical and dentistry office and is thought to be of the oldest medical buildings in the area. Along with a classic entry rotunda, other features include random plank oak floors, mahogany doors, exposed beam ceiling, and up to 7 separate office spaces. Total interior space is approx. 1,780 sq feet. Based on past rental history, proforma rents are in the $70,200/year range (just for this building).
* All square footage designations are sourced from OHP and are deemed reliable but not guaranteed. Public record data indicates 4,065 sq ft of living space.
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Showings by Appointment Only:
Contact Brett Weinstein
(510) 867-9883
[email protected]
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