Bought with Carlos Azucena • Marcus & Millichap
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467 Albion AVE San Lorenzo, CA 94580
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Key Details
Sold Price $1,150,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,749 sqft
Price per Sqft $306
MLS Listing ID ML81997607
Bedrooms 1
Full Baths 2
Year Built 1952
Lot Size 0.290 Acres
Property Sub-Type Five or More Units
Property Description
Excellent price per unit and strong returns on day 1 with exceptional upside. The Azucena Group presents 467 Albion Ave., a nine-unit multifamily property in San Lorenzo, featuring a unit mix of five studios and four one-bedroom, one-bathroom apartments. Situated on a large 0.29-acre lot (12,415 sq. ft.), the property offers residents convenient amenities, including on-site parking and laundry facilities. Its prime location provides walkable access to numerous shops and services. Additionally, the property presents multiple value-add opportunities, allowing investors to enhance cash flow and increase asset value while investing in a community that connects the East Bay with the Peninsula and Silicon Valley.
Location
State CA
County Alameda
Area Hayward
Zoning R-4
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features On Street, Parking Area
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Special Listing Condition Not Applicable
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