Bought with Maurice Carbajal • GCM Realty & Loans
$5,300,000
$5,500,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3.5 Baths
16,028 SqFt
SOLD DATE : 07/25/2025
Key Details
Sold Price $5,300,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 16,028 sqft
Price per Sqft $330
MLS Listing ID ML82005521
Sold Date 07/25/25
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 2003
Lot Size 10,000 Sqft
Property Sub-Type Five or More Units
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 Albany
Building/Complex Name Portland Gardens
Zoning San Pablo Commercial
Interior
Heating Floor Furnace
Cooling None
Exterior
Parking Features Electric Car Hookup, Gate / Door Opener, Off-Street Parking, Private / Exclusive
Garage Spaces 20.0
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions Pets - Allowed
Tax ID 066-2812-001-01
Security Features Other
Special Listing Condition Not Applicable
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