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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
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81997607
Sold Date 08/28/25
HOA Y/N No
Year Built 1952
Annual Tax Amount $22,321
Lot Size 0.290 Acres
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 699 - Not Defined
Zoning R-4
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 9
Building
Water Public
Schools
School District Other
Others
Tax ID 4130097012
Financing Conventional
Special Listing Condition Standard
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Bought with Carlos Azucena Marcus & Millichap
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Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327