517 Stannage Avenue, Albany, CA 94706-1236

Keller Williams Commercial is pleased to be retained as the exclusive broker for the 517 Stannage Avenue Apartments. The subject property is a Four (4) unit apartment building, just North of Solano Avenue in the highly desirable City of Albany. This premier location offers tenants a quiet residential atmosphere while remaining just steps away from the vibrant dining and shopping corridors that define the neighborhood.

Built in 1963, the 517 Stannage Avenue Apartments consist of Four (4) units in a two-story walkup apartment building. The building is built of wood frame construction with a stucco exterior. The apartment building contains approximately 3,452 square feet of gross building area set on a 5,151 square foot lot. The property has been well-maintained, showcasing the solid architectural bones of its era while serving as a reliable asset in a low-vacancy submarket.

The property features a total of Four (4) two bedroom / one bath units estimated at 863 square feet each. A majority of the units have been substantially remodeled and feature kitchen upgrades such as granite countertops, new cabinetry, new appliances and designer light fixtures. The units feature beautiful hardwood flooring through much of the apartment while bedrooms are carpeted. Bathrooms contain small vanities, tiled floors, wall-mounted cabinets and bathtubs with surrounds.

Heat is provided to units via gas wall heaters. All units are separately metered for gas and electricity while water is master metered. Hot water is provided to all units via a 100-gallon water heater located in the laundry room. The torch-down bitumen roof was replaced in 2013 and resealed in 2025. The building features huge windows with tons of natural light. In addition, every unit boasts large living spaces. New high quality double pane windows and sliding glass doors were installed in 2021. Each of the units is provided with their own storage closet on the exterior near the electric and gas meters. Each resident is assigned an on-site covered parking space.

The 517 Stannage Avenue Apartments offer investors the opportunity to acquire a well-maintained, well-situated property with zero deferred maintenance in the highly desirable City of Albany. With a two-bedroom unit being kept vacant as a potential owner's unit, this asset will attract not only investors but also owner users. Located approx. one-half mile from El Cerrito BART and just three blocks from Solano Ave, this property will attract students and young professionals alike.