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$5,497,000 / 18819ft2 - 1760 Solano Ave (alameda)
18819ft2
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three-story, ±18,819 SF building features a ground-floor retail suite and 18 professionally renovated office suites above, supported by 19 gated parking spaces. Under current ownership, the property has benefited from substantial capital improvements including new build-outs, modernized common areas, and upgraded building systems. With strong tenancy in place and proven demand along Solano Avenue, this stabilized asset is positioned to deliver reliable cash flow with additional rent growth potential as leases roll.
Situated on Solano Avenue in the heart of North Berkeley, this property benefits from one of the East Bay’s most vibrant retail and
professional corridors. Solano Avenue is a celebrated destination lined with boutiques, cafés, restaurants, and neighborhood services that attract steady foot traffic from Berkeley Hills, Albany, and Kensington residents. The property enjoys a “Walker’s Paradise” score and excellent transit connections, offering tenants and visitors convenient access while being surrounded by a dynamic mix of local institutions and cultural amenities. Solano Avenue’s enduring popularity and strong demographics make it a premier location for long-term.
Stabilized Berkeley Hills Asset – 18,819 SF three-story office building featuring nineteen office suites with diversified professional tenancy and 100% occupancy.
Recent Capital Improvements – Comprehensive modernization program completed under current ownership including new third-floor suite buildout, HVAC upgrades, vacant unit renovations, and common area improvements, reducing near-term CapEx requirements.
Prime Solano Avenue Location – Situated in the heart of Berkeley Hills with Walker's Paradise Score of 94/100, surrounded by an eclectic mix of shops, restaurants, and entertainment along this historic main thoroughfare.
Strong Parking Ratio – 19 gated parking spaces providing excellent parking coverage for tenants in a highly walkable Berkeley Hills location.
Significant Rent Growth Upside – Current rents averaging $43.11/SF/month with market rents at $54.03/SF/month, representing substantial upside potential as leases roll and the fully-occupied building benefits from Berkeley's strong office market fundamentals.
Turnkey Investment Opportunity – Fully renovated and modernized building systems, professional wayfinding and directory, and move-in-ready suites positioned for continued strong performance with minimal additional capital investment required.
Click for Offering Memorandum:
https://drive.google.com/file/d/1VjwVnnOUdY6gUzUDeg-9T0OyAHcvQ5d-/view?usp=sharing