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Solano Professional Building 1758-1760 Solano Ave 16,486 SF 97% Leased Office Building Berkeley, CA 94707 $5,497,000 ($333.43/SF) 6.68% Cap Rate
Investment Highlights
- Stabilized Berkeley Hills Asset: 18,819-SF 3-story office building featuring 19 suites with diversified professional tenancy and 100% occupancy.
- Recent Capital Improvements: Comprehensive modernization program completed under current ownership, reducing near-term CapEx requirements.
- Prime Solano Avenue Location: Situated in the heart of Berkeley Hills with a Walker's Paradise Score of 94, along a 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 average $43.11/SF/month, with market rents at $54.03/SF/month.
- Turnkey Investment Opportunity: Fully renovated and modernized building systems, professional wayfinding and directory, and move-in-ready suites.
Executive Summary
1760 Solano Avenue presents a rare opportunity to own a fully occupied, pride-of-ownership mixed-use asset in North Berkeley. The three-story, 18,819-square-foot 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 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 investment stability.
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 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 investment stability.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,486 SF
Building Class
B
Year Built
1966
Price
$5,497,000
Price Per SF
$333.43
Cap Rate
6.68%
NOI
$367,259
Percent Leased
97%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,495 SF
Building FAR
1.58
Lot Size
0.24 AC
Zoning
C-SO - Solano Avenue Commercial District
Parking
19 Spaces (1.15 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 2nd Fl-Ste 209A
- 466 SF
- Office
- -
- Aug 2026
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 207 | 510 SF | Office | - | Now |
| 2nd Fl-Ste 209A | 466 SF | Office | - | Aug 2026 |
2nd Fl-Ste 207
| Size |
| 510 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Fl-Ste 209A
| Size |
| 466 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Aug 2026 |
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2nd Fl-Ste 207
| Size | 510 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 061-2613-005-01 | Improvements Assessment | $1,178,100 |
| Land Assessment | $1,504,500 | Total Assessment | $2,682,600 |
Property Taxes
Parcel Number
061-2613-005-01
Land Assessment
$1,504,500
Improvements Assessment
$1,178,100
Total Assessment
$2,682,600
Contacts
-
James Kilpatrick -
Seth Hubbert -
Damon Gerstein -
Ian Cruda -
NAI Northern California
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
