1259 1259 Portland Ave, Albany, California 94706, Albany, 94706 - 3 bed, 2 bath
1259 1259 Portland Ave
Albany, California 94706
Property Price
SUMMARY
Analysis of 1259 1259 Portland Ave, Albany, California 94706 reveals a Prime Investment Opportunity with a current list price of $1,150,000—significantly undercutting the $1,299,033 Fair Market Value by 11%. This valuation gap indicates a +$149,033 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Albany Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1259 1259 Portland Ave Subject | $1,150,000* List Price | 3 | 2 | 1,549 | $839 | - |
A 1197 Curtis Street Sold | $1,390,000 | 3 | 2 | 1,444 | $963 | 0.8 mi |
B 721 Pomona Ave Sold | $1,195,000 | 3 | 2 | 1,299 | $920 | 0.2 mi |
C 1126 Brighton Ave Sold | $1,440,000 | 3 | 3 | 1,499 | $961 | 0.3 mi |
D 959 Kains Ave Sold | $1,300,000 | 3 | 3 | 1,610 | $807 | 0.5 mi |
E 1252 Portland Ave Sold | $849,000 | 2 | 1 | 1,170 | $726 | 0.1 mi |
F 728 Stannage Ave Pending | $1,049,000 List Price | 3 | 2 | 1,355 | $774 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1943 MacGregor home is in move-in ready condition, featuring a modernized eat-in kitchen with stainless steel appliances, stone countertops, and updated cabinetry. The original hardwood floors are well-maintained, and the interior features contemporary light fixtures and fresh paint. While the property retains its vintage architectural character, the key living areas and systems appear well-maintained and updated within the last 5-15 years, fitting the 'good' criteria perfectly.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Walkability
Situated in the highly desirable 'San Gabriel Triangle,' the property boasts an exceptional Walk Score of 88 and Bike Score of 98, offering immediate proximity to Solano Avenue's dining and top-rated Albany schools.
- Architectural Character
This quintessential 1940s MacGregor home features signature period details, including a classic entryway, original hardwood floors, and a wood-burning fireplace, providing timeless charm and aesthetic appeal.
- Versatile Living Space
The floor plan is well-optimized for modern needs, featuring three bedrooms plus a bonus room and two bathrooms, offering the flexibility required for a home office or a growing family.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1943, the property may require updates to aging systems such as plumbing, electrical, or insulation to meet modern energy efficiency and performance standards.
- Compact Lot Size
The lot size of 3,948 square feet is relatively modest, which may limit future expansion possibilities or appeal to buyers seeking extensive private outdoor grounds.
About 1259 1259 Portland Ave
Perfectly located in Albany’s "San Gabriel Triangle", this quintessential 1940s MacGregor home perfectly balances character with space and functionality. This home welcomes you from the moment you step through the door. From the signature MacGregor entryway to the original hardwood floors and cozy wood-burning fireplace, the home’s charm shines through every corner. This floor plan provides a spacious feel with three bedrooms, a bonus room, and two bathrooms, offering the versatility needed for a growing family or a dedicated home office. Large windows throughout invite natural light into the formal living and dining areas, while an eat-in kitchen and the back deck provide the perfect spot for morning coffee, or head outside to the sunny and private backyard which is also perfect for hosting friends and family. This isn't just a home, it's a lifestyle. With a Walk Score of 88 and a Bike Score of 98, you are steps away from Solano Avenue and top-rated Schools. Enjoy instant access to the East Bay's best boutiques, cafes, gyms, and a world-class dining scene while benefiting from Albany’s legendary school district, with middle and high schools just a short stroll away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 3,948 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,549 | 1,371.5 | 58% |
| Lot Size | 3,948 | 3,800 | 55% |
| Price | $1.15M | $1.38M | 34% |
| Price per sq ft | $742 | $1.0K | 11% |
| Built year | 1943 | 1927 | 82% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 157 | 3% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,150,000
Initial Listing
Sold
Oct 23, 2007
$766,000
Public Record
Sold
Oct 29, 1996
$260,000
Public Record