
Albany, California 94706
This property presents a Strong Value Opportunity with a List Price of $888,000—positioned well below the $993,090 Fair Market Value by 10%. This valuation gap offers $105,090 in Instant Equity for buyers willing to address the Condition Rating of 5. Located in a top-tier district with 9/10 rated schools, the site offers significant upside through renovation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a prime East Bay location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 411 Kains Ave. Subject 3 bd · 2 ba · 854 sqft · $1,163 | $888,000* List Price | 3 | 2 | 854 | $1,163 | - |
A 955 Jackson St Sold 2 bd · 1 ba · 901 sqft · $954 · 0.7 mi | $860,000 | 2 | 1 | 901 | $954 | 0.7 mi |
B 1058 Kains Ave Active 2 bd · 1 ba · 837 sqft · $955 · 0.9 mi | $799,000 List Price | 2 | 1 | 837 | $955 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 with no signs of recent renovation, this property requires a complete overhaul. Images reveal a severely worn kitchen with water-stained cabinetry, dated flooring, and aged systems. The listing description explicitly frames the property as a major renovation project or a candidate for a new residential concept, indicating significant deferred maintenance and structural/cosmetic defects that require extensive rehab.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
The property is zoned for highly-rated schools, including Albany High School and Albany Middle School (both rated 9/10), which significantly bolsters long-term property value and desirability for families.
As a fixer-upper or potential redevelopment site, this property offers a prime opportunity for buyers to build significant equity through thoughtful renovation or a new residential concept in a high-demand area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The existing structure is older and requires substantial improvements, which will necessitate a significant additional investment of time and capital beyond the purchase price.
With only 854 square feet of living space for a three-bedroom configuration, the interior layout is exceptionally compact and may require structural changes to meet modern living standards.
For a buyer willing to undertake improvements, this home offers the opportunity to create personal comfort and potentially build equity over time. A carefully planned renovation can focus your investment on the features that matter most to you. This property combines an established East Bay residential setting with immediate access to shopping, transit, schools, and the wider Bay Area. The existing structure is older; the larger opportunity may lie in thoughtful renovation or a new residential concept shaped around the site. Buyer to investigate restrictions and possibilities. Owner requests 24 hr notice for appointment to view .
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 2.0 | 1.9 |
| Square foot | 854 | 1,432.375 |
| Lot Size | 2,500 | 4,018.5 |
| Price | $888.0K | $1.44M |
| Price per sq ft | $1.0K | $950 |
| Built year | 1938 | 1933 |
| HOA | $0 | $0 |
| Days on market | 33 | 39 |
Sep 21, 2026
$888,000
Initial Listing