534 Adams St, Albany, California 94706, Albany, 94706 - 0 bed, 0 bath
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534 Adams St
Albany, California 94706
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
4,000Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,750,000
EST. MARKET VALUE
$1,951,294
10% BelowMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,951,295 Fair Market Value by 10%. This valuation gap offers $201,295 in Instant Equity. Featuring an Exceptional Condition Rating with modern finishes, this 4,000 sq ft property offers versatile utility as a high-yield rental or a 12-bedroom facility. Located near top-rated Albany schools and BART, it is an ideal acquisition for Buy-and-Hold Investors or Non-Profit Organizations seeking a turnkey, high-demand location.
Estimated Market Value
$1,951,294+$201,294 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Albany.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 534 Adams St Subject | $1,750,000* List Price | 0 | 0 | 4,000 | $488 | - |
A 517 Stannage Ave Sold | $1,630,000 | 0 | 0 | 3,452 | $472 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features comprehensive recent renovations (likely <5 years) including modern shaker-style kitchens with stainless steel appliances, updated bathrooms, newer vinyl windows, and fresh LVP flooring throughout. Despite the 1985 build date, the interior is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location and Schools
The property is ideally situated within walking distance to BART, El Cerrito Plaza, and top-rated Albany schools, ensuring high tenant demand and long-term appreciation.
- Turnkey Condition
In exceptional, move-in ready condition, the building features newer windows, flooring, kitchens, and bathrooms, significantly reducing the need for immediate capital improvements.
- Versatile Investment Potential
With 4,000 sq ft of space, the property offers flexible usage as a high-yield quadruplex with a 5.1% proforma cap rate or a 12-bedroom facility for non-profit housing.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
The large 4,000 sq ft building footprint on a 5,000 sq ft lot leaves minimal yard or private outdoor area, which may limit appeal for families or pet owners.
- Management Intensity
Operating a 12-bedroom facility or a high-density quadruplex requires more intensive property management and maintenance oversight compared to standard residential investments.
About 534 Adams St
MASSIVE 4,000 sq ft property ... Transparent price = $1,750,000 … offers reviewed on Thursday, September 3rd at Noon ... AS A RENTAL PROPERTY currently setup as 4 separate apartments with a Proforma 5.1% Cap-Rate, GRM of 12.7 and a cost per sq ft of $438 ... AS NON-PROFIT HOUSING - you can keep it as apartments - or - do a few changes and have a central Kitchen / Dining Room with 12 Bedrooms and 6-1/2 Bathrooms ... CONDITION - Exceptional, move-in ready condition – this property has newer windows, flooring, paint, kitchens, bathrooms and more … LOCATION - extremely close to sooooo many things – the El Cerrito Plaza is across the street, BART is a few blocks away, HIGHLY-RATED Albany Schools – Albany High School is one of the top high schools in California and is only 6 or 8 blocks away … Albany Hill and good hiking are right outside the door. You can be on Hwy-80 in a few minutes – even the AC Transit Bus is less than a block away ... VIRTUAL TOUR - please see the Matterport Virtual Tour : https://my.matterport.com/show/?m=xrzq7CDBrZ2&brand=0 ... please see the documents for the Proforma.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1985
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,000 | 3,105.667 |
| Lot Size | 5,000 | 4,833.667 |
| Price | $1.75M | $1.37M |
| Price per sq ft | $438 | $441 |
| Built year | 1985 | 1966 |
| HOA | $0 | $0 |
| Days on market | 10 | 44 |
Pricing History
Listed for Sale
Aug 30, 2026
$1,750,000
Initial Listing