
Albany, California 94706
This Updated Condominium is a Prime Investment Opportunity, listed at $349,000—positioned well below the $357,714 Fair Market Value by 2%. This valuation gap offers $8,714 in Instant Equity for the buyer. The unit is in Good Condition, featuring a Granite Kitchen, new luxury vinyl plank flooring, and Panoramic Bay Views. Located near Top-Rated Albany Schools (9/10), this property balances lifestyle with financial stability. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Pierce St 804 Subject 1 bd · 1 ba · 745 sqft · $480 | $349,000* List Price | 1 | 1 | 745 | $480 | - |
A 555 Pierce Street 1422 Sold 1 bd · 1 ba · 745 sqft · $483 | $360,000 | 1 | 1 | 745 | $483 | - |
B 555 Pierce St 1424 Active 1 bd · 1 ba · 745 sqft · $482 | $359,000 List Price | 1 | 1 | 745 | $482 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the unit is well-maintained and move-in ready following a very recent refresh including new luxury vinyl plank flooring and fresh paint. The kitchen and bathroom feature previous updates with maple cabinetry and granite counters, placing the renovation status within the 'Good' range.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
Situated on the 8th floor with floor-to-ceiling glass, the unit offers unobstructed northern views of the San Francisco Bay and Albany Hill from a private balcony.
The property features recent refreshments including new luxury vinyl plank flooring and designer paint, complemented by an updated kitchen with granite countertops and maple cabinetry.
At $686 per month, the association fees represent a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
The current list price of $349,000 is significantly lower than the 2021 sale price of $420,500, suggesting a notable decline in equity or building-specific valuation trends.
Wake up to wide-open views from the eighth floor at Gateview. This updated one bedroom, one bath condominium looks north across the bay, Albany Hill and the hills beyond, with no neighboring tower in the way. Floor-to-ceiling glass opens the living room to a private covered balcony, an easy spot for morning coffee or taking in the San Francisco Bay at sunset. The kitchen and bath have been updated with maple cabinetry and granite counters, and the home has just been refreshed with new luxury vinyl plank flooring throughout and fresh designer paint. The generous bedroom has a wide picture window and three large closets for an extensive wardrobe, and an ample entry closet adds room for coats and more. A parking space and separate storage are included. Gateview offers a pool, sauna, gym, tennis courts, clubhouse and 24-hour security, and HOA dues cover cable TV, water, trash and exterior maintenance. Close to Solano Avenue, El Cerrito Plaza BART, the Bay Trail and I-80. Vacant and easy to show.
No exterior & parking available.
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.5 |
| Baths | 1.0 | 1.5 |
| Square foot | 745 | 960.5 |
| Lot Size | 318,666 | 219,317.667 |
| Price | $349.0K | $495.6K |
| Price per sq ft | $468 | $528 |
| Built year | 1977 | 1970 |
| HOA | $686.0 | $701 |
| Days on market | 16 | 125 |
Oct 8, 2026
$349,000
Initial Listing
Jul 20, 2021
$420,500
Public Record