555 Pierce St 937, Albany, California 94706, Albany, 94706 - 2 bed, 2 bath
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555 Pierce St 937
Albany, California 94706
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,113Sq Ft
318,666Lot Size
Property Price
LIST PRICE$450,000
EST. MARKET VALUE
$457,183
SUMMARY
This Condominium represents a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $457,184 Fair Market Value by 1.57%. This valuation gap offers $7,184 in Instant Equity. Featuring Elevated Bay Views and access to a swimming pool, tennis courts, and fitness center, the unit maintains a Fair Condition Rating (4/10). Located in the top-rated Albany School District, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add residence.
Estimated Market Value
$457,183
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 |
|---|---|---|---|---|---|---|
★ 555 Pierce St 937 Subject | $450,000* List Price | 2 | 2 | 1,113 | $411 | - |
A 555 Pierce St 735 Sold | $475,000 | 2 | 2 | 1,113 | $427 | 0.0 mi |
B 535 Pierce St 3216 Sold | $560,000 | 2 | 2 | 1,170 | $479 | 0.2 mi |
C 535 Pierce St 3301 Pending | $548,000 List Price | 2 | 2 | 1,170 | $468 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the property is dated and shows signs of aging beyond the 20-year mark. While the kitchen has received a partial update with stone countertops, the oak cabinetry, white appliances, and bathroom fixtures are significantly outdated (15-30 year old style) and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Elevated Bay Views
Situated on the 9th floor, this residence offers expansive, open views of the Bay from the living room and both bedrooms, providing significant aesthetic value and abundant natural light.
- Comprehensive Community Amenities
Residents have access to a robust suite of amenities including a swimming pool, tennis courts, fitness center, sauna, Jacuzzi, and clubhouse, offering a resort-like lifestyle within a secure complex.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee is $980 per month, which is a substantial recurring expense that may impact buyer affordability and the overall return on investment.
- Dated Infrastructure and Potential for Updates
Built in 1977 and utilizing AI-staged photos for marketing, the unit may require cosmetic modernizations or appliance upgrades to align with contemporary luxury standards.
About 555 Pierce St 937
virtually staged with AI to demonstrate furniture layout possibilities. Elevated Bay Views in a Desirable 9th-Floor Residence This inviting two-bedroom, two-bathroom condo is located on the 9th floor and offers beautiful, open Bay views. The living room and both bedrooms enjoy views of the Bay, while large windows bring in plenty of natural light and create a bright, comfortable living space. The home offers a practical and comfortable layout with good privacy and a wonderful sense of openness. It is a great choice for everyday living or as a Bay Area investment property. Residents enjoy a well-maintained community with a range of amenities, including a swimming pool, tennis courts, fitness center, sauna, Jacuzzi, and clubhouse, along with secure access and convenient parking. The location is convenient to shopping, restaurants, Costco, Pacific East Mall, and public transportation, with easy access to Berkeley, Oakland, and San Francisco.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 318,666 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $980.0 / Month
Neighborhood Insights
Albany Unified Schools
Albany Middle School
Grades 6-8 • 0.7 mi
9/10
Albany High School
Grades 9-12 • 0.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 2.0 | 1.7 |
| Square foot | 1,113 | 1,009.333 |
| Lot Size | 318,666 | 325,709 |
| Price | $450.0K | $561.2K |
| Price per sq ft | $404 | $510 |
| Built year | 1977 | 1981 |
| HOA | $980.0 | $785 |
| Days on market | 16 | 90 |
Pricing History
Listed for Sale
Aug 24, 2026
$450,000
Initial Listing
Sold
Mar 15, 2013
$330,000
Public Record