555 Pierce St 1001, Albany, California 94706, Albany, 94706 - 2 bed, 2 bath
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555 Pierce St 1001
Albany, California 94706
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,040Sq Ft
318,666Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$480,372
3% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $499,000—positioned well below the $480,372 Fair Market Value by -3%. While the list price is slightly above market, the property offers a Good Condition Rating and a premium lifestyle in the Albany High School District (9/10). Featuring Panoramic Bay Views and resort-style amenities like a pool and tennis courts, this unit provides immediate comfort. It is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers prioritizing top-tier schools and transit access.
Estimated Market Value
$480,372
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 1001 Subject 2 bd · 2 ba · 1,040 sqft · $462 | $499,000* List Price | 2 | 2 | 1,040 | $462 | - |
A 555 Pierce St 735 Sold 2 bd · 2 ba · 1,113 sqft · $427 · 0.0 mi | $475,000 | 2 | 2 | 1,113 | $427 | 0.0 mi |
B 535 Pierce St 3216 Sold 2 bd · 2 ba · 1,170 sqft · $479 · 0.2 mi | $560,000 | 2 | 2 | 1,170 | $479 | 0.2 mi |
C 545 Pierce St 2313 Active 2 bd · 2 ba · 1,234 sqft · $518 · 0.1 mi | $639,000 List Price | 2 | 2 | 1,234 | $518 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1977, the unit is well-maintained and move-in ready. The kitchen features updated solid-surface countertops and clean cabinetry, though the white appliances and gold-trimmed bathroom fixtures suggest the renovation occurred within the 5-15 year range rather than being brand new. The all-electric systems and overall cleanliness support a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Panoramic Bay Views
Situated on the 10th floor with west-southwest exposure, this unit offers breathtaking, unobstructed views of the San Francisco Bay, spanning from Marin to Oakland and including the Bay Bridge.
- Modern Remodeled Interior
The condo features a unique and high-end remodel throughout its 2-bedroom, 2-bathroom layout, providing a contemporary, move-in-ready aesthetic that distinguishes it from standard units.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
- High Monthly HOA Dues
At $980 per month, the association fees are significant and may impact the overall affordability and monthly carrying costs for budget-conscious buyers.
- All-Electric Building Constraints
Being an all-electric building constructed in 1977, the property lacks gas for cooking and may have higher utility expenses depending on the efficiency of the older heating infrastructure.
About 555 Pierce St 1001
Welcome home to this beautifully remodeled 2-bedroom, 2-bath condo on the 10th floor, with a one-of-a-kind updated design. West-South west facing windows frame views of the San Francisco Bay from Marin to Oakland. The building offers resort-style amenities, including a swimming pool, sauna, fitness center, and tennis courts, plus 24-hour security for peace of mind. One assigned parking space is included. HOA Dues includes water, garbage, parking, and cable TV/internet. This is an all Electric Building The location is hard to beat. You're minutes from 99 Ranch Market, the Solano Avenue shops and restaurants, Pierce Street Park, and the open shoreline of the Albany Bulb, with easy access to public transportation.
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 | 1.5 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,040 | 960.5 |
| Lot Size | 318,666 | 219,317.667 |
| Price | $499.0K | $495.6K |
| Price per sq ft | $480 | $528 |
| Built year | 1977 | 1970 |
| HOA | $980.0 | $701 |
| Days on market | 20 | 125 |
Pricing History
Listed for Sale
Oct 4, 2026
$499,000
Initial Listing
Sold
Jul 7, 2005
$453,000
Public Record
Sold
Dec 31, 2001
$245,000
Public Record