555 Pierce St 1033, Albany, California 94706, Albany, 94706 - 2 bed, 2 bath
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555 Pierce St 1033
Albany, California 94706
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,113Sq Ft
318,666Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$475,527
4% AboveMARKET VALUE
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $499,000—positioned well below the $475,528 Fair Market Value by -4%. While the property carries a Condition Rating of 4, it offers significant upside through cosmetic modernization. Residents enjoy Panoramic Bay Views, resort-style amenities including a swimming pool and tennis courts, and access to Top-Rated Schools (Albany Middle and High, both 9/10). This property balances lifestyle benefits with long-term potential, making it an ideal acquisition for Owner-Occupants seeking a prime location or Buy-and-Hold Investors.
Estimated Market Value
$475,527
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 1033 Subject 2 bd · 2 ba · 1,113 sqft · $427 | $499,000* List Price | 2 | 2 | 1,113 | $427 | - |
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 535 Pierce St 3301 Pending 2 bd · 2 ba · 1,170 sqft · $468 · 0.2 mi | $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 over 45 years old and shows significant signs of age. While the living area has updated laminate flooring, the bedrooms feature worn and stained carpeting. The bathroom vanity has been replaced but remains in a dated style, and the presence of popcorn ceilings throughout indicates a lack of recent comprehensive renovation. The unit is functional but requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Scenic Bay Views
Situated on the 10th floor with west-facing windows, the unit offers stunning, unobstructed views of the San Francisco Bay.
- Resort-Style Amenities
The building provides an extensive amenity package including a swimming pool, sauna, fitness center, tennis courts, and 24-hour security for peace of mind.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $980 is significant and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Dated Building Infrastructure
Constructed in 1977, this all-electric building may require future capital improvements or modernization to meet contemporary energy efficiency standards.
About 555 Pierce St 1033
Welcome home to this beautiful 2-bedroom, 2-bath condo on the 10th floor, West-facing windows frame views of the San Francisco Bay 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 include 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 | 1,113 | 960.5 |
| Lot Size | 318,666 | 219,317.667 |
| Price | $499.0K | $495.6K |
| Price per sq ft | $448 | $528 |
| Built year | 1977 | 1970 |
| HOA | $980.0 | $701 |
| Days on market | 23 | 125 |
Pricing History
Listed for Sale
Oct 1, 2026
$499,000
Initial Listing
Sold
Aug 4, 2004
$367,000
Public Record