555 Pierce St 1320, Albany, California 94706, Albany, 94706 - 1 bed, 2 bath
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Albany, California 94706
This property represents a Strong Value Opportunity with a List Price of $290,000—positioned well below the $311,000 Fair Market Value by 6%. This valuation gap offers $21,000 in Instant Equity for buyers prepared to address a Condition Rating of 5. While the unit requires significant rehabilitation, it features resort-style amenities including a pool, gym, and tennis courts. Located in a top-rated school district with 9/10 ratings, this asset is a high-upside project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Pierce St 1320 Subject | $290,000* List Price | 1 | 2 | 1,040 | $299 | - |
A 555 Pierce St 520 Active | $360,000 List Price | 1 | 2 | 1,040 | $346 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977, this property is in largely original condition and shows significant signs of deferred maintenance and deterioration. The kitchen is in disrepair with damaged or missing cabinet doors and outdated appliances. The bathrooms feature heavily chipped and peeling paint on the vanities, dated gold-trimmed shower enclosures, and unhygienic carpeting in the vanity area. With popcorn ceilings, worn carpeting, and a listing description explicitly stating a need for renovation, the unit requires substantial rehabilitation to be move-in ready.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
The Gateview Community offers an extensive suite of amenities including a pool, sauna, jacuzzi, tennis courts, a well-equipped gym, and 24-hour security, providing a high-end lifestyle experience.
The property boasts breathtaking views that serve as a major highlight, significantly enhancing the aesthetic appeal and marketability of the unit.
The association fee of $980 per month is substantial, which may deter budget-conscious buyers and impact the overall monthly affordability of the property.
The listing suggests the unit needs significant updates to reach its full potential, implying that the buyer will need to invest additional capital into modernizing the space.
Discover a rare opportunity to own this 1-bedroom, 2-bathroom condo with a possible 2nd bedroom or Den in Albany’s desirable Gateview Community. Breathtaking views with Pool, sauna, and jacuzzi for year-round relaxation Tennis court and a well-equipped gym 24-hour security. Some photos have been virtually staged. Don't be SHY...Make this Condo GREAT AGAIN!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,040 | 1,113 | 25% |
| Lot Size | 318,666 | 318,666 | 50% |
| Price | $290.0K | $552.5K | 13% |
| Price per sq ft | $279 | $511 | 13% |
| Built year | 1977 | 1982 | 50% |
| HOA | $980.0 | $689 | 75% |
| Days on market | 13 | 138 | 13% |
Apr 9, 2026
$290,000
Initial Listing