555 Pierce St 422, Albany, California 94706, Albany, 94706 - 1 bed, 1 bath
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Albany, California 94706
This 1-bedroom condominium represents a Strong Value Opportunity, listed at $380,000—positioned well below the $368,458 Fair Market Value by -3%. While the unit maintains a Condition Rating of 4, its vintage 1977 aesthetic offers a clear path for modernization to drive future appreciation. Residents enjoy expansive panoramic Bay views, a private balcony, and resort-style amenities including a pool and fitness center. 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 well-connected East Bay lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 555 Pierce St 422 Subject | $380,000* List Price | 1 | 1 | 745 | $495 | - |
A 555 Pierce St 1424 Active | $382,500 List Price | 1 | 1 | 745 | $513 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this unit is well-maintained and move-in ready but remains dated. The kitchen features original 1970s-style cabinetry and fluorescent light boxes. While some appliances and countertops have been updated, the overall aesthetic is over 20 years old and requires modernization.
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
The unit offers expansive views of the Bay and bridges from the 4th floor, featuring a private balcony and abundant natural light that enhances the living space.
Situated in the highly-coveted Albany School District, the property provides access to premier public schools, which is a major driver for property value and demand.
The monthly association fee of $686 is relatively high for a one-bedroom condo, which could impact the monthly budget and overall affordability for potential buyers.
Built in 1977, the building and unit may require more frequent maintenance or updates compared to newer constructions to meet modern aesthetic and efficiency standards.
Enjoy expansive Bay and bridge views from this well-maintained 1-bedroom, 1-bath condo on the 4th floor in a sought-after Albany location, known for its highly regarded school district. The bright, open layout is move-in ready and offers comfortable everyday living with plenty of natural light. Step onto your private balcony to take in sunsets, water views, and the surrounding skyline. Community amenities include a pool, sauna, fitness center, tennis courts, 24-hour security, and one deeded parking space. Conveniently located near Ranch 99, Albany Bulb, Solano Avenue shops and dining, with easy access to BART, AC Transit, and major freeways for an easy commute into San Francisco and surrounding Bay Area cities. A great opportunity to enjoy comfort, convenience, and a well-connected East Bay location.
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 | 17% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 745 | 1,141.5 | 17% |
| Lot Size | 318,666 | 161,833 | 50% |
| Price | $380.0K | $605.0K | 17% |
| Price per sq ft | $510 | $517 | 33% |
| Built year | 1977 | 1986 | 33% |
| HOA | $686.0 | $688 | 50% |
| Days on market | 15 | 128 | 17% |
May 22, 2026
$380,000
Initial Listing