812 Washington Ave, Albany, California 94706, Albany, 94706 - 4 bed, 3 bath
812 Washington Ave
Albany, California 94706
Property Price
SUMMARY
Analysis of 812 Washington Ave, Albany, California 94706 reveals a Prime Investment Opportunity with a current list price of $1,088,000—significantly undercutting the $1,166,925 Fair Market Value by 6%. This valuation gap indicates a +$78,925 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Albany Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 812 Washington Ave Subject | $1,088,000* List Price | 4 | 3 | 1,884 | $619 | - |
A 606 606 Masonic Ave Active | $979,000 List Price | 3 | 3 | 1,416 | $691 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained. Despite its 1926 build date, the home features a modernized kitchen with stainless steel appliances and stone countertops, updated bathrooms with contemporary tiling, and refinished hardwood floors. The interior shows minimal wear and tear, and the flexible lower-level living space with kitchenette hookups indicates recent functional updates.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Iconic Bay Views
The property offers breathtaking panoramic views of the Bay Bridge and San Francisco skyline, a premium feature that significantly enhances the home's aesthetic appeal and market value.
- ADU and Rental Potential
The lower level features a private entrance, two bedrooms, and kitchenette hookups, providing excellent versatility for an in-law suite, guest quarters, or a high-demand rental unit.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Lot Size
The 3,000-square-foot lot is relatively compact for a four-bedroom residence, which may limit outdoor recreational space or large-scale gardening for some buyers.
- Vintage Infrastructure
Originally built in 1926, the property may require more frequent maintenance or updates to its older systems compared to modern constructions to ensure long-term efficiency.
About 812 Washington Ave
Wake up to iconic Bay Bridge and San Francisco skyline views at 812 Washington Ave, a charming Albany Hill home that blends timeless character with flexible living space. The main level showcases hardwood floors, a cozy wood-burning fireplace, and a bright, welcoming living area perfect for everyday comfort and entertaining. A sun-filled enclosed porch captures sweeping panoramic scenery and sparkling city lights, while the well-designed kitchen offers functionality for home chefs. The lower level features a private entrance, two bedrooms, a full bath, and kitchenette hookups—ideal for an in-law suite, guest space, or future ADU potential. Enjoy outdoor relaxation on the private deck and yard with room for gatherings or gardening, plus convenient off-street parking. Located near Solano Avenue, Ranch 99, UC Berkeley, BART, freeway access, parks, and Albany’s top-rated schools, this multi-level home delivers exceptional views, versatility, and an unbeatable East Bay location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 3,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Albany Unified Schools
Albany Middle School
Grades 6-8 • 0.8 mi
Albany High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,884 | 1,371.5 | 79% |
| Lot Size | 3,000 | 3,800 | 32% |
| Price | $1.09M | $1.38M | 32% |
| Price per sq ft | $577 | $1.0K | 5% |
| Built year | 1926 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 157 | 13% |
Pricing History
Listed for Sale
Jan 21, 2026
$1,088,000
Initial Listing
Sold
Apr 29, 2022
$1,300,000
Public Record