935 Key Route Blvd, Albany, California 94706, Albany, 94706 - 2 bed, 1 bath
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935 Key Route Blvd
Albany, California 94706
PENDING
CONDITION: GOOD
2Beds
1Baths
1,056Sq Ft
4,750Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$1,008,179
15% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $849,000—positioned well below the $1,008,180 Fair Market Value by 15%. This valuation gap provides $159,180 in Instant Equity. With a Good Condition Rating and a 4,750 sqft lot featuring ADU potential and a private patio, the property offers significant upside. Located in the top-tier Albany Unified School District (9/10 rated schools), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,008,179+$159,179 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 935 Key Route Blvd Subject 2 bd · 1 ba · 1,056 sqft · $955 | $849,000* List Price | 2 | 1 | 1,056 | $955 | - |
A 804 Madison St Sold 2 bd · 1 ba · 1,058 sqft · $898 · 0.5 mi | $950,000 | 2 | 1 | 1,058 | $898 | 0.5 mi |
B 542 Adams St Pending 2 bd · 2 ba · 1,081 sqft · $832 · 0.7 mi | $899,000 List Price | 2 | 2 | 1,081 | $832 | 0.7 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 1941, the property is described as recently updated and appears move-in ready. Interior images show refinished hardwood floors, fresh paint, and modern light fixtures. While some systems like the wall heater in the bonus room show age, the overall maintenance and functional status align with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
- Prime Walkable Location
Situated less than a block from Solano Avenue, the property offers unparalleled access to Albany's premier shopping, dining, and local amenities, boasting a high walkability factor.
- ADU & Expansion Potential
The level 4,750 sqft lot includes a detached garage with pre-installed water, sewer, electrical, and gas lines, providing a significant head start for a potential Accessory Dwelling Unit.
CONSRISKS & DEFICIENCIES
- Single Bathroom Configuration
The residence features only one bathroom, which may be a significant limitation for families or buyers seeking modern convenience and privacy.
- Compact Living Footprint
At 1,056 square feet, the interior living space is relatively modest for the price point, potentially requiring immediate utilization of the expansion potential to meet long-term needs.
About 935 Key Route Blvd
Welcome home! This recently updated, single-story 2 bedroom, 1 bath home is ideally located less than a block from Solano Avenue and is ready for its next owner. Offering 1,056 square feet of living space, the home also features an attached bonus space, a detached garage with carport, and a long driveway for additional parking. Behind the garage is an additional space already set up with water, sewer, electrical, and gas, offering exciting potential for a future ADU (buyer to verify with City of Albany). Set on a level 4,750 square foot lot with room to expand, this property offers flexibility, opportunity to expand, and an unbeatable location. Come explore the possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 4,750 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Albany Unified Schools
Thousand Oaks Elementary School
Grades K-5 • 0.7 mi
5/10
Jefferson Elementary School
Grades K-5 • 0.8 mi
7/10
Albany Middle School
Grades 6-8 • 0.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 1.0 | 1.9 |
| Square foot | 1,056 | 1,432.375 |
| Lot Size | 4,750 | 4,018.5 |
| Price | $849.0K | $1.44M |
| Price per sq ft | $804 | $950 |
| Built year | 1941 | 1933 |
| HOA | $0 | $0 |
| Days on market | 17 | 39 |
Pricing History
Listed for Sale
Oct 7, 2026
$849,000
Initial Listing