$1,300,000
 $6,979 est/mo Sourced by Back At You

902 Carmel Ave,Albany, CA 94706

Albany, CA 94706

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Description

902 Carmel is a lovely split-level McGregor house built in 1924. The property was originally constructed as a 5-bedroom dwelling. It was later converted from residential to commercial use as Mountain Travel, a travel agency that also had the adjoining property, which faces Solano Ave. Its most recent commercial use was as 8 separate therapy offices. It has a full bathroom on the second floor and a half bathroom on the ground floor. The current owners have recently made the following updates and improvements to the property: New roof, 2025 Refinished and installed hardwood floors, 2025 Upgraded wifi (Sonic) for commercial use, 2026 New main electrical panel, 2026 Remodeled full bathroom, 2026 The property has an office kitchenette, but the full kitchen was removed during the conversion to commercial. The owners have approval from Albany's planning department to reinstall a full kitchen, add a bathroom, and convert the property from commercial to residential use. Completing this process to receive the building permit will involve installing sprinklers in the ceilings and taking out the driveway curb cut (as the garage had been converted to an office). The owners opted to retain the property's commercial character. The property is available for sale ($1.3M) or for lease (triple net, $8k/month). Conventional residential financing would not work for this transaction. Commercial, cash, or hard money only.

Details

MLS #41151863
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1923
Days On Site13
Listing Provided ByRed Oak Realty | Thomas Garabedian Cone

Features

SQ Feet2,091
Acreage0.08

Interior

CoolingCentral Air
Heating Yes / NoYes
Cooling Yes / NoYes
Fireplace Yes / NoYes

Exterior

Lot FeaturesStreet Level

Parking

Attached Garage Yes / NoNo
Parking FeaturesOther
Garage Yes / NoNo

Area Information

StateCA
CountyAlameda
CityAlbany
Zip Code94706
Community NameALBANY
Listing VS Median (in ALBANY)
Price:
$1,300,000
low | high
Med:
$715,000
95% of Average
sqft:
2,091
low | high
Med:
918
100% of Average
$ / sqft:
$622
low | high
Med:
$779
24.722222222222% of Average
On site:
13
low | high
Med:
20
65% of Average
Sourced by Back At You

Market Activity 94706

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Learn More About This Property

StateCA
CountyAlameda
CityAlbany
Zip Code94706
Community NameALBANY
Listing VS Median (in ALBANY)
Price:
$1,300,000
low | high
Med:
$715,000
95% of Average
sqft:
2,091
low | high
Med:
918
100% of Average
$ / sqft:
$622
low | high
Med:
$779
24.722222222222% of Average
On site:
13
low | high
Med:
20
65% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $975K - $1.625M
sqft: 1,500 - 2,500
Nearby Listings Property ImageNearby Listings Details
973 Curtis St Property Photo 1
$1,295,000
973 Curtis St
Albany, CA 94706
Listing Updated: October 25, 2026 at 9:26:12 AM PDT