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$2,100,000 -$380,000 (-15.32%) Price Reduced
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Property Description
A huge price reduction! Prime 40-Unit Development Opportunity in the Heart of Albany's Business District. This is a rare and highly desirable opportunity to develop a 40-unit residential project in the vibrant San Pablo Avenue corridor, Albany's premier commercial district. The property is ideally positioned near a dynamic mix of national retailers, thriving small businesses, and high-traffic corporate tenants. Proposed plans call for a six-story, 40-unit. 50% 1BR/1BA, 50% 2BR/1BA with 2BR/2BA units. SPC zoning district, which has no maximum residential density limit. Unbeatable Location. Just a 5-minute walk to Sprouts Farmers Market, and a 4-minute walk to El Cerrito Plaza, El Cerrito Plaza BART Station. Minutes to Ranch 99 Market. Solano Ave's bustling commercial strip and the merging Gilman District. Easy access to 1-80 and I-580. Short drive to Berkeley, Emeryville, Oakland, and San Francisco. This is a unique chance to invest in one of the East Bay's most sought-after neighborhoods. A top-ranked public school system. Offering long-term growth potential in a transit-rich, community-oriented location.
Full Property Details
Full Property Details for 545 San Pablo Ave
General
- Price: $2,100,000
- Status: Active
- Type: Commercial Investment
- Source: MAX
- MLS ID: 41107194
- Updated: 2/9/2026
- Added to Site: 190 day(s) ago
Location
- Area: Listing
- County: Alameda
- Subdivision: Albany
- Driving Directions: San Pablo Ave Business District
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water/Sewer Meter Available, Water/Sewer Meter on Site, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone, Water Connected, Internet Available
Lot Features
- Property View: City Lights, Downtown, Hills
- Lot Size (Acres): 0.2
- Lot Dimensions: 8750
- Lot Features: Premium Lot, Area Lighting, Land Locked, Paved, Near Public Transit, Street Light(s)
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $240
Disclosures and Reports
- Property ID: 67282602302
Listed by Better Homes and Gardens RP, Anna Li
Get Pre-Approved Today
Schools
Schools serving 545 San Pablo Ave
School District:Albany City Unified School District
| Name | Grades | Distance |
|---|---|---|
Albany Middle School 1259 Brighton Avenue, Albany, CA 94706 | 6-8 | 0.4 mi |
Albany High School 603 Key Route Boulevard, Albany, CA 94706 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 545 San Pablo Ave
Date
Details
Price
Change
Source
2/09/2026
Price Reduced
$2,100,000
-15.32%
MLS
8/05/2025
Listed
$2,480,000
79.71%
MLS
4/30/2020
Sold
$1,380,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 545 San Pablo Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,007
1%
$1,509,209
2%
2024
$26,684
2%
$1,479,622
2%
2023
$26,183
5%
$1,450,614
2%
2022
$25,013
2%
$1,422,172
2%
2021
$24,625
187%
$1,394,296
471%
2020
$8,566
3%
$244,131
2%
2019
$8,292
3%
$239,345
2%
2018
$8,073
4%
$234,653
2%
2017
$7,799
5%
$230,052
2%
2016
$7,458
4%
$225,542
2%
2015
$7,181
—
$222,156
2%
2014
$7,150
-1%
$217,804
—
2013
$7,235
—
$216,820
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 545 San Pablo Ave
545 San Pablo Ave, Albany, CA 94706 (MLS# 41107194) is a Commercial Investment property. 545 San Pablo Ave is currently listed for $2,100,000 and was received on August 05, 2025. Want to learn more about 545 San Pablo Ave? Do you have questions about finding other Commercial Investment real estate for sale in Albany? You can browse all Albany real estate or contact a Coldwell Banker agent to request more information.

