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$1,300,000 Just Listed
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Property 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).
Full Property Details
Full Property Details for 902 Carmel Ave
General
- Price: $1,300,000
- Status: Active
- Type: Commercial
- Source: MAX
- MLS ID: 41151148
- Updated: Today (10/14/2026)
- Added to Site: Today
Parking
- Parking Features: On Street
Location
- Area: Listing
- County: Alameda
- Subdivision: Albany
- Driving Directions: Solano to Carmel.
Structural Information
- Exterior Const.: Stucco
- Roof: Other
- Year Built: 1923
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 3484.8
- Lot Features: Other
Financial Considerations
- Price Per Sq. Ft.: $622
- Terms: Other
Disclosures and Reports
- Property ID: 6526474
Listed by Red Oak Realty, Thomas Garabedian Cone and Sexton Group Real Estate, Ernie Sexton
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Schools
Schools serving 902 Carmel Ave
School District:Albany City Unified School District
| Name | Grades | Distance |
|---|---|---|
Marin Elementary School 1001 Santa Fe Avenue, Albany, CA 94706 | K-5 | 0.2 mi |
Cornell Elementary School 920 Talbot Avenue, Albany, CA 94706 | K-5 | 0.3 mi |
Ocean View Elementary School 1000 Jackson Street, Albany, CA 94706 | K-5 | 0.7 mi |
Albany Middle School 1259 Brighton Avenue, Albany, CA 94706 | 6-8 | 0.6 mi |
Albany High School 603 Key Route Boulevard, Albany, CA 94706 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 902 Carmel Ave
Date
Details
Price
Change
Source
10/14/2026
Listed
$1,300,000
16.91%
MLS
5/30/2024
Sold
$1,112,000
—
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 902 Carmel Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,042
—
$1,156,924
2%
2025
$19,042
57%
$1,134,240
81%
2024
$12,105
7%
$625,281
2%
2023
$11,344
3%
$613,022
2%
2022
$11,005
2%
$601,004
2%
2021
$10,842
1%
$589,221
1%
2020
$10,694
2%
$583,181
2%
2019
$10,454
3%
$571,748
2%
2018
$10,185
3%
$560,539
2%
2017
$9,930
5%
$549,550
2%
2016
$9,428
21%
$538,776
19%
2015
$7,798
1%
$452,802
2%
2014
$7,728
-5%
$443,934
—
2013
$8,159
—
$441,930
—
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 902 Carmel Ave
902 Carmel Ave, Albany, CA 94706 (MLS# 41151148) is a Commercial property. 902 Carmel Ave is currently listed for $1,300,000 and was received on October 14, 2026. Want to learn more about 902 Carmel Ave? Do you have questions about finding other Commercial real estate for sale in Albany? You can browse all Albany real estate or contact a Coldwell Banker agent to request more information.

