2133 Santa Clara Ave #328
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
26% of that payment is not the mortgage. The HOA fee alone is $28,500 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,017.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($29,950). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
🚩 Rising fast · +6.9%/yrReconstructed from 8 units of recorded sales at 2133 Santa Clara Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 40% in 5 years — about +6.9%/yr across 8 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- On market 46 days → some leverage
- Upper floor (fl 3)
- In-unit W/D
- Garage parking
⚠️ Cons
- Photos look dim — verify light in person
🚩 Red flags
- FLIP: bought $445k 2026, relisted +35%
Photos
Price history (this unit)
- Aug 26, 2026 — Listed $599,000
- Aug 12, 2026 — Coming Soon $599,000
- Feb 2, 2026 — Sold (Public Records) $445,000
- Aug 27, 2003 — Sold (MLS) $314,000
- Aug 27, 2003 — Sold (Public Records) $314,000
- May 2, 2003 — Listed $314,000
Description
Welcome to one of the most desirable communities in Alameda's Park Street District! This beautifully updated 2-bedroom. 2-bath condominium is located on the third floor with no upstairs neighbors and offers comfortable, move-in ready living. The spacious living room features a cozy wood-burning fireplace, with luxury vinyl plank flooring, fresh interior paint, recessed lighting, and dual-pane windows enhance the home's modern appeal. The updated kitchen includes new Quartz countertops and cabinets. New and newer stainless appliances. Additional features in-unit full size laundry gated assigned parking, ample guest parking and a private storage unit. Community amenities include an elevator…