2426 Lincoln Ave Unit J
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
32% of that payment is not the mortgage. The HOA fee alone is $38,220 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,153.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($24,950). 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 2026-08-20 — 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
3 recorded pointsReconstructed from 4 units of recorded sales at 2426 Lincoln Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- 12% below model fair value
- Garage parking
⚠️ Cons
- HOA $637/mo
- Photos look dim — verify light in person
🚩 Red flags
- Listed BELOW its 2022 sale ($648k) → value eroding
Photos
Price history (this unit)
- Aug 14, 2026 — Listed $499,000
- May 11, 2022 — Sold (MLS) $648,000
- May 11, 2022 — Sold (Public Records) $648,000
- Oct 29, 2021 — Price Changed $649,999
- Oct 28, 2021 — Listed $598,000
- Oct 10, 2007 — Sold (MLS) $370,000
Description
Two private garages with automatic openers convey with this home — genuinely uncommon on Alameda's East End, and useful for far more than parking. Workshop, gym, studio, or room for everything that never fits in a condo. Unit J lives like a townhouse, not a flat. Two levels, its own entry, and no one above or below you — the two things people most wish they could change about condo living, already solved. It sits in a gated garden complex of just ten homes. The main level opens into a light-filled living and dining space with vinyl plank flooring, recessed lighting, and shutters. An updated kitchen with ample cabinetry anchors one end, and a half bath keeps guests off the stairs.