460 Cola Ballena Unit D
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
25% of that payment is not the mortgage. The HOA fee alone is $40,140 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,639.
FHA approval has expired on this project. An FHA buyer cannot use it today, and the fact that it once qualified and then stopped is worth asking the board about. Plan on a conventional loan — 5% down at the very least.
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
2 recorded pointsReconstructed from 1 unit of recorded sales at 460 Cola Ballena — 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
- In-unit W/D
- Garage parking
- Low HOA (0.8%/yr)
- HOA steady in this building (~3%/yr over 2yr)
⚠️ Cons
- HOA $669/mo
- Older building (1971)
🚩 Red flags
- Listed BELOW its 2024 sale ($1230k) → value eroding
Photos
Price history (this unit)
- Apr 2, 2024 — Sold (MLS) $1,230,000
- Apr 2, 2024 — Sold (Public Records) $1,230,000
- Feb 29, 2024 — Listed $1,025,000
- Dec 2, 2019 — Sold (Public Records) $950,000
- Nov 27, 2019 — Sold (MLS) $950,000
- Nov 27, 2019 — Sold (MLS) $950,000
Description
Wake up to the water in this light-filled, three-bedroom, two-and-a-half-bath corner residence overlooking the marina, San Francisco Bay, and the Peninsula. Designed by award-winning architects Fisher-Friedman and featured in Sunset in 1972, the home pairs striking architecture with easy bayside living. The airy living room features soaring ceilings, gleaming floors, and a gas fireplace, with an adjoining dining room. The kitchen offers an eat-in nook, quartz countertops and access to a view deck. Upstairs, the private primary suite includes a walk in closet, incredible views and a bonus loft ideal for a home office or retreat. Two additional bedrooms and one remodeled bathroom on the lower…