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Stealpad › Berkeley, CA › ZIP 94704 › 2632 Hillegass Ave Unit D
2632 Hillegass Ave Unit D — 1 bd condo for sale in Elmwood, Berkeley
66Good value

2632 Hillegass Ave Unit D

Elmwood, Berkeley, CA · 94704
$729,000 20% below mkt
1 bd · 1 ba · 1,283 sqft · $568/sf
No HOA listed · 17 days on market · built 1923
💎 Hidden gem
⚖️ Adjusted valueUndervaluedasking is 20% under fair value
Model fair value · 12 sold comps within ½ mi · ±17%$906,432
vs model fair value · size · beds/baths · age · HOA · location−20%
Condition · Avg / verify in person0
Price history · limited sale history0
📐 How this Deal Score was built66Good value
Value gap · asking vs model fair value, after condition & price history+24
HOA burden · no HOA published — estimated at 1.13%/yr so missing data isn't a free pass0
Days on market · 17 days — not long enough to give you leverage0
Raw advantage · the three above, combined+24
Model confidence · weak — ±17% typical model error, 12 sold comps within half a mile. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score66/100

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

$4,791/mo all-in
20% down at 7.18% (this week's 30-year average) · mortgage + tax + insurance
Mortgage principal & interest$3,951
Property tax (1.30% effective)$790
Insurance (estimate)$50
Total monthly$4,791
Rough cash to close$164,025
Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($36,450). 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 2026-11-05 — 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

We haven't reconstructed a multi-year fee history for this building yet. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.

🏢 Get this building's free HOA report →
✅ Positives
  • 20% below model fair value
⚠️ Cons
  • Older building (1923)
🚩 Red flags
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Photos

Price history (this unit)

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Description

Brimming with charm, character, and natural light, this spacious 1++ bedroom, 1 bathroom condo boasts over 1,280 square feet* of versatile living space in one of Berkeley's most desirable neighborhoods. Privately situated on the top floor and overlooking a peaceful courtyard, this special home offers a serene retreat in the heart of it all. Beautifully preserved original details, soaring ceilings, a charming fireplace, and a delightful vintage phone nook lend timeless character, while an abundance of windows fills the home with natural light. The flexible floor plan offers endless possibilities, with a formal dining room that can easily serve as a second bedroom and an additional bonus…

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