🏠 Stealpad
/
Stealpad › Berkeley, CA › ZIP 94709 › 2700 Le Conte Ave #406
2700 Le Conte Ave #406 — 1 bd condo for sale in ZIP 94709, Berkeley
46Fair price

2700 Le Conte Ave #406

ZIP 94709, Berkeley, CA · 94709
$599,000 ~at market (+8%)
1 bd · 1 ba · 685 sqft · $874/sf
HOA $504/mo · 🏢 fee history ↓ · Floor 4 · 93 days on market · built 1973
⚖️ Adjusted valueFairly pricedasking is +8% over fair value
Model fair value · 2 sold comps · ±13%$568,293
vs model fair value · size · beds/baths · age · HOA · location+5%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built46Fair price
Value gap · asking vs model fair value, after condition & price history−9.6
HOA burden · $504/mo = 1.01%/yr of price vs a 1.33% norm — at or below normal, no charge0
Days on market · 93 days — it has sat, so you have leverage+3
Raw advantage · the three above, combined−6.6
Model confidence · weak — ±13% typical model error across 2 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score46/100

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

$4,521/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$3,318
Property tax (1.30% effective)$649
Insurance (estimate)$50
HOA dues$504
Total monthly$4,521
Rough cash to close$134,775

27% of that payment is not the mortgage. The HOA fee alone is $30,240 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,017.

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

✅ Fairly steady · +1.6%/yr

Reconstructed from 8 units of recorded sales at 2700 Le Conte Ave — every recorded sale carries its HOA fee and date. No listing site shows this.

$4662021$4962023$4962025$5042026
$504/mo · 2026
+8% since 2021

These dues have held relatively steady (about +1.6%/yr over 5 years across 8 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.

🏢 Get this building's full reserve & assessment report — free →
✅ Positives
  • On market 93 days → strong negotiating leverage
  • Upper floor (fl 4)
  • Garage parking
  • Low HOA (1%/yr)
⚠️ Cons
  • $/sf above the Berkeley norm ($874 vs $760)
🚩 Red flags
—

Photos

Price history (this unit)

Trough $159,000 Aug 17, 1998Now $599,000Peak $599,000 Jul 10, 2026
Current list price is 0% below its peak · +277% above its trough.
  • Jul 10, 2026 — Listed $599,000
  • Apr 10, 2024 — Rental Removed $2,400
  • Mar 15, 2024 — Rental Removed $2,400
  • Mar 13, 2024 — Listed for Rent $2,400
  • Mar 1, 2024 — Listed for Rent $2,400
  • Oct 22, 2023 — Rental Removed $2,300

Description

Nestled in a beautiful redwood grove, this updated corner unit sits just 2 blocks from UC Berkeley’s north side. Floor-to-ceiling windows fill the space with natural light while the surrounding trees wrap the home in greenery from every angle. The updated kitchen and bathroom feature quartz countertops and modern fixtures, giving the space a simple, elevated feel. The spacious living room opens onto a private balcony, a quiet spot to sip coffee, read, or simply sit amongst the trees. Dedicated parking space and storage are included in the gated parking garage. Close to BART, North Shattuck shops and eateries, this home offers the best of quiet, tree lined living with everything Berkeley has…

More steals in ZIP 94709

See all 7 condos in ZIP 94709 →