3 Commodore #158
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
35% of that payment is not the mortgage. The HOA fee alone is $61,320 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,752.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($27,950). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($1,022 in 2026), not enough for a trend yet. The listing shows $1,022/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- On market 51 days → some leverage
- Garage parking
⚠️ Cons
- HOA $1022/mo
- Ground floor
🚩 Red flags
- Very high HOA $1022/mo (full-service high-rise)
- Listed BELOW its 2021 sale ($680k) → value eroding
Photos
Price history (this unit)
- Aug 21, 2026 — Listed $559,000
- May 28, 2021 — Sold (MLS) $680,000
- Apr 22, 2021 — Listed $665,000
Description
Enjoy easy-access living in this desirable ground-floor residence in Emeryville's sought-after Watergate community. Offering a low-maintenance lifestyle without sacrificing comfort or convenience, this inviting home is ideal for those seeking more time to enjoy the things they love. The bright living room opens to a spacious private deck overlooking beautifully landscaped grounds with views toward the Bay and Oakland Bay Bridge. The seamless indoor-outdoor flow creates an inviting space for morning coffee, entertaining friends, or simply relaxing and enjoying the waterfront surroundings. Enjoy easy-access living in this desirable ground-floor residence in Emeryville's sought-after Watergate…