1 Embarcadero W #164
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
40% of that payment is not the mortgage. The HOA fee alone is $42,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $1,970.
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
✅ Fairly steady · +3.8%/yrReconstructed from 6 units of recorded sales at 1 Embarcadero W — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +3.8%/yr over 4 years across 6 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
- Cheapest of 13 tracked in Jack London
- On market 269 days → strong negotiating leverage
- Garage parking
⚠️ Cons
- Small (476 sf)
- HOA $700/mo
- Ground floor
🚩 Red flags
- Listed BELOW its 2016 sale ($315k) → value eroding
Photos
Price history (this unit)
- May 12, 2026 — Price Changed $290,000
- Jan 15, 2026 — Listed $300,000
- Apr 24, 2016 — Sold (MLS) $315,000
- Apr 22, 2016 — Sold (Public Records) $315,000
- Mar 10, 2016 — Price Changed $319,000
- Feb 26, 2016 — Listed $339,000
Description
This bright 1-bedroom, 1-bath condo features a thoughtfully designed open floor plan filled with natural light. Large windows and an open living area create an inviting, airy feel, while the private balcony extends the living space—perfect for morning coffee, evening unwinding, or enjoying the surrounding waterfront setting. The home also includes smart entry access and 1 secured parking space, offering both convenience and peace of mind. Located in one of Oakland’s most sought-after waterfront settings, this residence is just steps from scenic Bayfront trails, local cafés, and the vibrant atmosphere of Jack London Square. Ferry service, BART, Amtrak, and I-880 are all close by, providing…