1 W Embarcadero #354
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
38% of that payment is not the mortgage. The HOA fee alone is $37,500 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,030.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($14,950). 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
2 recorded pointsReconstructed from 2 units of recorded sales at 1 W Embarcadero — 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
- 96% below its 1988 peak
- On market 107 days → strong negotiating leverage
- Upper floor (fl 3)
- Garage parking
⚠️ Cons
- Small (476 sf)
- HOA $625/mo
- Photos look dim — verify light in person
🚩 Red flags
Photos
Price history (this unit)
- Jun 28, 2026 — Listed $335,000
- Jul 1, 2013 — Sold (MLS) $94,000
- Jan 24, 2013 — Listed $94,000
- Sep 30, 2005 — Sold (Public Records) $150,000
- Jun 28, 1990 — Sold (Public Records) $75,500
- Dec 21, 1988 — Sold (Public Records) $8,476,000
Description
Stunning Bay Views! Investors wanted for this original condition condominium unit which is tenant occupied. Renovate and move-in or keep as an investment. Beautifully located waterfront property with all the amenities of the Bay Trail, swimming pool, hot tub, sauna, tennis courts and gym. On site concierge available weekdays during normal business hours. Shared laundry facility on each floor. Gated parking with plenty of guest parking. Close to public transportation, Jack London Square, nightlife, transportation, BART, SF commute at affordable price