1425 Lakeside Dr #201
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 $49,740 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,063.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($22,750). 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 4 units of recorded sales at 1425 Lakeside Dr — 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
- Best $/sf of 9 tracked in Lake Merritt
- 16% below model fair value
- Garage parking
⚠️ Cons
- HOA $829/mo
- Older building (1959)
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
- Sep 2, 2026 — Listed $455,000
Description
Wake up to spectacular water and mountain views every morning in this 2-bedroom, 1-bathroom condominium. Perfectly positioned in a premier Lake Merritt Oakland security building, this home offers the unique luxury of dual balcony access—step outside from both the living room and the primary bedroom to beautiful view of Lake Merritt and the rolling Oakland Hills. Designed for effortless living, the unit features a functional floor plan, ample natural light, and the peace of mind that comes with a fully secured building and one assigned parking space in the gated garage. Building amenities elevate your lifestyle with a resort-inspired courtyard pool, a barbeque area for hosting, a tranquil…