2324 Lakeshore Ave #6
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
32% of that payment is not the mortgage. The HOA fee alone is $55,200 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,702.
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 2026-08-20 — 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 ($920 in 2026), not enough for a trend yet. The listing shows $920/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
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $920/mo
- Older building (1962)
- Ground floor
🚩 Red flags
Photos
Price history (this unit)
- Aug 16, 2026 — Listed $748,000
- Nov 10, 2008 — Sold (MLS) $565,000
- Nov 7, 2008 — Sold (Public Records) $565,000
- Oct 4, 2008 — Listed $599,000
- Aug 30, 2005 — Sold (MLS) $605,000
- Aug 30, 2005 — Sold (Public Records) $605,000
Description
This one of a kind penthouse sits atop one of the most desirable locations on Lake Merritt. The elevator arrives at a private landing. The living room opens to the spacious sunroom with a commanding view of the lake. The eat-in kitchen has contemporary fixtures, stainless steel appliances, and Marmoleum flooring. The primary bedroom has an oversized bathroom ripe for customization. The second bedroom has a walk-in closet. There are gleaming hardwood floors and updated lighting, gated secure parking, and private storage. Stroll to the Farmers Market, Grand Lake, and all the restaurants and shopping of the Lakeshore. Set back from the street so even though you are in the heart of one of Oaklan