3116 Adeline St #110
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
26% of that payment is not the mortgage. The HOA fee alone is $23,760 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,461.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($25,750). 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 2 units of recorded sales at 3116 Adeline St — 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
- In-unit W/D
- Garage parking
- Low HOA (0.9%/yr)
⚠️ Cons
- 35% above model fair value
- Ground floor
🚩 Red flags
- Listed BELOW its 2022 sale ($600k) → value eroding
Photos
Price history (this unit)
- Aug 28, 2026 — Listed $515,000
- Mar 25, 2022 — Sold (MLS) $600,000
- Mar 25, 2022 — Sold (Public Records) $600,000
- Feb 18, 2022 — Listed $580,000
- Mar 11, 2020 — Sold (MLS) $539,000
- Mar 11, 2020 — Sold (MLS) $539,000
Description
Modern living meets industrial charm at Steel Works in West Oakland's Dogtown neighborhood. This distinctive tri-level loft offers 764 sq. ft. of thoughtfully designed living space with an open-concept floor plan, abundant natural light, and exceptional character. The spacious foyer welcomes you into the main living level, where the contemporary kitchen features stainless steel appliances, a gas range, and a seamless connection to the living and dining areas. French doors open from the living room to a private patio, creating an inviting indoor-outdoor living space perfect for morning coffee or evening entertaining. Skylights and oversized windows fill the home with natural light while…