365 Perkins St #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
32% of that payment is not the mortgage. The HOA fee alone is $37,800 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,096.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($23,000). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($630 in 2026), not enough for a trend yet. The listing shows $630/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
- True 2/2 near the lake
- Low HOA for a 2-bath ($574, 1.3%/yr)
- Priced below the 3/2024 purchase ($565k) = seller leverage
⚠️ Cons
- 1966 building (seismic/reserve check)
🚩 Red flags
Photos
Price history (this unit)
- Oct 6, 2026 — Price Changed $460,000
- Aug 13, 2026 — Price Changed $459,888
- Jul 31, 2026 — Price Changed $514,999
- Jul 21, 2026 — Price Changed $519,888
- Jul 3, 2026 — Price Changed $529,888
- Jun 5, 2026 — Listed $539,888
Description
BACK ON MARKET-APPROVED SHORT SALE! Experience the Best of Adams Point! Live in the heart of one of Oakland’s most vibrant neighborhoods. Located just blocks from Grand Avenue’s premier dining, unique shops, and the scenic shores of Lake Merritt, this move-in-ready condo offers the ultimate urban lifestyle. Inside this bright, sun-drenched 2-bedroom, 2-bathroom, 1,010 sq. ft. home, you will find a fully updated kitchen featuring elegant white shaker cabinets, quartz countertops, a timeless subway tile backsplash, and stainless steel appliances (refrigerator included). Both bathrooms are beautifully modernized. Enjoy your morning coffee on the private balcony, and appreciate the convenience…