425 28th St Unit 202a
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
43% of that payment is not the mortgage. The HOA fee alone is $53,520 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,127.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($16,700). 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 2026-08-20 — 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 ($892 in 2026), not enough for a trend yet. The listing shows $892/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
- 18% below model fair value
- 39% below its 2017 peak
- Garage parking
⚠️ Cons
- HOA $892/mo
🚩 Red flags
- Still cutting price ($425k→$399k→$385k→$334k)
Photos
Price history (this unit)
- Aug 6, 2026 — Listed $334,000
- May 13, 2026 — Price Changed $385,000
- Feb 20, 2026 — Price Changed $399,000
- Feb 6, 2026 — Listed $425,000
- Sep 16, 2023 — Rental Removed $2,988
- Aug 29, 2023 — Listed for Rent $2,988
Description
Welcome to Midtown Lofts in Oakland's KONO neighborhood. This light‑filled loft has been freshly painted with new carpet on the stairs and bedroom, offering over 900 sq ft of thoughtfully designed living space with soaring ceilings and abundant windows. French doors off the living and kitchen area open to a private balcony. The modern kitchen features stainless steel appliances, dark green maple cabinetry, and granite countertops. The main level includes an open living/dining area, in‑unit laundry, and a convenient guest powder room. Upstairs, the loft bedroom offers high ceilings, skylights, generous closet space, a home office nook, and an en‑suite bath. Building amenities include secure,