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Stealpad › Oakland, CA › Fruitvale › 5410 Trask St
5410 Trask St — 1 bd condo for sale in Fruitvale, Oakland
78Great deal

5410 Trask St

Fruitvale, Oakland, CA · 94601
$399,900 37% below mkt
1 bd · 2 ba · 1,282 sqft · $312/sf
HOA $347/mo · 🏢 fee history ↓ · 87 days on market · built 1925
🏭 Live/work loft
⚖️ Adjusted valueUndervaluedasking is 37% under fair value
Model fair value · 1 sold comps · ±15%$563,613
vs model fair value · size · beds/baths · age · HOA · location−29%
Condition · Renovated loft: shaker, quartz, SS−3%
Price history · ≈47% below its peak−5%
📐 How this Deal Score was built78Great deal
Value gap · asking vs model fair value, after condition & price history+44.4
HOA burden · $347/mo = 1.04%/yr of price vs a 1.33% norm — at or below normal, no charge0
Days on market · 87 days — it has sat, so you have leverage+3
Raw advantage · the three above, combined+47.4
Model confidence · weak — ±15% typical model error across 1 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score78/100

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

$3,045/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,215
Property tax (1.30% effective)$433
Insurance (estimate)$50
HOA dues$347
Total monthly$3,045
Rough cash to close$89,978

27% of that payment is not the mortgage. The HOA fee alone is $20,820 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,698.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($19,995). 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 ($347 in 2026), not enough for a trend yet. The listing shows $347/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
  • 29% below model fair value
  • 47% below its 2006 peak
  • On market 87 days → some leverage
  • In-unit W/D
⚠️ Cons
  • Older building (1925)
  • Photos look dim — verify light in person
🚩 Red flags
  • Listed BELOW its 2021 sale ($595k) → value eroding
  • Live/work loft — workspace-heavy sqft and a thinner buyer pool inflate the apparent discount vs regular condo comps

Photos

Price history (this unit)

Trough $350,000 Apr 18, 2001Now $399,900Peak $750,000 May 2, 2006
Current list price is 47% below its peak · +14% above its trough.
  • Jul 15, 2026 — Listed $427,500
  • Mar 1, 2021 — Sold (MLS) $595,000
  • Dec 13, 2020 — Listed $599,000
  • Jun 18, 2020 — Sold (Public Records) $595,000
  • Jun 18, 2020 — Sold (Public Records) $595,000
  • Jul 22, 2019 — Sold (MLS) $569,950

Description

Discover the ultimate fusion of modern living and entrepreneurial freedom in this oversized, end-unit live/work condo. Nestled in a beautifully maintained complex with exceptional curb appeal, this completely remodeled residence boasts an airy, open floor plan crowned by soaring ceilings and dramatic double-height windows. The main level is designed for maximum business utility, featuring an ADA-compliant bathroom and a flexible layout perfect for welcoming clients. Upstairs, a massive loft overlooks the vibrant main floor, offering an ideal retreat for private living. Finished with a full bathroom on each level, premium stainless steel appliances, and an energy-efficient tankless water…

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