7 Embarcadero #312
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
38% of that payment is not the mortgage. The HOA fee alone is $51,960 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,692.
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 2026-10-08 — 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
4 recorded pointsReconstructed from 5 units of recorded sales at 7 Embarcadero — 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
- 27% below model fair value
- 95% below its 1988 peak
- On market 73 days → some leverage
- Upper floor (fl 3)
⚠️ Cons
- HOA $866/mo
🚩 Red flags
- Listed BELOW its 2017 sale ($525k) → value eroding
Photos
Price history (this unit)
- Jul 12, 2026 — Price Changed $420,000
- May 5, 2026 — Listed $430,000
- Apr 24, 2026 — Coming Soon $430,000
- Jun 27, 2017 — Sold (Public Records) $525,000
- Dec 27, 2004 — Sold (MLS) $355,000
- Dec 21, 2004 — Sold (Public Records) $355,000
Description
NEW PRICE! Seller is also open to seller carry back loan. Experience the best of Oakland living in this stylish Portobello Community condo—a tranquil escape in the heart of Jack London Square! Wake up to stunning estuary views from your balcony and downstairs bedroom. This well-appointed home features granite countertops, a breakfast bar for casual dining, and an open-concept living/dining area ideal for entertaining. The airy balcony extends your living space outdoors, while vaulted ceilings enhance the sense of spaciousness. A cozy fireplace adds warmth, and engineered hardwood floors flow throughout this level. A built-in desk provides a convenient workspace. Dual-level entrances offer…