958 28th St Unit 2825B
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
30% of that payment is not the mortgage. The HOA fee alone is $49,380 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,994.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($39,750). 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 2026-08-20 — 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 ($823 in 2026), not enough for a trend yet. The listing shows $823/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
- Upper floor (fl 28)
- In-unit W/D
- Low HOA (1.2%/yr)
⚠️ Cons
- HOA $823/mo
- Older building (1924)
- Photos look dim — verify light in person
🚩 Red flags
- Live/work loft — workspace-heavy sqft and a thinner buyer pool inflate the apparent discount vs regular condo comps
Photos
Price history (this unit)
- Aug 21, 2026 — Listed $795,000
Description
LIVE. WORK. CREATE. OWN this Unicorn- Unforgettable Industrial-Chic Oakland creative space & home. A Rare, true Live-Work opportunity with super cool storefront in a historic 20s Oakland warehouse! At the corner of 28th & Myrtle, this one-level mixed use condo is currently used as a high-end salon PLUS a stylish residence—and offers incredible flexibility. Inviting storefront with roll-up door, dramatic ceiling heights, concrete floors and bold historic architectural details deliver authentic warehouse character. Adaptable floor plan allows for a 3BR/2BA residence, or a 2BR home + shop/studio plus separate 1BR/1BA work or guest space—amazing for retail, art/design studio,