989 Webster St #651
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 $54,960 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,162.
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
✅ Fairly steady · +3.2%/yrReconstructed from 9 units of recorded sales at 989 Webster St — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +3.2%/yr over 2 years across 9 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- 20% below model fair value
- On market 85 days → some leverage
- Upper floor (fl 6)
- Garage parking
⚠️ Cons
- HOA $916/mo
🚩 Red flags
Photos
Price history (this unit)
- Jul 18, 2026 — Listed $323,888
Description
OPEN SUN 7/26, 4-6pm, Spacious and Bright! WELCOME TO THE MOST WELL PRICED OPPORTUNITY AVAILABLE IN OAKLAND!!! TWO BEDROOMS with TWO FULL BATHROOMS- END UNIT (next to laundry) at this price??? Located in the heart of Oakland Chinatown, literally walk downstairs to restaurants, shopping, bars, BART, AC transit, EVERYTHING! ONLY 5 mins to Uptown/First Fridays, Lake Merritt, and Farmers market! Well maintained pet friendly building with rooftop courtyard, secure underground parking, 24/7 security and great sized units. WALKSCORE of 100, TRANSIT SCORE of 90, BIKESCORE of 84!!! DON'T MISS OUT and stop wasting your money on rent cause the math is mathing on this one!!! FINALLY, now is your shot…