247 Castro St
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 $18,660 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,001.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($15,000). 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 2026-11-05 — 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 ($311 in 2026), not enough for a trend yet. The listing shows $311/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
- Cheapest of 7 tracked in San Leandro
- 13% below model fair value
- Garage parking
- Low HOA (1.2%/yr)
⚠️ Cons
- Older building (1967)
🚩 Red flags
Photos
Price history (this unit)
- Oct 31, 2026 — Listed $299,999
- Oct 30, 2026 — Listed $299,999
- May 14, 2015 — Sold (MLS) $199,000
- May 13, 2015 — Sold (Public Records) $199,000
- Mar 30, 2015 — Listed $199,000
- Mar 31, 1995 — Sold (Public Records) $70,000
Description
LOCATION!LOCATION * * !LOW HOA * * A MUST SEE IN PERSON! Welcome to convenient downtown living in the heart of San Leandro! This lovely condo features a spacious, light-filled living and dining area, a functional galley kitchen, and a private balcony perfect for enjoying your morning coffee. The generously sized primary bedroom offers a walk-in closet, while the additional office/den area provides flexible space for working from home or everyday needs. Enjoy an unbeatable location just steps from Downtown San Leandro, BART, Safeway, CVS, the post office, banks, restaurants, and local shops. Commuting and daily errands couldn't be easier! The well-maintained community offers elevator access…