List of Approved FHA Condos in Oakland, CA

List of FHA Approved Condos in Oakland

On 5/23/2011, there were 42 condominium buildings in Oakland that were approved by the FHA.  As of April 1, 2014, there are only 15 FHA approved condominium buildings.  Here is a list of those buildings that remain qualified for FHA financing which often allows a buyer to purchase with a lower down payment (though mortgage insurance is likely to be required):

1. 416 North Street, Oakland, CA 94609 (4 units)

2. 428 Alice Street, Oakland, CA 94607 (93 condos)

3. 5343 Broadway Terrace, Oakland, CA 94618 (Rockridge)

4. 55 Fairmount Avenue, Oakland, CA 94611 (51 units)

5. 245 Perkins Street, Oakland, CA 94610 (36 units “Cambridge House Condominiums”)

6. 5405 Carlton Street, Oakland, CA 94618 (17 units “Carlton View Condominiums”)

7. 590 El Dorado Avenue, Oakland, CA 94611 (47 units)

8. 655 12th Street, Oakland, CA 94607 (92 units “Landmark Place”)

9. 6261 Leona Avenue, Oakland 94605 (302 units “Monte Vista Villas”)

10. 1201 Pine Street, Oakland, CA 94607 (163 units “Pacific Cannery Lofts”)

11. 700 Canyon Oaks Drive, Oakland, CA 94605 (66 units “Ridgemont at Skyline”)

12. 440 38th Street, Oakland, CA 94609 (4 units, “Temescal Gardens”)

13. 373 4th Street, Oakland, CA (10 units “Pocket Lofts”)

14. 811 York Street, Oakland, CA 94610 (78 units “The York Towers”)

15. 3240 Peralta Street, Oakland, CA 94608 (28 units “West Clawson Lofts”)

It is possible for buildings not listed here to become FHA approved.  There is a process to this but it can be achieved by using the right real estate broker and lender (and consent from the HOA).  Please don’t hesitate to contact me should you be in need of our services.

Andy Read

Broker, Caldecott Properties

aread@Caldecott.com

510.594.2400 x 222

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