3 Below Market Rate Condos For Sale In The East Bay

EMERYVILLE, CA — Three condos are currently for sale in Emeryville under the city's affordable housing program. Two of them are in a building on 40th Street and the third is on Park Avenue.

Each condo has one bedroom and one bathroom. The prices for the condos range from $372,900 to $419,600. All three properties are for moderate-income households earning at or below 120 percent of Area Median Income. For a one person household that's $119,950, and $137,100 for two people.

Here are the descriptions of the three condos.

• 1500 Park Ave #14 is a 1-bedroom, 1-bathroom condo offered for sale at $372,900. This 1,089 square foot unit is conveniently located near shops and restaurants. An open floor plan floods the space with light and high ceiling add to the space. Additional amenities included access to a roof deck and a private, secure parking space.
• 1121 40th Street #4304 is a 1-bedroom, 1-bathroom condo, offered for sale at a new price of $400,000. This 622 square foot unit is conveniently located near shops and restaurants. The unit is a bright and sunny space with high ceilings, an open floor plan and a sweet outdoor balcony with a city view.
• 1121 40th Street #3402 is a 1-bedroom, 1-bath room condo, offered for sale at $419,600. This 622 square foot unit is conveniently located near shops and restaurants. A bright and sunny space with high ceilings, an open floor plan, new carpet and in-unit laundry.

Read the City of Emeryville's homebuyers guidelines.

The nonprofit Hello Housing page has links to photos of the properties and information on how to apply to purchase the condos.