Oakland

428 Alice Owners Association

UNITS

93 Corporation #:

C2846906

Registered:

12/28/05

MANAGED BY

CitiScape Property Management Group

BUILT

2006

ANALYSIS FOR

2024

Last Update

December 1, 2023 at 10:26:23 AM

Analysis Start

MONTHLY PAYMENT

Monthly Payment

$

975 ASSOCIATION AVERAGE

Part of this payment is used to cover operational expenses. The other part is saved in the Reserve Fund to cover future maintenance.

VS SIMILAR (%)

19.7 Comparison of monthly payment to nearby associations with similar size and amenities.

VS LAST YEAR (%)

7.3 Comparison of current monthly payment to last year. Ideal value is 3% representing inflation.

VS 2Y AGO (%)

5.73 Comparison of last year monthly payment to 2 years ago.

Reserve Funding

RESERVE FUNDING

%

45.31 Dec 31, 2021

Ideal is 100%. Below 30% indicates high risk of special assessments. Above 70% has low risk of special assessments.

DEBT PER UNIT

$8,881

Current amount required per unit to get Reserve Funding up to 100%. Ideal value is $0. If deficit becomes too large, a special assessment may be required to ensure enough for future repairs.

FUNDING VS PLAN (%)

100 The Reserve Study specifies an amount that needs to be saved each year for future repairs. This should be 100%. If not, any shortfall will be made up in the future via increased monthly dues or special assessment.

SPECIAL ASSESSMENTS

ANALYSIS SUMMARY

Apr 17, 2021

BUDGETING
For the past 2+ years, operational expenses have increased more than inflation.

SPENDING
No spending report was completed for 2019. This is a violation of Civil Codes 5305 and 4525 (a)(3). This document shows if a board is spending within their budget.

RESERVE FUNDING
As of 12/31/2019, the Association appears to have missed all their reserve contributions for 2019. The building does not appear to have any reserve repayment plan in accordance with Civil Code 5515.

LITIGATION
The Association was in litigation as of June 2019. Since lawsuits are a matter of public record, details and current status of suit can be found on the Alameda County website.

Analysis Summary

FROM OUR PARTNER

HOA Score

®

It's like a credit score for an HOA... a lower HOA Score® means higher risk of dues increases and special assessments in future.

Derived from HOA financials and MLS Data.

For more information visit hoa-score.com.

HOA Score®

4.6

Average

Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

HOA SCORE

®

Last Update

December 1, 2023 at 10:26:23 AM

DATA SOURCES

ADDRESS	MLS	PARCEL ID	DATE SOLD
428 Alice Street, Unit 110		001-0155-106
428 Alice Street, Unit 128		001-0155-107
428 Alice Street, Unit 132		001-0155-108
428 Alice Street, Unit 204		001-0155-110
428 Alice Street, Unit 208		001-0155-111
428 Alice Street, Unit 208	40899925		07/24/2020
428 Alice Street, Unit 228		001-0155-112
428 Alice Street, Unit 231		001-0155-109
428 Alice Street, Unit 303	40926857	001-0155-113	02/08/2021
428 Alice Street, Unit 304	40715341	001-0155-114	10/19/2015
428 Alice Street, Unit 306	40918528	001-0155-115	10/14/2020
428 Alice Street, Unit 307		001-0155-116
428 Alice Street, Unit 307	41004451	001-0155-116	09/22/2022
428 Alice Street, Unit 309		001-0155-117
428 Alice Street, Unit 310		001-0155-118
428 Alice Street, Unit 317		001-0155-119
428 Alice Street, Unit 318		001-0155-120
428 Alice Street, Unit 321		001-0155-121
428 Alice Street, Unit 322		001-0155-122
428 Alice Street, Unit 328		001-0155-123
428 Alice Street, Unit 331		001-0155-124
428 Alice Street, Unit 336		001-0155-125
428 Alice Street, Unit 338		001-0155-126
428 Alice Street, Unit 339		001-0155-127
428 Alice Street, Unit 341		001-0155-128
428 Alice Street, Unit 342		001-0155-129
428 Alice Street, Unit 403	40971734	001-0155-130	12/13/2021
428 Alice Street, Unit 403		001-0155-130
428 Alice Street, Unit 404		001-0155-131
428 Alice Street, Unit 406		001-0155-132
428 Alice Street, Unit 407	422676542	001-0155-133	10/20/2022
428 Alice Street, Unit 407	422634910	001-0155-133	05/18/2022
428 Alice Street, Unit 408		001-0155-134
428 Alice Street, Unit 410		001-0155-135
428 Alice Street, Unit 417		001-0155-136
428 Alice Street, Unit 421	421546844	001-0155-137	06/14/2021
428 Alice Street, Unit 422		001-0155-139
428 Alice Street, Unit 428	40986579	001-0155-139	07/08/2022
428 Alice Street, Unit 428		001-0155-139
428 Alice Street, Unit 429		001-0155-140
428 Alice Street, Unit 429	40870215		07/10/2019
428 Alice Street, Unit 431		001-0155-141
428 Alice Street, Unit 436		001-0155-142
428 Alice Street, Unit 438		001-0155-143
428 Alice Street, Unit 439		001-0155-144
428 Alice Street, Unit 440		001-0155-145
428 Alice Street, Unit 503	40547768	001-0155-146	11/17/2011
428 Alice Street, Unit 503	40913582	001-0155-146	11/01/2020
428 Alice Street, Unit 504	41025527	001-0155-147
428 Alice Street, Unit 504		001-0155-147
428 Alice Street, Unit 504	41032208	001-0155-147
428 Alice Street, Unit 506	40939515	001-0155-148	05/04/2021
428 Alice Street, Unit 507	40881883	001-0155-149	10/08/2019
428 Alice Street, Unit 509		001-0155-150
428 Alice Street, Unit 510	40946279		06/22/2021
428 Alice Street, Unit 510		001-0155-151
428 Alice Street, Unit 517	40874065		08/28/2019
428 Alice Street, Unit 517		001-0155-152
428 Alice Street, Unit 521		001-0155-153
428 Alice Street, Unit 522	40876199		07/28/2019
428 Alice Street, Unit 522		001-0155-154
428 Alice Street, Unit 528		001-0155-155
428 Alice Street, Unit 528	40900094		03/24/2020
428 Alice Street, Unit 529	40927792	001-0155-156	01/07/2021
428 Alice Street, Unit 531	41002640	001-0155-157	11/13/2022
428 Alice Street, Unit 533		001-0155-158
428 Alice Street, Unit 536		001-0155-159
428 Alice Street, Unit 537		001-0155-160
428 Alice Street, Unit 538		001-0155-161
428 Alice Street, Unit 538	40871099		07/28/2019
428 Alice Street, Unit 603		001-0155-162
428 Alice Street, Unit 604		001-0155-163
428 Alice Street, Unit 606	40960306		10/19/2021
428 Alice Street, Unit 606		001-0155-164
428 Alice Street, Unit 607		001-0155-165
428 Alice Street, Unit 609		001-0155-166
428 Alice Street, Unit 617		001-0155-167
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 621		001-0155-168	11/14/2006
428 Alice Street, Unit 621		001-0155-168
428 Alice Street, Unit 622		001-0155-169
428 Alice Street, Unit 628		001-0155-170
428 Alice Street, Unit 629		001-0155-171
428 Alice Street, Unit 632	41001200	001-0155-172	08/08/2022
428 Alice Street, Unit 632	41004632	001-0155-172	08/22/2022
428 Alice Street, Unit 632	40988951	001-0155-172	07/12/2022
428 Alice Street, Unit 636		001-0155-173
428 Alice Street, Unit 637	40920381		11/03/2020
428 Alice Street, Unit 637		001-0155-174
428 Alice Street, Unit 639		001-0155-175
428 Alice Street, Unit 640		001-0155-176
428 Alice Street, Unit 640	40898807		03/11/2020
428 Alice Street, Unit 703		001-0155-177
428 Alice Street, Unit 704	40964081	001-0155-178	11/12/2021
428 Alice Street, Unit 705		001-0155-179
428 Alice Street, Unit 706	40802436	001-0155-180	12/21/2017
428 Alice Street, Unit 706	422665082	001-0155-180	12/23/2022
428 Alice Street, Unit 706	423756326	001-0155-180
428 Alice Street, Unit 706	423725688	001-0155-180	06/12/2023
428 Alice Street, Unit 707		001-0155-181
428 Alice Street, Unit 707	41037952
428 Alice Street, Unit 707	41031904
428 Alice Street, Unit 707	41022808	001-0155-181
428 Alice Street, Unit 721		001-0155-182
428 Alice Street, Unit 721	40825322		07/10/2018
428 Alice Street, Unit 722	41038369
428 Alice Street, Unit 722		001-0155-183
428 Alice Street, Unit 728	40918623		10/22/2020
428 Alice Street, Unit 728		001-0155-184
428 Alice Street, Unit 729		001-0155-185
428 Alice Street, Unit 736	41033058	001-0155-186
428 Alice Street, Unit 736		001-0155-186
428 Alice Street, Unit 737		001-0155-187
428 Alice Street, Unit 738		001-0155-188
428 Alice Street, Unit 739	40990124	001-0155-189	11/02/2022
428 Alice Street, Unit 803	40824832	001-0155-190	08/24/2018
428 Alice Street, Unit 803	41021918	001-0155-190	05/15/2023
428 Alice Street, Unit 804	40884675	001-0155-191	01/10/2020
428 Alice Street, Unit 805	484829		06/05/2019
428 Alice Street, Unit 805	40865181	001-0155-192	06/05/2019
428 Alice Street, Unit 817	40471356	001-0155-193	10/07/2010
428 Alice Street, Unit 817	41031556
428 Alice Street, Unit 818	40983402	001-0155-194	05/13/2022
428 Alice Street, Unit 818	40764985	001-0155-194	02/16/2017
428 Alice Street, Unit 821		001-0155-195	10/29/2006
428 Alice Street, Unit 822		001-0155-196	12/29/2006
428 Alice Street, Unit 828		001-0155-197
428 Alice Street, Unit 829	40486475	001-0155-198	01/11/2011
428 Alice Street, Unit 831		001-0155-199	08/15/2006
428 Alice Street, Unit 836	40845425	001-0155-200	01/08/2019
428 Alice Street, Unit 837	40460090	001-0155-201	06/30/2010
428 Alice Street, Unit 837	ML81879240	001-0155-201	05/24/2022
428 Alice Street, Unit 838	40709275	001-0155-202	09/10/2015
428 Alice Street, Unit 838	40967715	001-0155-202	01/04/2022

Data Sources