Rejected
2150 35th Ave
This one never reached the math. What stopped it is below.
94601 · East Bay
mixed-use (commercial financing)
Underwritten as of 2026-09-02 · record v5
Published at our defaults: House-Hack wins by $141,745 · S&P breakeven 11.6% first-pass screen
Run your own numbers on any building →
Why we rejected it
- mixed-use (commercial financing)
Rejected when we checked the listing itself.
Open these numbers in the calculator → Every slider starts at this page's inputs; change any of them and the verdict re-runs at yours.
Property facts
| Asking price | $499,999 |
|---|---|
| Units | 2 |
| Beds / baths | 6 / 4 |
| Square feet | 1,795 |
| Year built | 1910 |
| Property type | Multi-Family |
Unit count verified: 3 units, corroborated by county assessor records and the listing itself.
If the market turns
Modeled appreciation is an assumption, so we replayed this deal against history: every 10-year window in the federal house-price index for Alameda County (41 windows), each one swapping its actual price path in for our modeled appreciation.
| History replay | Years | Ends vs the never-buy path |
|---|---|---|
| Worst window | 1989→1999 | +$13,297 |
| Median window | 2014→2024 | +$377,617 |
| Best window | 1996→2006 | +$1,077,282 |
None of the 41 windows ended behind the never-buy path.
Replay the 2008 crash as it hit this area and the deal ends year 10 $122,859 behind the never-buy path; the deepest point comes in year 6, $224,651 behind.
These windows track Alameda County as a whole. Within the county, individual ZIPs' realized 10-year outcomes typically differed from the county's by about ±1.2 points/yr — one zip-decade in ten differed by ±3.5 points/yr or more, and the largest gap since 1975 was 5.5 points/yr. A specific building varies more than its ZIP, not less.
Where these numbers come from
Of the 10 inputs behind this analysis, 3 trace to evidence (our listing feed, area comps, county records); 2 are standing conventions; 3 are derived from other inputs.
- Purchase price: our listing feed · corroborated
- Rent while you live in one unit: derived from other inputs here · single source
- Rent after you move out: an unclassified source · no independent witness
- The rent you would pay on the never-buy path: derived from other inputs here · single source
- Property tax rate: local rent regulation · single source
- Unit count: county assessor records · corroborated
A standing convention is a deliberate modeling choice we apply to every deal. We flag it rather than dress it up as evidence.
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Record v5 · engine aafb236 · profile fha-house-hack