"Modern Living in the heart of the Bay Area" is the lead-line on Adeline-Emeryville's brochure.
Starting with prices in the low $200,000s it was intriguing enough to be worth a look.
The units are the smallest of any new construction I've viewed in the area. Closet space is minimal or, in the case of the 2-bedroom units, non-existent. That is, as the sales person explained, the developer decided to go "Euro-style" with the 2-bedroom units and not include any closet space.
To compensate, the developer gives buyers a $1200 credit to buy stand-alone closet systems at Ikea (a commitment to to mediocrity, at best), which they will install for you. Of course, these systems will chew up more of the limited floor space in the tiny bedrooms, and the buyer will still have limited closet space. There is not even a coat closet in the entry way to accommodate home owners or guests as they enter the units.
The one-bedroom units have sliding glass doors in a closet that is shared with the washer-dryer stack. Just what I want, to have the laundry in my bedroom. Do a load of whites with bleach and you'll have the lovely aroma of chlorine to lull you to sleep.
When I commented on the lack of space, the sales person told me that "most of their buyers were young professionals who spend very little time at home". Well, obviously, because an average home-body would go stir crazy in this place in short order. Why would anyone pay $250-300,000 to buy a home that they wouldn't spend a lot of time in?
Bathrooms are large in relation to the overall size of the units, but not particularly well-appointed with basic white tile and no-frills fixtures.
Also, unlike most condos, the builder does not include the refrigerator and washer/dryer in the purchase price of the units, although I was told they can be included as part of the deal at the buyer's request.
Parking is in a small garage with the bulk of the parking using a 3-tiered lift system that is electrically powered. The sales person was evasive when asked about the prospect of mechanical failures with the lift stating that the service company was only fifteen minutes away. I could foresee major difficulties not being able to get one's car out when problems with the lift system occur, which seems to be an inevitability.
The building is situated in an odd-corner near the freeway and right off San Pablo avenue, parking around the building is limited to 2-hours, and heavy street noise filters up to all the units. The double-paned windows to shut the noise out, but unless you want to live with the windows closed, you'd better enjoy the sounds of urban traffic.
The builder offers a 3.5% financing program, and a $10K credit for closing fees (which appear to be very high, as I was told the bulk of them are for mortgage fees), and there are below market-rate units as well as a downpayment assistance program from the City of Emeryville for lower-income individuals.
Naturally, I decided to pass, as I feel Adeline Place offers very little value for the dollar. read more