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Key Details
Sold Price $800,000
Property Type Townhouse
Sub Type Townhome
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $484
MLS Listing ID OC24229068
Bedrooms 3
Full Baths 2
HOA Fees $359/mo
Year Built 2024
Property Sub-Type Townhome
Property Description
***This brand-new home in Hacienda Heights is part of a Middle-Income affordability program under the Los Angeles County Density Bonus Homeownership Program (DBHOP). The sales price on the listing is the approximate net affordable sales price, the home will be sold at the full appraised value (approximately $800,000) and the LA County DBHOP will provide a silent second of approximately $316,700. All payments on the second trust deed are deferred until (1) the home is sold or (2) ownership is transferred to another party or (3) the property is no longer occupied by the owner as their primary residence or a refinance event. The County will share in a percentage of the equity accumulated on the property, depending upon the circumstances that exist at the time of the sale and federal requirements. Minimum household size is 2 persons, maximum household size is 5 persons Annual gross income for the buyers and all household members 18 years of age or older cannot exceed the following income limits: 2 person - $125,700;3 person - $141,400;4 person - $157,100;5 person - $169,650. Total housing expense under this program is approximately $4,296 per month (including mortgage payment, HOA dues, property taxes, and $268 for estimated utility costs). Under this program the terms are subject to change based on the appraised value. Availability is subject to meeting the program guidelines and being approved as a "qualified purchaser" by LACDA*** This floorplan has an entry, coat closet and two car side-by-side garage on the ground level, then you head up a single set of stairs to your beau
Location
State CA
County Los Angeles
Interior
Cooling Central Forced Air, Electric, Energy Star
Exterior
Garage Spaces 2.0
Amenities Available Outdoor Cooking Area, Pets Permitted, Barbecue
View Y/N Yes
Building
Story 2
Sewer Public Sewer
Water Public
Others
Special Listing Condition Standard
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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