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Listed by Brian Taylor • In Town Living, Inc.
$483,300
Est. payment /mo
3 Beds
2 Baths
1,650 SqFt
UPDATED:
11/07/2024 10:07 PM
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $292
MLS Listing ID CROC24229068
Bedrooms 3
Full Baths 2
HOA Fees $359/mo
HOA Y/N Yes
Originating Board Datashare California Regional
Year Built 2024
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
Location
State CA
County Los Angeles
Interior
Cooling Central Air, Other, ENERGY STAR Qualified Equipment
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Garage Spaces 2.0
Pool None
Amenities Available Other, Barbecue, BBQ Area
View None
Parking Type Attached
Private Pool false
Building
Lot Description Street Light(s)
Story 2
Water Public
Schools
School District Hacienda La Puente Unified
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