City Second - 1235 McAllister St. #325
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Posting Date |
11/21/18 |
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Type of Unit |
City Second Loan Program Market Rate Program with No Resale Restrictions |
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Development Name |
McAllister Mews |
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Address
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1235 McAllister #325 |
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# Bedroom
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2
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# Bathroom
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2 |
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Square footage |
1016 |
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Maximum Income Level of Applicants |
120% of Area Median Income 1 Person -$99,500 2 Person-$113,650 3 Person-$127,850 4 Person-$142,100 5 Person-$153,400 6 Person-$164,800 |
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Asking Price |
$881,000 |
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Offer Price (City Second borrower must be able to match the offer price) |
N/A |
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Application Period |
Closed |
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Date Right of First Refusal Starts |
11/19/18 |
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Date Right of First Refusal Ends |
01/03/19 |
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Maximum City Second Downpayment Assistance Loan Amount |
Up to $375,000 available for City Second Units based on funding availability.
2018 DALP pre-approved homebuyers can utilize their DALP assistance for the purchase of this property and are welcomed to submit an offer. All program eligibility requirements must be met. |
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Minimum Downpayment Required Based on Offer Price |
$44,050 |
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Parking |
Leased parking in the building - $280
|
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Monthly Homeowner Dues |
$432 |
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Contact Person: |
Steven Minchen |
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Phone:
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(415) 690-0352 |
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Email: |
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MSL Link: |
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Open House: |
Sunday, 11/25/18 – 2:00pm-4:00pm |
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Special Remark:
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City Second Loan is available for qualified buyers on a first come, first serve basis.
The Property is subject to the City’s Grant of Right of First Refusal Agreement. New and all subsequent buyers will enter into a Grant of Right of First Refusal with the City. For more information please visit our websitehttp://sfmohcd.org/city-second-loan-program |