City Second - 135 Valencia Street, #A-307

Posting Date

9/18/18

Type of Unit

City Second Loan Program

Market Rate Program with No Resale Restrictions

Development Name

101 Valencia

Address

 

135 Valencia Street, #A-307

San Francisco, CA  94103

# Bedroom

 

2

# Bathroom

 

1.5

Square footage

859

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-$164,80

Offer Price

(City Second borrower must be able to match the offer price)

$800,000

Application Period

Closed 

Date Right of First Refusal Starts

Friday, 9/14/18

Date Right of First Refusal Ends

Monday, 10/30/18

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.

Minimum Downpayment Required Based on Offer Price

$40,000

Parking

1 car parking

Monthly Homeowner Dues

$490.00

Contact Person:

Scott Romesburg

Phone:

 

(415) 697-7540

Email:

ScottR@vanguardsf.com

MSL Link:

View Listing

Open House: 

Sunday, 9/23/2018 – 2:00pm-4:00pm. Please contact Scott Romesburg at  ScottR@vanguardsf.com or 415-697-7540 for an appointment to view the property.

Special Remark:

 

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