City Second - 1804 Ellis St. #D
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Posting Date |
6/16/20 |
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Type of Unit |
City Second Loan Program Market Rate Program with No Price Resale Restrictions |
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Development Name |
Amancio Ergina Village |
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Address  |
1804 Ellis Street #D |
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# Bedroom  |
2 |
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# Bathroom  |
1 |
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Square footage |
816 |
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Maximum Income Level of Applicants |
120% of Area Median Income 1 Person - $107,600 2 Persons -$123,000 3 Persons-$138,350 4 Persons-$153,700 5 Persons-$166,000 6 Persons-$178,300 |
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Offer Price (City Second borrower must be able to match the offer price) |
$743,000 |
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Application Period |
Tuesday, 6/23/20, 8:00am, PST – Monday, 7/6/20, 5:00pm, PST |
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Date Right of First Refusal Starts |
Tuesday, 6/16/20 |
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Date Right of First Refusal Ends |
Friday, 7/31/20 |
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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 |
$22,290 |
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Parking |
1 Assigned |
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Monthly Homeowner Dues |
$559 |
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Contact Person: |
Ilya Tsay |
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Phone: Â |
415.872.2222 |
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Email: |
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MSL Link: |
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Open House:Â |
COVID-19 - All open houses are cancelled |
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Special Remark: Â |
City Second Loan is available for qualified buyers on a first come, first served basis.  The Property is subject to the City’s Grant of Right of First Refusal Agreement. For more information please visit our websitehttp://sfmohcd.org/city-second-loan-program |