City Second - 1804 Ellis St. #D

Posting Date

6/16/20

Type of Unit

City Second Loan Program

Market Rate Program with No Price Resale Restrictions

Development Name

Amancio Ergina Village

Address

 

1804 Ellis Street #D

# Bedroom

 

2

# Bathroom

 

1

Square footage

816

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

Offer Price

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

$743,000

Application Period

Tuesday, 6/23/20, 8:00am, PST – Monday, 7/6/20, 5:00pm, PST

Date Right of First Refusal Starts

Tuesday, 6/16/20

Date Right of First Refusal Ends

Friday, 7/31/20

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

$22,290

Parking

1 Assigned

Monthly Homeowner Dues

$559

Contact Person:

Ilya Tsay

Phone:

 

415.872.2222

Email:

ilya@ilyatsay.com

MSL Link:

View Here

Open House: 

COVID-19 - All open houses are cancelled

Special Remark:

 

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