City Second - 456 Carl St.

Posting Date

July 14, 2020

Type of Unit

City Second Loan Program

Market Rate Program with No Price Resale Restrictions

 

Development Name

Parkview Commons

Address

 

456 Carl Street, San Francisco, CA  94117

# Bedroom

 

3

# Bathroom

 

2

Square footage

1,271 per tax records

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)

$1,280,000

Application Period

Tuesday, 7/21/20, 8:00 am, PST – Friday, 7/31/20, 5:00 pm, PST

Date Right of First Refusal Starts

Tuesday, 7/14/20

Date Right of First Refusal Ends

Friday, 8/28/20

Maximum City Second Downpayment Assistance Loan Amount

Up to $375,000 available for City Second Units based on funding availability.

 

Minimum Downpayment Required Based on Offer Price

$38,400

Parking

2-car tandem parking 

Monthly Homeowner Dues

$485.64

Contact Person:

Alexander Lurie

Phone:

 

415-696-0288

Email:

alexander@luriegroup.com

MSL Link:

View Listing

Open House: 

 COVID 19  - All Open Houses Are Canceled

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. New and all subsequent buyers will enter into a Grant of Right of First Refusal with the City. For more information please visit our website http://sfmohcd.org/city-second-loan-program