City Second - 681 Frederick Street

Posting Date

September 21, 2020

Type of Unit

City Second Loan Program

Market Rate Program with No Price Resale Restrictions

Development Name

Parkview Commons

Address

 

681 Frederick Street, San Francisco, CA

# Bedroom

 

1

# Bathroom

 

1

Square footage

590

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)

$735,000

Application Period

Tuesday, 9/29/20, 8:00am, PST – Friday, 10/9/20, 5:00pm, PST

Date Right of First Refusal Starts

Monday, 9/21/20

Date Right of First Refusal Ends

Thursday, 11/5/20

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

$22,050

Parking

Yes 1 car Private Garage

Monthly Homeowner Dues

$349.86

Contact Person:

Lisa Camozzi-Vanguard Properties

Phone:

 

415-412-3120

Email:

lisa@sf-realty.com

MSL Link:

View Listings

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

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