Affordable Communities in Huntington Beach

Do you earn between $73,250 and $113,000?*

You may qualify to purchase a charming home in Huntington Beach through the City’s Inclusionary Housing Program. (See photos above of one of my recent sales.)

The homes in Cape Ann are detached condos in the 1300 to over 1400 square foot range.  The neighborhood enjoys a community pool and is adjacent to Peter Green Park in Sea Gate.  Near the intersection of Garfield and Main, the location is one of the best within Huntington Beach.  If you are looking to be in biking and walking distance of shopping, restaurants, downtown and the beach, this neighborhood could be just what you are looking for.

What makes the neighborhood “Inclusionary”?

  • The City of Huntington Beach sets a cap on the maximum price these homes can be sold for.  This is done through a specific calculation based on the areas median income and current interest rates.
  • There are specific rules homeowners must abide by…..for example, the home must be owner occupied.  Renting out the unit is not allowed.
  • There are strict income requirements. Most buyers do not already own a home when they purchase one of these homes, however, you may currently own a home and still qualify as long as the sale of that home closes before or concurrently to the purchase of the inclusionary home.  Your assets (not including retirement funds) cannot exceed 50% of the value of the home being purchased.  Email me at Sandra@theMcMonigleTeam.com for the most up-to-date info.

Why is this neighborhood a good buy if the City can set a cap on what I can sell it for?

  • The inclusionary period will eventually run out.  For instance, the homes in Cape Ann only have about 15 years left before they go to market value and the inclusionary restrictions fall off. Expect to see the window of opportunity to purchase in this neighborhood to fall off over the next 10 years as homeowners opt to wait it out instead of move on.
  • You get to live in a largely owner occupied neighborhoods.  Homes tend to be better maintained and the homeowners have a vested interest in the community on a daily basis.
  • LOCATION, LOCATION, LOCATION!
  • Non-Incusionary homes of the same quality and square footage will cost you much, much more.

Does this sound like something you’d like to investigate further?  I’m a phone call away and have a great team that can help you navigate through a purchase in this or other communities throughout Orange County.  Give me a call 949-500-0482.

 

Cape Ann – City of Huntington Beach – Inclusionary Housing

 

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Nov

22

Not Yet on the Market! – Call (949) 500-0482 for details…

Posted by Sandra Carlisle Ayers under Uncategorized

These Orange County homes are about to come on the market. Get there first…. Call Sandra for details at 949-500-0482.

City Beds Baths  Price Range  SqFt Property Type
 
Dana Point 4 3  $     3,950.00 2,300 SFR
 
Fountain Valley 3 2  $515,000 to  1,200 SFR
 $529,000.00
Irvine 2 1.5  $388,900.00 1,011 Condo
 
Orange 1 1  $190,000.00 763 TH
 $195,000.00
Orange 3 2.5  $450,000 to  0 SFR
 
Santa Ana 1 1  $180,000.00 648 Condo
 
Yorba Linda 4 3  $680,000.00 2,378 SFR
 

Do you already know which neighborhood you want… but are having trouble finding a home that works for you?  I love digging up off market properties…

Call Sandra at (949) 500-0482.

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Nov

1

Live/Work in Laguna Beach! … Open House Saturday/Sunday 1pm-4pm

Posted by Sandra Carlisle Ayers under Uncategorized

Open House in Laguna Beach!
Saturday & Sunday
November 2nd and 3rd
1pm to 4pm

Beautiful European style mixed use building in convenient Laguna Beach location.  This property consists of a large, 2-story, 4bd/3ba home with ocean views set on top of a spacious office area.  Great storefront location with ample off street parking in rear.

The entrance to the home is located in back of the property and boasts a large patio and deck for entertaining away from the storefront.  Great use of space, kitchen is upgraded and most bedrooms in the home have their own bath.  Ocean views from most rooms!

Property available for sale or lease….  contact Sandra Carlisle for more information at (949) 500-0482.

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Mar

16

Save the Date! — Saturday, April 27th

Posted by Sandra Carlisle Ayers under Uncategorized

Ready to rid your home of unwanted items? Start your Spring Cleaning now and be ready to sell your wares Saturday April 27th from 9am to Noon.

We will do signs and advertising for you! It doesn’t get easier than that.

Call Sandra at (949) 500-0482 to put your home on the Sale Map so we are sure to have enough signs to get buyers to your spot!

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Feb

7

6 Whitesands in Newport Coast – OPEN TODAY 11am to 2pm – February 7th, 2013

Posted by Sandra Carlisle Ayers under Uncategorized

6 Whitesands

Gorgeous Home for Sale in Newport Coast. Located in the quaint gated community of Pointe. Open today from 11am to 2pm. Lunch will be served. You MUST SEE this great home and amazing backyard. Property will go fast!

Home for Sale in Newport Coast - Open House

Home for Sale in Newport Coast – Open House Today

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Jan

11

New Lease Available in Shore Cliffs (Corona del Mar)

Posted by Sandra Carlisle Ayers under Uncategorized

Ready for a new tenant early February. Call Sandra for details (949) 500-0482.

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Dec

21

Weekly Economic Report 12/21/2012

Posted by Sandra Carlisle Ayers under Uncategorized

Weekly Economic & Financial Commentary courtesy of Bankers Funding…

Inside:

  • U.S. Review
  • Global Review
  • S&P/Case-Shiller Index
  • New Home Sales
  • Consumer Confidence
  • Japanese IP
  • Canadian Payrolls
  • Chinese PMI
  • Interest Rate Watch
  • Credit Market Insights
  • Topic of the Week – Hu Wouldn’t Want to Own Treasuries?
  • Market Data
  • Next Week’s Economic Calendar

Weekly Econ Report 12-21-2012

When you are ready to buy or sell your Corona del Mar or Newport Coast home, call Sandra at 949 500-0482.

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Oct

23

SAVE THE DATE! November 10th, 2012

Posted by Sandra Carlisle Ayers under Uncategorized

Child & Family Safety Day
Saturday, November 10th, 2012
10am to 5pm

Child & Family Safety Day

FREE TO THE PUBLIC!

 

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Sep

27

Condo for Sale, South of Highway in Corona del Mar, Newer Construction

Posted by Sandra Carlisle Ayers under Uncategorized

Gorgeous, built in 2007 on an extra wide lot! This home enjoys abundant natural light, over 300 square feet of covered outdoor living space, stunning finishes, large kitchen and living areas and a 2-Car Garage.

Call Sandra at (949) 500-0482 for pricing and other details

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Sep

4

CdM Duplex – South of the Highway – Both Units 3bd/2ba…

Posted by Sandra Carlisle Ayers under Uncategorized

Ocean View Duplex South of the Highway in Corona del Mar! Spacious 3 bedroom 2 bath units with patio and balcony, 2 Car-Garage. Walkable location to all the Village has to offer, including beach, restaurants, coffee shops, boutiques and Fashion Island. Upgraded flooring, new carpet, granite countertops and stainless appliances generate top dollar. Perfect for owner occupied use. Buy quickly and choose which move-in ready unit you want. Both units offer single level living….Ground Level or Penthouse… Very difficult to find in the Village…

Unique Opportunity:

1. Nice open street-scape- with ample parking
2. One unit up , One unit down
3. Both units have frontage
4. Live in One—rent out the other- Take advantage of owner occupied Financing
5. Bottom unit- handicap accessible from Rear
6. Nice raised lot
7. Sunset view orientation
8. All new upgrades
9. PERFECT for owner occupant up or down, investors or second home purchases wanting to “Split costs”

For more information, contact Sandra Carlisle, DRE# 01364315 at (949) 500-0482.

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