We are currently working with a client who is looking for condo under the $400,000 but has specifically said she doesn't want the condo to be under a land lease. A land lease is basically when a person or entity buys a parcel of land and then leases the land to another party for a period of time. Often times condos buildings and complete neighborhoods are built on this land but the residents never own the land and also have to pay a monthly fee to the owner of the land. Sounds like a pretty good deal for the owner of the land. It also can be a more affordable option for buyers looking to find a place to live as these types of properties are typically priced below other comparable buildings that are not on lease land. The fear of the land owner not renewing the lease makes a lot of buyers and lenders a little nervous.
Currently, there are several condo buildings that don't have any land lease and include "Villa Warner" condos located at 6600 Warner Avenue in Huntington Beach. There is one condo listed for sale at $349,000 and features 1 bedroom, 1 bath with 754 square feet. "Huntington Gardens" located off Beach Blvd is another popular spot to look for condos with no land lease. Currently there is a 2 bedroom, 1 bath condo listed at $372,900 with low homeowners association dues of $280.00 a month. The "Cabo Del Mar" condo community is another option that has no land lease and features a 1 bedroom, 1 bath condo listed at $395,000. The final place to look in the Seabridge community near the downtown area. This is a gated community that features 2 condos listed at $400,000 in the "Seabridge Villas" neighborhood. This complex is gated and offers a lot of association amenities with dues at approximately $365.00 a month.
Places that DO have a land lease include Harbour Vista, Huntington West and the Gables community. If you don't want to own a condo with a land lease then we don't recommend these communities. We have gathered all of the condos that do not have a land lease below here. If you are not sure about a particular condo please give us a call at 949-482-1313 and we will check on that for you.
Huntington Beach 20191 Cape Coral Lane 3-218
Luxury resort beach living at its finest. Step into this wonderful 1 bed 1 bath beach home condominium in the gated community of Seabridge in Huntington Beach. Located just a short bike ride from the beach, Main Street and Pacific City. This 24 hour guard gated community has it all: pools, spas, tennis courts, sauna, gym, dog park and much more. With a remodeled kitchen, this spacious condo has granite countertops an open living space and Air Conditioning! Enjoy a large master closet with bea...$398,000
Huntington Beach 19771 Inverness Lane
Single-story end unit in a desirable neighborhood of Huntington Beach! This home sits inside the tract for more private enjoyment and comes with one assigned covered parking space. This home is turnkey and is a perfect starter home with low maintenance and plenty of upsides! Home has good closet space and a great floor plan. The large window in the living room provides plenty of natural light and a great view to the community courtyard. Home had minor remodel 10 years ago. Two carpet areas ar...$378,000
Huntington Beach 6600 Warner Avenue 210
Beautiful single level condo in the highly desirable GATED community of Villa Warner. This upgraded LARGE 1 bedroom, 1 bath condo with HUGE backyard is perfectly located in community with no road noise from Warner. Upgrades include remodeled kitchen with Italian marble counter tops, remodeled bathroom, wood floors throughout and double pane vinyl windows. The large patio is one of kind find for a 1 bedroom condo. HOA includes water, trash. Comes with a community storage unit specific to ...$355,000
Huntington Beach 20191 Cape Coral Lane 3-306
Awesome Beach Vibes here in the Penthouse of Seabridge ! Top Floor with Soaring Cathedral Ceilings ! Very Open and Bright with lots of Natural Sunlight - Pristine condition - Great Breakfast Bar is Enjoyable for all Occasions - Mirrored Wardrobe Doors - Inside Washer/Dryer - Large Balcony is so Perfect for Laying out for the most Beautiful California Tan, Or Enjoying some Drinks with Friends - Just a short walk to Tickle your Toes in the Sand or Surf the Best Waves in the World !!! Also Enj...$349,000
Huntington Beach 5071 Dorado Drive 109
WELCOME HOME to this Fully Remodeled Charming Studio Unit in the Resort-Style Gated Community of Cabo del Mar Unit, just a few Miles to the Beach and Steps to Wetland Trails. Great Location near Entry & Tennis Courts. This Lovely Home Boasts a Light & Bright Living Room w/Crackling Fireplace, an Upgraded Kitchen w/Granite Countertops, Newer Custom Cabinetry, Stainless Sink, Breakfast Bar w/Designer Lighting & Newer Stainless Appliances (Gas Stove, Microwave, New Refrigerator w/Icemaker), and ...$339,000
Huntington Beach 17191 Corbina Lane 109
"Price Reduced"! Complex in resort liked complex "Cabo Del Mar" is for perfect starter home buyers. Unit has been remodeled to kitchen and bath room. Hard wood kitchen cabinets, Quart Counter top were replaced in yr. 2018. Oval shape bathtub and overhead showed were installed by Home Depot licensed team in year 2018. Fresh air is through windows in front balcony, kitchen and bath room. Newly interior painted within two years. Newly wood shutter which separated living room from sleep are...$333,800