Pacific Sands Land Lease

Posted by Sam Smith Team on Friday, September 14th, 2018 at 4:57pm.

Located near the cross streets of Indianapolis and Newman in Huntington Beach is the The Pacific Sands community.  It's not uncommon to find one story homes in the mid $700,000 range that average around 3 bedrooms with 1,300 square feet.  These are very popular homes that tend to sell very quickly if priced accordingly.  One thing to keep in mind when buying in this area is that some of the homes are on lease land.  The land fee will vary depending on the property as we have seen fee's around $193.00 to $250.00 a month.  

There are several good things about this land lease.  First, the land lease is set to expire in mid year 2020.  Second, since we are less than one year away many sellers are offering to pay the final payments through escrow. Buyer is often asked to pay the transfer fee for the land lease which works out to around 1% of the total selling price. Some listings that have been on the market have given the buyer the option to pay a termination fee of approximately $11,782 which waives the transfer fee.  This way the land will be deeded free and clear at the close of escrow. Of course, all of these numbers are merely estimates and we strongly recommend calling Allen Brock with Pacific Sands at (323) 850-6666, Ext. 24 with any questions.  Pacific Sands is a great place to live with home built in the early 1960's with no homeowners association dues.  To learn more about the Pacific Sands community please contact any of our Huntington Beach Real Estate agents at 949-482-1313 today.

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Huntington Beach 8131 Munster Drive

Welcome to Surf, Sand and Fun in the Sun! Enjoy the OC coastal lifestyle just a few short blocks to the beach, pier, shopping, dining and entertainment. Wake up to the sunrise as you sip your morning coffee in your own private courtyard in the highly desirable Pacific Sands neighborhood of South Huntington Beach. This light and bright 3Bd 2Ba beach house is a unique single story floor plan with skylights, 2 fireplaces, formal dining room, huge living room and spacious kitchen with breakfast b...$1,495,000

$1,495,000
3 Beds
2 Baths
1,636 SqFt
6 Days On Market

Huntington Beach 8172 Evelyne Circle

Available May 1, this upgraded PACIFIC SANDS four bedroom, two bath home is located at the end of a tree-lined cul-de-sac on an oversized lot with wonderful neighbors! Walking distance to Pacific City, downtown Huntington Beach, Peterson Elementary School, the ocean, shopping, dining, and Pacific Sands (swimming and tennis) Cabana Club! The enormous and ideally oriented south and west facing backyard is lined with tall hedges for privacy and features mature lime trees, hanging overhead lighti...$5,900

$5,900
4 Beds
2 Baths
2,000 SqFt
12 Days On Market

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