Pierhouse Condos Land Lease

Posted by Sam Smith on Friday, July 6th, 2018 at 6:45pm.

One of the more popular condo buildings in Huntington Beach is the Pierhouse condo complex.  Located directly across the street from the sandy beach at 1200 Pacific Coast Highway.  Many love the prime location and wonderful ocean views that can be seen from select units in this building.  There are some fee's the come with living here that buyers need to be aware of before buying here.  First, there is a homeowners association dues that is paid on a monthly basis that currently runs $495.00 a month.  What's included in this price is Cable TV services, water, trash, cable TV, sewer, exterior landscaping and building maintenance, clubhouse, barbecue area and gated entrance.  There is also a second fee that a lot of people are not aware and has to do with a land lease.  

The land lease fee is currently $246.60 a month and is currently set to run through the year 2081.  A land lease basically means that you don't own the land underneath where the property is located and you are leasing it from the person or entity that owns the land.  Beyond the monthly payments this is usually not a big issue until the time frame that the lease expires.  Typically within a 10 year period of the expiration date properties can typically be harder to sell as there is a lot of uncertainty if the lease will renewed.  Lenders also have a very hard time as far as giving buyers loans for properties where they can't guarantee that the buyers will be able to live in the property for 30 years based on a 30 year based loan.  The current status if the lease will be renewed or not has not been communicated but 2081 is still another 63 years away so there is still time.  It's just an issue that most buyers should be aware of when buying a condo in this complex.  For additional questions on these condos please contact any of our Huntington Beach Real Estate agents at 949-482-1313.

Pierhouse Huntington Beach Condos | Huntington Beach Real Estate

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Huntington Beach 1200 Pacific Coast 214

LOCATION LOCATION LOCATION....AND THE BEST PANORAMIC OCEAN VIEW in the entire Pierhouse complex!! This 2nd floor end unit (no one to the south side of you) features an extended deck overlooking the pool and spa area. This is being sold as-is, so someone can come in and add their own personal touches. However, the paint, flooring, and stainless steel oven range are brand new. Large mirrored wall in main room really accentuates the view. Condo comes with 2 parking spots and 1 storage space in g...$595,000

$595,000
1 Beds
1 Baths
781 SqFt
20 Days On Market

Huntington Beach 1200 Pacific Coast Hwy 107

WELCOME HOME TO HUNTINGTON BEACH PIER!!!! REMODELED BEACH BUNGALOW!!!! AMAZING OCEANFRONT PROPERTY FACING THE PRISTINE SHORELINE OF SURF CITY USA~~ STEPS AWAY FROM THE SAND ,WALKING DISTANCE TO THE PIER & MAIN STREET WHERE YOU CAN ENJOY GREAT DINNING, SHOPPING, LOCAL EVENTS AND ENTERTAINMENT ~~~PLUS MINUTES TO OCEANFRONT PACIFIC CITY THAT OFFERS MORE SHOPPING AND FINE DINNING ~~~THIS BEACH BUNGALOW OFFERS AN OPEN FLOOR PLAN, LARGE PATIO ,HARDWOOD FLOORS, NEW KITCHEN AND BATHROOM, COUNTER TOP...$465,000

$465,000
1 Beds
1 Baths
781 SqFt
18 Days On Market

Huntington Beach 1200 Pacific Coast Highway 113

Wonderful 1 bedroom corner unit condo located in a well maintained complex right across the street from the famous Huntington Beach and a few short blocks from downtown and the pier. This unit offers an extra large patio and it is close to the association pool, spa and BBQ area from where you can admire the ocean view. Beautiful wood laminate flooring throughout except entry and bathroom. Mirror walls in living room and dining area. Kitchen is open overlooking the family room and offers whit...$449,000

$449,000
1 Beds
1 Baths
781 SqFt
9 Days On Market

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