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 307

Amazing OCEAN VIEW - FULLY FURNISHED - ONE OF A KIND - Turn Key - Beach collection decoration and eclectic décore included! Ocean is just steps away. Rarely on the market. Outstanding whitewater OCEAN view from your HUGE outdoor patio!! Property has beautiful crown molding, wainscoting, mirrored wall, mirrored wardrobe doors. Kegorator in wet bar! The kitchen boasts beautiful granite countertops, designer travertine backsplash, counter bar with stools. All GE Profile stainless steel appliance...$525,000

1 Beds
1 Baths
781 SqFt
35 Days On Market

Huntington Beach 1200 Pacific Coast 123

***** EVER WISH YOU HAD A SECOND CHANCE …. NOW YOU DO, PREVIOUS OFFER FELL OUT. ACT NOW ! ***** Excellent opportunity to own in this Amazing oceanfront community facing the pristine shoreline of Huntington Beach steps away from the sand and a short walking distance to the pier and Main street where a blend of shops and exceptional dining places are available. Open floorplan with ocean view from extra large entertaining patio. this bright unit is nicely upgraded with granite countertop, stainl...$475,000

1 Beds
1 Baths
781 SqFt
75 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...$475,000

1 Beds
1 Baths
781 SqFt
15 Days On Market

Huntington Beach 1200 Pacific Coast Highway 209

LOCATION LOCATION LOCATION - OCEAN VIEW - *****Available September 14th!***** All you need to bring is yourself!*****Totally UPGRADED- No Stairs (single level), Open Floor Plan! Steps to Sand and Downtown Surf City Huntington Beach! Stunning Beach condo. MOST AMAZING OCEAN VIEW from the Master bedroom and the main living area! Huge patio! Dual Master bedroom. 1 month - 9 month lease! Comes Fully furnished - Perfect for short term vacation rental/relocation or year round luxury beach living! "...$4,850

2 Beds
2 Baths
1,046 SqFt
362 Days On Market

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