Pierhouse Condos Land Lease

Posted by Sam Smith Team 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 321

3d tour: https://my.matterport.com/show/?m=YbYxiyAjf8o&mls=1 Sun, sand, surf and superlative living just steps from the beautiful, blue sea. This elegant 1-bedroom condo at The Pierhouse offers everything you’ll need for a comfortable beach lifestyle. Step through the tiled entryway and into the open flow of living room, dining area, and handsome updated kitchen with granite countertops, stainless steel appliances rich dark wood custom cabinets, and breakfast bar. Wood floors sparkle in the ...$549,000

1 Beds
1 Baths
781 SqFt
14 Days On Market

Huntington Beach 1200 Pacific Coast 122

1200 PCH, Can't beat the Location, Just Walk Across the Street to Beach!!! Ocean & Sunset Views from Balcony!! Gorgeous 1 Bedroom, 1 Bath, Recently Completely remodeled, Quartz Kitchen Counters, Subway Tile Back Splash, Modern White Euro Cabinets, G.E. Stainless Steel Appliances, Pull Out Drawers, Breakfast Counter, LED Lighting, Refrigerator, Engineered Wood Floor, 6" Baseboards, Plantation Shutters, Built-In Closet Organizers, Beautifully Upgraded Bathroom, Frameless Shower Door, Living...$535,000

1 Beds
1 Baths
781 SqFt
16 Days On Market

Huntington Beach 1200 Pacific Coast 421

OCEAN VIEW PENTHOUSE with Vaulted Ceilings & Completely Furnished! Available May 1, 2020! Pierhouse is a gated community with a Resort style pool located on Pacific Coast Highway near Downtown and The Huntington Beach Pier. This Single Level One Bedroom One Bath Unit with an Open Floor Plan is available starting May 1, 2020 for 3 to 6 month lease term. Ocean view from Balcony with no stairs to climb! Steps to Sand and Downtown Activities and the New Pacific City. Fully Furnished.$3,000

1 Beds
1 Baths
781 SqFt
65 Days On Market

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