Tagged : Gables Huntington Beach

Found 3 blog entries tagged as "Gables Huntington Beach".

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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

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The Galbes in Huntington Beach is a great place to find lower priced condos near the beach.  One of the reasons for these low price points is that they are located on lease land.  The lease is scheduled to become due on December 31, 2059 according to current real estate listings in the Gables.  What does this exactly mean.  Here is a quick run down of the land lease situation.

First, owners of the gables don't own the land that is underneath their home and pay a yearly fee to use the land.  This is called a land lease with is essentially a contract to use the land for a certain period of time.  The fee is paid on top of the current $316.00 a month homeowners association.  One of the current listings has the and lease fee paid annually at $8400.00 which

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Finding a home under $100,000 may be difficult, especially when you are looking by the beach.  Huntington Beach surprisingly has several properties listed for sale under this price point.  These homes will typically be a one or two bedroom condo that are located approximately 10 minute to the beach.  One of the best deals on the market is a two bedroom unit located in the Gables community and offers two bedrooms, one bath and a total of 1,032 square feet of living space.  The condo comes with it's own laundry area, family room with fireplace and even it's own dining room!  

The Gables community is located on the outskirts of the Northwest Huntington Beach area that is surrounded by the Huntington Harbor.  From this location, it's an easy bike ride to