943 16th Street #5, Santa Monica, CA 90403

$230,000 Approx. USD 2 beds, 1 baths
820 sqft

Agent Remarks

Due to an overwhelming response we are no longer accepting applicants for this unit. We have an extensive list of candidates & new inquiries will not be returned. This unit is being strictly sold as required by the City of Santa Monica as the moderate-income unit for this new development per the Deed Restrictions imposed on the Unit. Owner must reside in unit (no leasing of unit is permitted). Any resale of the unit will be by same moderate income guidelines per the Deed Restrictions. Property is offered only to income approved purchasers as required by the City of Santa Monica's Moderate Income Guidelines per the Deed Restrictions. Purchase price is based on occupancy & depends on a formula. The formula used to calculate the purchase price for this unit is in the Deed Restriction. To be considered for this moderate income unit the maximum gross income is as follows per occupancy: 1 person -$59,800, 2 persons -$68,400, 3 persons -$76,900 & 4 persons -$85,400.

Listing Details

Property type: Condominium (Condo/Coop/Townhouse)
Status: Pending
MLS# 15-959941
List price is $230,000
Beds: 2
Baths: 1 (1 full)
820 sqft
2 Story stories
County: Los Angeles
Property style: Mediterranean
Parking type: Community Garage
Appliances: Dishwasher,Freezer,Refrigerator
Heating description: Central Furnace
MLS area: Santa Monica (C14)

Last Updated: 3/3/2017

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This listing belongs to the Santa Monica (C14) MLS area

The style of this listing is Mediterranean.
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Lat/Long: 34.031693, -118.490379.
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Broker: Courtesy of Partners Trust Santa Monica
Listing Agent: Ava Domanovski

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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