********************************************* LAND LEASE ***************************************************************** MAJOR PRICE ADJUSTMENT. Out-of-state seller risks losing their upleg. This home needs to be sold ASAP. Super-clean, remodeled single-level end unit with a small ocean view. Kitchen eating area. Overlooks the community pool. Close to Corona Del Mar High and Our Lady Queen of Angels Church. This property is located on leased land. The Irvine Company owns the land. Lease payment is currently $ 2,622.24 per year. The Land Lease Buyout Amount is $481,062.00 with a lease expiration of 2041. Buyer to verify actual lease amounts at closing. If a buyer needs financing, include a pre-approval letter from a lender addressing the land lease with your offer. For questions regarding the land lease, email Cyndi Akers at cakers@irvinecompany.com.
Listing courtesy of Listing Agent: Keith Randle (kbrandle@yahoo.com) from Listing Office: Keith Randle, Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.