Description
Buy this home outright for $1,649,000, or with just $17,488 down vs $329,800 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years. This updated 5BD/2BA Outer Parkside home offers a versatile lifestyle. Enjoy two full levels, each with a remodeled kitchen/wet bar, quartz counters, and LVP flooring perfect for multi-gen or income. Find privacy downstairs, and gather upstairs. Relax on the backyard deck with a firepit. Just blocks from Ocean Beach, SF Zoo, Muni, and top 9/10 schools. A convenient, nature-filled retreat! Estimated initial ground rent is $6,609/month, and increases annually with CPI. Buyout price based on greater of initial investment and propertys fair market value. Mortgage: Assumes 30-year FHA $482K mortgage with $12,139 monthly payment (7.65% APR). Terms vary based on program eligibility.
-
5BEDS
-
0.05ACRES
-
2BATHS
-
01/2 BATHS
-
1,700SQFT
-
$970$/SQFT
School Information
Description
Buy this home outright for $1,649,000, or with just $17,488 down vs $329,800 through Jubilees Joint Purchase Program You purchase the house, Jubilee purchases the land and then leases it to you. Your total monthly cost (mortgage + ground rent) is comparable to a traditional mortgage, and you can buy the land at any time within 99 years. This updated 5BD/2BA Outer Parkside home offers a versatile lifestyle. Enjoy two full levels, each with a remodeled kitchen/wet bar, quartz counters, and LVP flooring perfect for multi-gen or income. Find privacy downstairs, and gather upstairs. Relax on the backyard deck with a firepit. Just blocks from Ocean Beach, SF Zoo, Muni, and top 9/10 schools. A convenient, nature-filled retreat! Estimated initial ground rent is $6,609/month, and increases annually with CPI. Buyout price based on greater of initial investment and propertys fair market value. Mortgage: Assumes 30-year FHA $482K mortgage with $12,139 monthly payment (7.65% APR). Terms vary based on program eligibility.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-15T00:28:24.007. 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 deemed reliable but is not guaranteed accurate by the MLS or The Stefanie Angel Team | Keller Williams Victor Valley. Licensed in the State of California, USA.