335 Whittley #4, Avalon, CA

Studio Unit, 1 bath, Kitchen. This studio has a dividing wall forming a bedroom & living room. The wall does not make this a legal 1 bedroom unit and can be removed for more space however, it serves as a nice divider between the living and sleeping areas. This is a stock co-op. Ownership will be in the form of stock rather than a deed. The HOA is in the process of purchasing the land as well as converting the project into condominiums thus eliminating the co-op and stock. HOA dues currently $750/month of which approx. $384/month is applied to land purchase. The land including the proportionate share of common area is approximately $57,000 and may be financed after condo conversion. HOA dues for this unit will go up slightly after purchase as coop property taxes increase. The condo coversion is scheduled to be completed around January, 2010. There are 19 units in the complex. HOA dues now include trash, utilities (elec./water) cable tv,common area maintenance and land purchase.