Marquee High-Rise Tower in Irvine? Manhattan Style Living? (short sale, HOA)

[HarborEastGuy]

Has anyone bought in the Marquee High-Rise in Irvine. It seems like a
very Manhattan-like lifestyle. I also see 3 other towers are going up
in the same area. "The Plaza", "The Plaza 3000", and "Central Park West".

I know the homeowners fees are $800 to $1200 a month based on
the unit size. But there is no Melross tax.. Property tax is probably
about $1000 a month.

Does anyone live in this tower OR know all about it to give me the good
and bad? I see re-sale 2BR units for 750k to 850k on the internet. I am
hoping to buy end of this year..

Thanks
Tom

[kturbe]

Tom

These sold out so quickly it was amazing. The resale must be on the lower level as the higher ones were selling for 1m plus. The HOA is much more then a typical HOA w/the business center, conceirge etc. I have several buyers waiting for the new ones to be built and am planning on previewing as I think it is a great investment and will be in high demand for those career folk not looking for the typical single family home. If you would like send me a seperate email and I will keep you updated.
Best of luck!

[alexdao123]

I am a tenant here at the Marquee and also a Broker. We have few units going through the short sale process and the lower the level the better priced they are. We have one in escrow right now at $608k. And another one we are working to get the banks to accept at $595k. SOme of these units used to be $800k and up. The HOA is a little high, but what you get is the security of 24hr, attendants, inside gym, outdoor pool, and other little amenities, 2 car parking and a very nice location to Irvine. If you need an more details please let me know. My name is Alex Dao and my office is 866-923-2568. Thanks. Hope this helps.