$240,000
$300,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
3,001 Sqft Lot
SOLD DATE : 08/01/2024
Key Details
Sold Price $240,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV23221791
Sold Date 08/01/24
Condo Fees $650
HOA Fees $650/mo
HOA Y/N Yes
Year Built 1965
Lot Size 3,001 Sqft
Property Description
INVESTOR OPPORTUNITY! Listing is for the land itself. The lot currently has a manufactured home and resident living in it, that is not for sale, nor will be relocated. The current monthly income amount from the land lease paid by the tenant is +/- $2000/mo (see supplements for P&L). This land is a great opportunity for investors looking for a good income producer making you $$ day one! Potential future upside is if/when the current tenants vacate, to further improving the site and sell for big profits. Currently manufactured homes that are selling with the land are trading +/- $700,000. Come take a look for yourself!
Location
State CA
County Los Angeles
Area Top - Topanga
Zoning LCA11*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Suburban
View Y/N Yes
View Neighborhood
Private Pool No
Building
Lot Description Value In Land
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 4434054217
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with CRAIG CHASTAIN • EXP REALTY OF CALIFORNIA INC
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Broker Associate | Lic# 01905244