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158 Apache Street

Topanga, CA 90290
  • $300,000
  • STATUS: Active
  • ON SITE: 170 Days
  • ID#: IV23221794
UPDATED: 62 min ago
$300,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Craig Chastain of EXP REALTY OF CALIFORNIA INC (888-584-9427)


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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-25T14:36:53.13. 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.
www.thestefanieangelteam.com/homes/145816890
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158 Apache Street Topanga, CA 90290

  • Price: $300,000
  • Status: Active
  • On Site: 170 Days
  • Updated: 62 min ago
  • ID#: IV23221794
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
TOP - Topanga
County:
Los Angeles
Area:
TOP - Topanga
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!
Exterior Features

Lot Features Value In Land Sign On Property YN No View Neighborhood View YN Yes

Property Features

Additional Parcels YN No Association Fee 650 Association Fee Frequency Monthly Association YN Yes Common Interest None Community Features Suburban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning LCA11*



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-25T14:36:53.13. 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.
 
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The Stefanie Angel Team | Keller Williams Victor Valley
18333 Bear Valley Rd.
Hesperia CA, 92345
Listing Agent(s): Craig Chastain of EXP REALTY OF CALIFORNIA INC (888-584-9427)