$350,000
$300,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
120 Navajo LN Topanga, CA 90290
1,300 SqFt
Key Details
Sold Price $350,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $269
MLS Listing ID IV23001508
Sold Date 04/04/23
HOA Fees $650/mo
HOA Y/N No
Year Built 1965
Lot Size 3,001 Sqft
Acres 0.0689
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. This lot can be purchased individually or as a package deal buying all 3 parcels. The two other parcels are 122 Pueblo Ln and 158 Apache St. 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
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Pool Community
Community Features Suburban, Pool
Utilities Available None
Private Pool No
Building
Lot Description Value In Land
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4434054032
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Carla Patterson • Rodeo Realty