$240,000
$300,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
1,300 SqFt
SOLD DATE : 08/01/2024
Key Details
Sold Price $240,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $184
MLS Listing ID IV-23221791
Sold Date 08/01/24
HOA Fees $650/mo
Year Built 1965
Lot Size 3,000 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
Zoning LCA11*
Interior
Laundry None
Exterior
Garage Gated
Pool None
Community Features Suburban
View Y/N Yes
Building
Lot Description Value In Land
Sewer Other, Unknown
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