$300,000
158 Apache Street, Topanga CA 90290
Home Highlights
Property Type
Residential Income
Status
Closed
Listing ID
IV23221791
About this home
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!
Features
Listed by
EXP REALTY OF CALIFORNIA INC