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Topanga, CA 90290,120 Navajo LN
Topanga, CA 90290,120 Navajo LN
Topanga, CA 90290,120 Navajo LN
$350,000
Est. payment /mo
$300,000
16.7%
Est.Price: ?

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3,001 Sqft Lot
SOLD DATE : 04/04/2023

Key Details

Sold Price $350,000

Property Type Manufactured Home

Sub Type Manufactured On Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV23001508

Condo Fees $650

HOA Fees $650/mo

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. 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*

Interior

Heating None

Cooling None

Laundry None

Exterior

Pool Community

Community Features Suburban, Pool

Utilities Available None

Building

Lot Description Value In Land

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by CRAIG CHASTAIN • EXP REALTY OF CALIFORNIA INC • offers@topproducingbroker.com
Bought with Carla Patterson • Rodeo Realty
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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