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Key Details
Sold Price $240,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRIV23221794
Sold Date 08/01/24
HOA Fees $650/mo
HOA Y/N Yes
Lot Size 3,000 Sqft
Acres 0.07
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
Area Listing
Zoning LCA1
Interior
Fireplace No
Exterior
View Y/N true
View Other
Building
New Construction No
Others
Tax ID 4434054058
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with CraigChastain
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