122 Pueblo, Topanga, CA 90290

$250,000
Sold Price
$250,000
List Price
$300,000
Closing Date
Dec 28, 2023
MLS#
IV23032848
Status
SOLD
Type
Land

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 2 parcels. The other parcel is 158 Apache St. Come take a look for yourself!

Additional Information

Pool
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of EXP REALTY OF CALIFORNIA INC, CRAIG CHASTAIN. Selling Office: RE/MAX Estate Properties.