158 Apache Street

Topanga, CA 90290

$240,000

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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!

Listing Information

Close Price $240,000
Close Date Thursday, August 1st, 2024
Status Closed
MLS IV23221794
HOA $650
Type Land
Lot Size 3,000
Structure Size N/A
DOM 208
Courtesy Of EXP REALTY OF CALIFORNIA INC
Listing Agent CRAIG CHASTAIN DRE#01868232

Interior Features

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Exterior Information

Maps

Listing information courtesy of: CRAIG CHASTAIN, EXP REALTY OF CALIFORNIA INC . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 1st, 2024 at 5:54 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.