$350,000
Sold

120 Navajo Lane

Topanga, CA 90290
0.07 acres | #IV23001497
Listing OfficeEXP REALTY OF CALIFORNIA INC
Type:Purchase
Structure:Land
Zone:Residential

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

Ann TrussellReal Estate Group
OR