Topanga, CA 90290,120 Navajo Lane
Topanga, CA 90290,120 Navajo Lane
Topanga, CA 90290,120 Navajo Lane
8
$350,000
Est.Price: ?

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2 BD
3,000 Sqft Lot

120 Navajo Lane Topanga, CA 90290

Est. payment /mo
SOLD DATE : 04/04/2023

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Key Details

Sold Price $350,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID IV23001508

Bedrooms 2

HOA Fees $650/mo

Lot Size 3,000 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 $$ day one! Potential future upside is if/when the current tenants vacate, to further improving the site and sell for big profits. Currently manufactured homes that are selling with the land are trading +/- $700,000. This lot can be purchased individually or as a package deal buying all 3 parcels. The two other parcels are 122 Pueblo Ln and 158 Apache St. Come take a look for yourself!
INVESTOR OPPORTUNITY! Listing is for the land itself. The lot currently has a manufactured home and resident living in it, that is not for sale, nor will be relocated. The current monthly income amount from the land lease paid by the tenant is +/- $2000/mo (see supplements for P&L). This land is a great opportunity for investors looking for a good income producer making you $$ 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 Topanga (90290)

Zoning Estimated

Exterior

Pool Community/Common

Others

Monthly Total Fees $650

Acceptable Financing Cash, Conventional

Space Rent $1,928

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by CRAIG CHASTAIN • EXP REALTY OF CALIFORNIA INC
Bought with NON LISTED AGENT • San Diego

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agent

Wendy Carter

Real Estate Agent | CA DRE#02059416

+1(858) 716-6750

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