Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    38525 90th Street, Palmdale, CA 93591
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    38525 90th Street
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    • MLS#: IN25027762 ( Mobile Home )
    • Street Address: 38525 90th Street
    • Viewed: 10
    • Price: $1,075,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: Not Available
    • Bldg sqft: 0
    • Days On Market: 65
    • Additional Information
    • County: LOS ANGELES
    • City: Palmdale
    • Zipcode: 93591
    • Provided by: Amberwood Real Estate
    • Contact: EUGENE EUGENE
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Presenting an exciting and rare opportunity to own an already established Mobile Home Park known as the "The Villagers Mobile Home Park" in the city of Palmdale. This "bulk sale" opportunity includes 15 mobile homes (8 privately owned + 7 park owned) on 1.25 acres plus the adjacent/separate back lot (parcel apn #3027 010 033) which adds another 1.06 acres which can possibly accommodate another 20 mobile homes with permits from the city but will need to be verified by buyer through the appropriate agencies. This park has plenty of upside potential with some infrastructure improvements, upgrading of park owned units, adding of more units to adjoining lot, create a new park on the back lot for RV short stays or re zoning of the entire back lot if allowed by the city. Current rents offer a CAP rate of 10.75%. Don't miss out on your chance to own 15 doors that are generating immediate income for much less than a 15 unit apartment building.
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    Features
    Additional Parcels Description
    1. 3027010033
    Assetclass
    1. Mobile Home Park
    Building Area Total
    1. 14000.00
    Commoninterest
    1. Planned Development
    Country
    1. US
    Electric Expense
    1. 600.00
    Expense Year
    1. 2024
    Land Use
    1. Mobile Home Park
    Laundry Features
    1. See Remarks
    Netoperatingincome
    1. 115540.00
    Otherexpense
    1. 500.00
    Parcel Number
    1. 3027010013
    Property Type
    1. Mobile Home
    Totalexpenses
    1. 13800.00
    Trash Expense
    1. 3000.00
    Uncovered Spaces
    1. 20.00
    Views
    1. 10
    Water Sewer Expense
    1. 6000.00
    Water Source
    1. Public
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836