Seller's Agent in 2024
Craig Chastain
EXP REALTY OF CALIFORNIA INC
(909) 243-4251
3 in this area
141 Total Sales
158 Apache Topanga, CA 90290
Estimated Value: $310,587 - $357,000
2
Beds
1
Bath
1,300
Sq Ft
$258/Sq Ft
Est. Value
About This Home
As of August 2024INVESTOR 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!
Last Agent to Sell the Property
EXP REALTY OF CALIFORNIA INC Brokerage Email: offers@topproducingbroker.com License #01868232 Listed on: 12/06/2023
Last Buyer's Agent
EXP REALTY OF CALIFORNIA INC Brokerage Email: offers@topproducingbroker.com License #01868232 Listed on: 12/06/2023
Property Details
Home Type
- Mobile/Manufactured
Year Built
- Built in 1965
Lot Details
- 3,000 Sq Ft Lot
- No Common Walls
- 4434-054-058
- Value in Land
HOA Fees
- $650 Monthly HOA Fees
Home Design
- Manufactured Home With Land
Interior Spaces
- 2 Bedrooms
- 1,300 Sq Ft Home
- Neighborhood Views
Additional Features
- Suburban Location
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1
- Assessor Parcel Number 4434054217
Community Details
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $60
- New Taxes Expense $2,338
- Operating Expense $11,718
- Gross Income $25,435
- Net Operating Income $13,717
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 6, 2023
Closed on
Jul 25, 2024
Sold by
M & N Group Llc
Bought by
Bateman Charles Warren
Seller's Agent
Craig Chastain
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Craig Chastain
EXP REALTY OF CALIFORNIA INC
List Price
$300,000
Sold Price
$240,000
Premium/Discount to List
-$60,000
-20%
Views
407
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,196
Avg. Annual Appreciation
25.71%
Purchase Details
Closed on
Jul 16, 2005
Sold by
Hometown Ltd Lp
Bought by
M & N Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bateman Charles Warren | $240,000 | Ticor Title Company | |
| Bateman Charles Warren | -- | Ticor Title Company | |
| M & N Group Llc | $900,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | M & N Group Llc | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $240,000 | -20.0% | $185 / Sq Ft |
| 07/01/2024 07/01/24 | Pending | -- | -- | -- |
| 12/06/2023 12/06/23 | For Sale | $300,000 | -- | $231 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,336 | $240,000 | $240,000 | -- |
| 2024 | $2,336 | $167,465 | $167,465 | -- |
| 2023 | $2,252 | $164,182 | $164,182 | $0 |
| 2022 | $2,100 | $160,963 | $160,963 | $0 |
| 2021 | $2,082 | $157,807 | $157,807 | $0 |
| 2019 | $2,018 | $153,127 | $153,127 | $0 |
| 2018 | $1,930 | $150,125 | $150,125 | $0 |
| 2016 | $1,874 | $144,297 | $144,297 | $0 |
| 2015 | $1,804 | $142,130 | $142,130 | $0 |
| 2014 | $1,813 | $139,346 | $139,346 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Craig Chastain
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV23221791
APN: 4434-054-058
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
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