158 Apache

Topanga, CA 90290

$300,000
Price
2
Beds
1,300 Sq. Ft.
$231 / Sq. Ft.
1,300
Sq. Ft.
$231
per Sq. Ft.

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 $$ day one! Potential future upside is if/when the current tenants vacate, to further improving the site and sell for big profits....Investor opportunity! Listing is for the land itself. The lot currently has a manufactured home and resident living in it, that is not for sale, nor will be relocated. The current monthly income amount from the land lease paid by the tenant is +/- $2000/mo (see supplements for P&L). This land is a great opportunity for investors looking for a good income producer making you $$ 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!
  1. Listed by CRAIG CHASTAIN • DRE #01868232 • Brokerage DRE #01878277 • EXP REALTY OF CALIFORNIA INC • offers@topproducingbroker.com

Property Details for 158 Apache

View
Neighborhood
Parking Spaces Total
0
Private Pool
No
Total Units
1.0
Building Type
Detached
Lot Size Source
Estimated
Living Area
1300
Assessor Parcel Number
4434-054-217

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, CRAIG CHASTAIN, DRE #01868232
Add your commute
LISTING UPDATED: 04/29/2024 06:11 AM

Property Details for 158 Apache

StatusActive
MLS #IV23221791
Days on Market149
Taxes-
HOA Fees$650 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.07 AC / 3,000 SF
CountyLos Angeles County

Location

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, CRAIG CHASTAIN, DRE #01868232
Add your commute

Building Information for 158 Apache

Stories-Residences-Year Built1965Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$2,475 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$188

HOA Dues

$650

The Payment Calculator is for illustrative purposes only.

Property Information for 158 Apache

Income / Expense / Tax Details
Income Details
  • Gross Income: $25,435
  • Gross Scheduled Income: $23,138
  • Net Operating Income: $13,717
Expense Details
  • Operating Expense: $11,718
  • New Taxes Expense: $2,338
  • Electric Expense: $60
  • Insurance Expense: $0
  • Trash Expense: $0
  • Total Expenses: $11,718
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Census Tract: 8001.03
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 1
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: 0
  • Miscellaneous: Value in Land
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 4434-054-058
  • Lot Features: Value In Land
  • Number Of Units: 1
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Unknown
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,928
  • Unit Type Total Rent: $1,928
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 158 Apache

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 158 Apache

Taxable ValueLand$164,182Additions-Total$164,182
Tax Record2023$2,252 ($188 / month)
Home Facts
Beds1Lot Size1,495,344 SqFtStyleCondominiumZoningLCA11*CountyLOS ANGELESAPN4434-054-058

Schools near 158 Apache

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 6 to 8
Charter - 9 to 12
Rating
School
Distance
Paul Revere Middle School
Charter6 to 8

Woodland Hills Charter Academy
Public6 to 8

Palisades Charter High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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158 Apache is a multi-family home for sale in Topanga, CA 90290. This property was listed for sale on January 4, 2023 by EXP REALTY OF CALIFORNIA INC, it's currently listed at $300,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Woodland Hills Elementary Charter For Enriched Studies, Paul Revere Middle School and Woodland Hills Charter Academy. 158 Apache is a 2-bed, 0-bath, 1,300 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP REALTY OF CALIFORNIA INC, CRAIG CHASTAIN, DRE #01868232

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.