$1,600,000
The Elms Mobile Estates mobile home park presents a unique opportunity to invest in an established, urban mobile home park. Located in the heart of Pico Rivera with all 25 land lease spaces are rented with long term tenants. 23 sites have manufacture homes/mobile homes and 2 have camper trailers. Lease sites vary in size. The park pays for water, sewer, and trash. Tenants pay gas and electricity -each has their own gas and electric meter. Currently no contract with a management company. Park has train tracks at the back of the property and commercial properties on either side. There is a 1 bedroom/ 1 bathroom home in the park with 1021 square feet of living space; currently uninhabitable.
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Listed by Maryanne Matson with Coldwell Banker Envision (562) 945-2221
Property Type
Multi Family
Status
Active
MLS Number
PW26002400
Year Built
1964
Lot Size
1.60 acres