38525 90Th Street

Palmdale, CA 93591

$1,075,000

List Price

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Property 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.

Listing Information

List Price $1,075,000
Status Active
MLS IN25027762
Type Commercial
Subtype Mobile Home
Lot Size 100,624
Structure Size N/A
DOM 7
Courtesy Of Amberwood Real Estate
Listing Agent EUGENE CAMERON DRE#01371215
Co-Listing Agent Rene Nava DRE#00971777

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Location(s) See Remarks
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home_work Nearby Properties

Listing information courtesy of: EUGENE CAMERON, Rene Nava, Amberwood Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 14th, 2025 at 12:41 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.