Malibu Canyon 3/3 near Malibu Creek State Park & beach
Placed in Manufactured Homes ||
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Located in Malibu Canyon ,Across the street from Malibu Creek State park, nestled in the Santa Monica Mountains, and 4 miles from Malibu beach, (convenient to Pepperdine University,Hughes Research Laboratories and the high tech companies on Agoura Rd in Calabasas) this home offers 2/2 w/ 1400 square feet plus bonus bedroom & bath. A nature lover’s retreat, this home is shaded by coastal oaks, with views of Goat Buttes from the LR window. It features new carpet, beamed ceilings, recessed lighting, woodburning stove, laminate kitchen flooring, custom tile countertops, hand rubbed plaster walls, a claw foot tub, solar window screens, crown moldings, skylights, french door, central air/heat and lots of storage.
Motivated to sell, bring all offers
Enjoy the cool canyon breezes on your covered patio, nicely landscaped and lit with Malibu lighting; or in the fenced grassy side yard (pet sized). Park at your front door, there is a covered carport with room for 2 cars. You will enjoy views of the mountains in Malibu Creek State Park , open spaces immediately adjacent to the back yard, and hiking trails everywhere. If you like birds and wildlife, this is the place for you.
The property features abundant fruit trees; apple, plum, guava, apricot and more. There is a quaint old barn that offers below-market storage units. The Blue Dude Mobile Home Park a small pet-friendly park with only 15 homes. It was once a dude ranch serving horse back riders who rode the trails into Malibu Creek State Park. It retains much of its rustic canyon style charm. It is part of a larger community known as Monte Nido, a “dark sky community” and lovely horse country.
The spaces in this park are leased, the rent for the new owner will be $1050. With gas, electricity and water, the monthly should be approx $1200 plus whatever mortgage there may be. There are at least two sources of mortgage money for mobile homes in So CA, CRM Funding and Murphy Bank. The space is approx 65X65.
Recent comps in the park, for this size home, range from 275,000 - 225,000. Financing is availalbe on this model. In this area of Southern California, a one bedroom condo is $400,000. Also in the neighborhood is Pepperdine University and Cottontail Ranch (now converted to the prestigious Calmont private school).
OK, so why would anyone buy a mobile home, rather than a house? I can tell you three reasons why I have owned three of them in Malibu and Pacific Palisades.
1. you are only renting life anyway, what difference does it make that you are renting the land?
2. you can live in a beautiful place that you couldnt afford to, otherwise (a home this size in this zip code would be at the very lowest $550,000, a tiny condo is $350,000)
3. it is way better than renting, because for the same amount of monthly output, you drive up to your front door, enjoy the privacy of no adjoining walls, and even in an earthquake, you wont get squashed, like those apt dwellers did in the 1994 Northridge quake. Obviously you wouldn’t want to live in a manufactured home in “tornado alley” but here in So CA it is an awesome way to enjoy an area where your neighbor paid $6,000,000 for the same view!!
Besides all that, there are wonderful neighbors here, helpful in every way. School district is another consideration, this is the LVSD Las Virgenes Schools are very highly regarded. What can you lose by coming to see it? Check it out.
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