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9.58-Acre redevelopment opportunity with existing cash flow! Here's a great project with a lot of upside potential. Priced to sell! This offering is for a vacant trailer park (10-space) with cash flowing dual-panel billboard. This was a previously operational 10-unit mobile home park (last operated circa 2017), but was left vacant after the previous owner passed away. The park had water, sewer, electricity, and gas. Some of the utility infrastructure remains in place, but needs to be restored. The park has nearby amenities (fuel/groceries) ½ mile away and is located about 20 to 30 minutes from Ridgecrest / China Lake. The dual-panel billboard generates about $1,000 passive income each year and is fully managed and maintained by Sun Advertising LLC. This property may qualify for federal and state grants for redevelopment (https://www.hcd.ca.gov/grants-and-funding). Value-add opportunity: This is an ideal location for an EV Charging Station with additional grants available (https://afdc.energy.gov/laws/12744).
Property Details
State: CA
County: Inyo County
Parcel #: 037-190-01-00
Zoning: Mobile Home Park
Lot Size (Acres): 9.6 Acres
Lot Size (SF): 417,304 Sq. Ft.
Terms & Conditions
This is a sale of real property. Upon accepted offer, a Purchase Agreement will be sent via DocuSign. Buyer will have a 7 day contingency period to verify all property information and may cancel for any reason during that time.
Seller pays all closing costs. Closing is handled by a licensed, bonded, and insured escrow/title company. All funds and payments are processed through escrow. Buyer receives a recorded Grant/Warranty Deed. Clear, insured, and marketable title conveyed at closing.
