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Looks like the residents of “Marina Park” will get to stay a little longer
March 2, 2010 by · Leave a Comment
The city of Newport Beach cannot afford to move forward with plans to tear down a bay front Mobile Home Community it currently owns and build a city park. Read article here.
City of Palm Springs fails to stop Mobile Home Park subdivision
February 22, 2010 by · Leave a Comment
City of Palm Springs tried to deny the conversion of the Palm Springs View Estates Mobile Home Park to a subdivision with individual lots which could be sold to individual park residents. Palm Springs Investment Co. vs City of Palm Springs
Fight over mobile home park housing likely headed back to court
January 27, 2010 by · Leave a Comment
A park owner in Soquel, CA (Santa Cruz County) is trying to subdivide his mobile home park. Read article here
Ventura Mobile Home Park Being Sold to Residents
December 29, 2009 by · Leave a Comment
If you are a California rent control mobile home park owner….take notice!!!!!
I just read this morning that a well maintained, 40 year old, 125 space rent control park is being sold to the park residents. This sale reportedly could bring in up to $200k per space! The park residents will have the option to either [...]
Mobile Home Sells for $1,060,000 in Malibu
December 8, 2009 by · Leave a Comment
I read this morning that a mobile home sold for $1,060,000 in a Malibu mobile home park. See this blog post.
Malibu, like Santa Cruz, Sequel etc., is one of the many cities with a rent control ordinance that allows park residents to benefit (at the expense of the park owner) when selling a mobile home [...]
New Oregon Mobile Home Park Liability Case 11/18/09
December 1, 2009 by · Leave a Comment
If you own a mobile home park and one of your tenants coaches is unsafe, you may be liable.
This case involved a guest of a park resident, that fell down the entry stairs of a coach and sued both the coach owner and the mobile home park owner. The park owner filed for summary judgment [...]
California Rent Control Ordinances
November 24, 2009 by · Leave a Comment
There is no state wide rent control in California and an investor must be careful to research the current laws where a potential investment is located.California Rent Control Ordinances