Chatsworth MHP

Los Angeles, CA 91311
Sold
$23,000,000
1
4
2
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$23,000,000
Chatsworth MHP, Los Angeles, CA 91311
Units
198
Year Built
1965
Acres
21.89

About the property

CRI Brokerage successfully represented both the buyer and seller in the sale of a 198-site, all-age mobile home community in Los Angeles County, situated on 21.89 acres.

Built in 1965, the community features primarily doublewide homes and offers desirable amenities including a clubhouse, pool, and on-site laundry facilities, along with RV storage.

Investment Highlights

  • Stable in-place income
  • Rent growth potential
  • Efficient utility structure
  • Strong market fundamentals
  • Value-add opportunities
  • Expansion or infill potential
  • High demand asset class
  • Limited local competition
  • Resilient cash flow profile
  • Expense optimization potential
  • Stable tenant base
  • Flexible hold strategy
  • Favorable demographics
  • NOI growth opportunities
  • Defensive market performance
  • Long-term income stability
Units
198
Year Built
1965
Acres
21.89

Thinking About Selling?

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Dimitre Petrov
Dimitre Petrov
Executive Vice President of Investments
[email protected]949-996-7096

Explore The Area

Financial Performance

The market remains strong, with high demand and low inventory. Whether you're just exploring or ready to sell, the right insights can help you move forward with confidence.

NOI (Pro Forma)

69%

Cap Rate

6%