10799 Sherman Grv Ave Sunland, CA 91040-2354

This exceptional investment opportunity presents the Oakdale Mobile Home Park, a fully occupied 87-unit community situated in the desirable Sunland neighborhood of Los Angeles, California. Boasting a 100% occupancy rate and a substantial net operating income (NOI) of $472,800, this property offers a compelling 5.00% capitalization rate on an asking price of $9,500,000. The park sits on a 6.71-acre parcel zoned LARMP (Los Angeles Residential Mobilehome Park). All 87 lots are currently occupied, generating a gross income exceeding $750,000. The property is conveniently located at 10799 Sherman Grove Ave, Los Angeles, CA 91040, and benefits from city utilities, with tenants responsible for all utility expenses. This presents a stable, low-maintenance investment with significant upside potential in a thriving Los Angeles community. The property's strong performance and high occupancy make it an attractive asset for investors seeking a secure and profitable addition to their portfolio. This is a rare opportunity to acquire a well-established, fully occupied mobile home park in a prime Los Angeles location.