"I purchased it for $140,000 at the end of 2020 and rent the space in the mobile-home park where it sits. The lot price is rent-controlled, so annual increases don't exceed 3%. Between the rental fee and my mortgage, I pay about $2,000 a month to live here an especially good deal if you consider just how expensive LA can be."
"One of the best parts of my home is the private outdoor space, an incredible feat in Los Angeles. By adding camping chairs with cupholders and a projector, my tiny backyard has become an especially great spot for the monthly outdoor movie nights I host with friends."
"My home's only real drawback is the limited storage: I have just two closets and a crawl space. One closet contains most of my clothes, and the other has to hold, well, everything else: bedding for my guest bed, board games, offseason clothes, cat carriers, suitcases, craft supplies, holiday decorations, a Bissell, and much more."
A 771-square-foot mobile home in Los Angeles provides an affordable living option at $2,000 monthly, including rent and mortgage. The rent-controlled lot ensures stable costs. The home features amenities like in-unit laundry and a fenced yard, making it more appealing than local rentals. Outdoor space is utilized for hosting movie nights with friends. However, storage is limited, requiring creative solutions for organizing belongings. Overall, the mobile home offers a comfortable lifestyle within a high-cost area.
Read at www.businessinsider.com
Unable to calculate read time
Collection
[
|
...
]