Address: 21301 Lake Shore Dr. California City 93534
Approximate value $: 330000
14 Condo's 110 miles North of Los Angeles, in East Kern County, high desert near Edwards Air Force Base & Mojave Industrial Aerospace projects. Two - 2 bedroom units, Six - 1 bedroom units, Six - Studio Units. Complex has 40 units on 4.5 acres, situated on a 26 acre city owned lake, Tierra Del Sol Golf course on the other side. Rental income and 35% ownership/control. We hold 2 board of director positions. Live in one and rent the other 13 out. Current owner is 89 years old and we need something easier to maintain. We own a mall in Oregon, so something closer to our mall would be an option, a rural setting, acerage, some thing commercial if its not to complicated.
In exchange for House in Oregon
Approximate value $ : 30000-330000
We would condider trading 1 to all 14 condo's for somthing in Southern Oregon, no equity trades, we own ours clear and don't like making payments. Owner is 89 and needs less work. A rural small ranch/house, commercia maybe, but that means me (her son) running it. We own Oregon property now under property management, our condo's we manage on our own and my mother no longer drives. I like Southern Oregon, our mall is in Reedsport.
View of the Lake & Complex; http://www.youtube.com/watch?v=oVnt7oZOBAM&feature=fvsr