HAPPY HOLIDAYS
2019 is quickly becoming a memory, and 2020 is upon us. Ventura Marina Community celebrated recently with a huge Spark of Love party, Toys For Tots theme, and a lovely dinner for all residents, as well as the Ventura Fire Department. When the festivities ended the firefighters took the toys away in their trucks, so distribute to needy children. This is always a huge success.
DID YOU GO TO YOUR PROM?
This year Ventura Marina is having a Senior Prom for our annual New Year’s Eve party. Residents are encouraged to dress like they did when they had their Senior Prom–50’s, 60’s, 70’s. The clubhouse will be decorated for that era, there will be a band playing tunes from those days, and the evening will include a catered dinner, cocktails, photo booth, dancing, and a champagne toast when the ball drops in New York!! Sounds like fun!!
NOT CORPORATE OWNED
Many mobile home parks are owned by a corporation, which can put residents in a precarious position if the corporation decides to sell the entire park. Space rents could go up, and/or the entire park might be removed in order to build something on the property. This is not the case with Ventura Marina Community. Ventura Port District owns the land, and a private family lease the land from the Port District. The same family has leased the park since the beginning and will continue to re-sign for years to come. No danger in my lifetime of being evicted from my home. Ventura Marina Community is well-maintained and has an on-site resident manager to oversee the park. If you drive around you will see just how manicured everything is. There is a library, a car-wash, and a small laundromat that has been there for years, when folks did not have their own machines. There are 310 homes, many newer than 2010, and some built in 2019. Prices range from $300,000 up to $650,000, with space rents starting at $657.00 per month, up to $850.00 per month, and the rents are governed by rent control. The resident pays their own utilities.
WHAT ABOUT TAXES?
If you purchase a mobile home in a park where YOU DO NOT OWN THE LAND, you are taxed as personal property, since you don’t own the real estate. My own taxes this past year, for the entire year, were $110.00. So, even though I pay space rent, look how low my tax basis is!! If you own the land, you are taxed as real estate, so it is much higher. I have found that the majority of the parks where you own the land charge a lot for the land, and you get a much older home that requires extensive renovation. Food for thought.
Call me for further information 818-268-2200!
Sally Fisher
