$1 Million Mobile Homes

Beachfront mobile homes in Southern California are fetching staggering prices.

1 minute read

February 14, 2005, 1:00 PM PST

"The value of mobile homes within walking distance of the surf has shot up tremendously in the last few years, reflecting a dramatic change in status for these dwellings. These trailers aren't the housing-market dregs; they're a sensible solution for some seeking the life of Malibu Barbie.

Kirk Murray, a Realtor with Pritchett-Rapf & Associates who has sold many mobile homes in Malibu, watched last year as one went for $795,000, and then sold again for $995,000 two months later. Another month after that, it was on the market again for $1.25 million."

Thanks to Laura Kranz

Read the full story: Sold: $1,000,000

Sunday, February 13, 2005 in The Los Angeles Times

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