California
Related: About this forumA Rare Middle-Class Paradise in L.A. Was Swept Away by Flames
LOS ANGELESIt was a sliver of paradise that people could actually afford, hidden along a coveted stretch of Southern California coastline.
Set across the highway from a sandy state beach and steps down a bluff from ultraluxury celebrity mansions, the Pacific Palisades Bowl Mobile Estates, a community of about 170 manufactured and mobile homes, was home to a middle-class jumble of longtime residents, young families with children and newer transplants living their beachfront retirement dreams. The homes, some of which offered vistas of the Pacific Ocean, were far more affordable than most of the larger houses on the hillside above. But the fire that roared through the moneyed neighborhood above it Tuesday afternoon also destroyed the Bowl, as its denizens affectionately call the park.
Owners of lower-cost homes are vulnerable to becoming permanently displaced following natural disasters. The fires that have swept through Los Angeles this week, devastating neighborhoods, represent one of the biggest disasters in state history. Mobile-home park residents are less likely than other homeowners to have insurance, said Andrew Rumbach, senior fellow at the Urban Institute. If park owners choose to rebuild, the high cost of construction and the need to bring decades-old parks up to current building codes usually means the parks become more expensive, he said.
Bowl residents dont know if they will ever be able to build back their unique and beloved community, which they say dates to the 1950s. Residents owned their houses, but not the land beneath them, and they dont know what the parks ownership will decide about its future.
Before the fire, the Bowl was a place where people would congregate on their terraces for happy hours and cinematic sunsets, leave bowls of soup on the doorsteps of ailing neighbors and band together to search for lost pets. Voice-over actors. Teachers. Bookkeepers. Surfers. Interior designers. Young children. The whoosh of the Pacific each night was a reminder of how good they had it in a place that had priced out so many others.
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https://www.wsj.com/us-news/a-rare-middle-class-paradise-in-l-a-was-swept-away-by-flames-dec045c3?st=bv4uzv&reflink=desktopwebshare_permalink
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ribrepin
(1,821 posts)and WSJ is letting you read for free
ribrepin
(1,821 posts)CaliforniaPeggy
(152,612 posts)Anyone who has lost their home is in for tough times. But the working poor really suffer. They lived a tenuous existence that now has been obliterated by fire.
JoseBalow
(5,880 posts)I looked it up on Zillow and did the math. Recently sold manufactured home values in Pacific Palisades go for up to $1.76M, with an average price of $733,464
Dem2theMax
(10,488 posts)Even at those prices.
I inherited a mobile home/manufactured home, from my parents. Luckily for me, when they put the mobile home on this lot, they also bought the land under it. It's in an upscale park, gated community.
Rural area, 15 minutes away from the closest city.
There are still mobile homes in here that were put in in the '60s, then in the '80s, and then the new ones. The new ones can go for $750,000, but most of those have a view. Even the ones put in during the '80s are going for over half a million. Unbelievable.
I'm in Southern California. Guaranteed higher prices for Real Estate.
MichMan
(13,716 posts)Why are they so expensive in California when they are made elsewhere and trucked in?
That amount of money would buy a McMansion around here and then some.
Hekate
(95,562 posts)If you read the article, you now know what people were willing to scrape up to buy a place with a view of the Pacific that you could reach out and touch. Theres one actual mansion that burned down that cost something like $85 Million Im betting the same view.
The difference between the mansion owner and these folks is that he no doubt has other houses he owns, while the Bowl residents have no such options.
MichMan
(13,716 posts)I understand putting a $125,000 home on a $600, 000 lot. Most however pay lot rent and fees monthly instead of directly owning the parcel.
If you already own the land then, it should only cost $125k to replace the home with a new one that is brought in on a truck. I don't understand how location makes the home itself cost more considering it is trucked in from somewhere else where it is built.
Liberty Belle
(9,624 posts)Now they have nothing. Nobody wealthy is likely to be living in a mobile home. The article cites one elderly couple that paid $120,000 for their home. These are folks we should have sympathy for.
Dem2theMax
(10,488 posts)I think they paid somewhere in the range of $120,000 to $140,000 for both the new mobile home and the land/lot.
The mobile home is just under 2,000 sq ft. It's what is commonly referred to as a triple wide. So the lot is bigger. I'm sure if I put in a few upgrades, I could sell it for over half a million. It has always boggled my mind. How in the world do people afford a home today? Any kind of home. If it weren't fully paid for, I couldn't afford to live here.
You look at these people who were really blessed to be able to live in such a special place. And now they are at the mercy of many companies, not to mention the landowner. I cannot imagine the stress they will be going through, and I feel for them.
Buddyzbuddy
(144 posts)working class to keep from getting priced out of their neighborhoods. Property taxes were kept close to the same as when the property was/is purchased. In Beverly Hills, you might have a multimillion dollar mansion with property taxes of $300,000 per year right next door to a property taxed at $4,000 per year. But, Pacific Palisades is not a middle class neighborhood. At least not since the late 80's. 5 years ago, a 2 bedroom townhouse could start at 2 million. Because it was so isolated it did have a small town, neighborly vibe. All of that will change.