Enriched Mobile Homes to be Taxed as Personal Property

malibu_mobile_home__realestateandhomes__1_and_one_half_millionA measure which unanimously passed a California state Senate committee would reclassify mobile homes that have added foundations along Malibu’s tony seaside community as personal property, not vehicles, since they are now luxurious homes. In some cases, residents have purchased adjacent lots, and added architectural details, plus the foundations, disguising their origins.

These homes, high on the bluffs above the ocean, can bring up to $4 million, plus site rental of around $2,000 per month. As Reuters informs MHProNews, a recent online ad for a home in Point Dume Club is for a 1,700 square foot “architecturally perfect” home for $1,095,000.

Los Angeles County Tax Assessor Jeffrey Prang, who visited the communities recently, says construction is continuing. You’ll see a foundation with wood struts and in the middle you would see these black beams. You’d never know what they are to look at them, but they have these little metal identification plates that show the mobile home’s manufacturer,” notes Prang.

Sheila Dey, spokeswoman for the Western Manufactured Housing Communities Association, says, These trailers that were in Paradise Cove 60 years ago are still on the Vehicle License Fee. We feel they should have to pay property tax like everybody else.” The measure would only apply to new construction. ##

(Photo credit: realestateandhomes–Malibu CA $1.5 million mobile home)

matthew-silver-daily-business-news-mhpronews-com  Article submitted by Matthew J. Silver to Daily Business News-MHProNews.

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