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Laguna Terrace Park future in limbo

Full story: Laguna Beach Coastline Pilot

Family feud over ocean-view land is a hurdle to mobile-home park residents who want to purchase it.

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Good Luck Amy

Salt Lake City, UT

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Judge it!
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#1
Apr 29, 2007
 

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From BLUTOR
anonymous

Lucknow, India

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Judge it!
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#2
Apr 30, 2007
 

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yes, i can see the problem this would create
JWK

Los Angeles, CA

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#3
Mar 4, 2010
 

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Super greedy owners are gonna milk this cow until it's dead. I put 2 homes in there; did OK on one but the owner/mgmt queered 4 deals on the other and I ended up giving back all the profit on the first in land lease fees. Turnover rents are unreasonably high so none of the current owners cans sell without taking a bath...avoid this park at all costs.
Actually highest and best use of this land is more multi-million $ homes anyway. So forget dreams of retiring to the beach- at least in Laguna.
Anonymous

Nigeria

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#4
Apr 4, 2012
 
Super greedy is understatement. Heard one of fussing family members has died. So things may change. Grandfather who started this must be turning in his grave!!

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