April 2018

We get a lot of questions regarding the Lakeshore Gardens land lease in Carlsbad, California.  First, these are manufactured homes in a secure gated community near the beach.  Many of our clients get excited due to the close proximity to the beach and low real estate prices that currently start at $129,000 for this senior community where one resident must be at least 55 years old.  The trade off for the low real estate prices is that you don't own the land underneath your home.  This is often called a "land lease" or "space rent" when dealing with manufactured homes.  Essentially, you are leasing that land where the manufactured home sits on which is paid on a monthly basis.  The space rents vary from property to property so it's important to check with