Only in Topanga: travel trailers listing for almost $300,000 — each.
An unidentified owner of three vintage, aluminum travel trailers has put them up for sale at a four-unit trailer park at 272 North Topanga Canyon Boulevard, the Los Angeles Daily News reported.
The asking price is $299,000 for each polished can, plus a land lease of $1,750 a month, or $21,000 a year.
The price of one trailer at space No. 1 was first listed in August for $495,000, according to Zillow, with the revised listing knocking 40 percent off its initial asking price. “Embrace the art of simple living in the enchanting surroundings of Topanga,” the listing says.
Located near Topanga village and less than five miles from the surf break at Topanga Beach, the “Airstream-like” trailers are billed as an affordable housing alternative within the pricey canyon enclave.
Topanga Canyon winds from the western San Fernando Valley to the beach between Malibu and Pacific Palisades, skirting some of the most expensive homes in the Los Angeles market.
In November, the typical home value in Topanga was $1.49 million, a 3.5 percent drop from a year earlier.
“Location is the star of the show, for sure,” broker Christopher Damon of Coldwell Banker Realty, who shares the listing with Alicia Damon, told the Daily News.
Damon also serves as CEO and manager of the unidentified limited liability company that bought the property in March 2016 for $361,000, which works out to about $120,000 per trailer.
The property, described on Zillow as “a sweet little money maker,” had one trailer for rent in October for $2,995 per month.
Another retro trailer and a tiny home are on the lot, but a separate LLC owns the trailers, Damon said.
Each retro trailer, marketed as one-bedroom, one-bathroom “studio homes,” is unique, and they’ve all been gutted and remodeled. The square footage of each isn’t known.
The trailers, which sit in a trailer park dating to 1952, have “open floor plans” with off-white walls and vinyl wood floors.
Kitchens come with butcher block countertops, breakfast bar seats, cabinets, “farmhouse sinks” and modern fixtures. Bathrooms have above-counter sinks, modern fixtures and showers.
Each trailer has a sitting area, with residents sharing a fenced landscaped garden and patio, with a fire pit and Adirondack chairs.
With Pepperdine University 12 miles down the canyon, Damon expects the trailers will appeal to students.
“This is a lifestyle choice for someone, and talking affordability,” he told the newspaper. “It is the most affordable way to get into Topanga.”
In September, actress Sarah Paulson listed a 500-square-foot trailer at 16 Paradise Cove Road at Paradise Cove Mobile Home Park in Malibu for $1.8 million.
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