THIS IS A BID & ASSUME AUCTION. You are bidding on the down payment and the full purchase price is $15,000. The duration of the note is 20 months. On a $1 down payment, the monthly payment would be approximately $750/month, including principal, interest, property taxes, and servicing fee. There is no prepayment penalty to pay the note off faster.
The down payment will be $1500
(which will be equal to the winning bid) and a deed preparation and recording fee of $500, plus a 10% fee of the $15,000 total (due to bid4assets) will be due within 3 business days of the auction's close and may be paid by, cashier's check, or wire transfer.
This is a land contract sale, where the deed is held in escrow and will not be recorded until the note is paid in full. All monies paid are non-refundable.
Bidders are responsible for due diligence on property condition, back taxes,
PLEASE MAKE SURE YOU'RE READY TO FUND THE DOWN PAYMENT BEFORE YOU BID!
0.18 Acres Near Lake Elizabeth – Build Your Mountain
Retreat in Lake Hughes, CA
Looking for a peaceful place to build your future home? This 0.18-acre residential lot is located
just off Montello Drive in Lake Hughes, California, offering beautiful mountain views and the
quiet lifestyle that makes this community so desirable.
The property features sloped terrain with utilities available at the street (buyer to verify),
providing a great opportunity to design a custom home that takes advantage of the surrounding
scenery. Whether you're planning a full-time residence, a weekend getaway, or a long-term
investment, this lot offers the perfect setting to enjoy nature and a slower pace of life.
Spend your weekends fishing or kayaking at Lake Elizabeth and Lake Hughes, explore the
hiking trails and scenic drives through the Angeles National Forest, or visit nearby Castaic Lake
Recreation Area for boating and outdoor adventures. While you'll enjoy the peace of mountain
living, you're still within easy driving distance of Santa Clarita, Lancaster, and the Antelope
Valley for shopping, restaurants, schools, and everyday conveniences.
Discount Cash Price: $
Or
Easy Terms available. Contact us..
Property Details
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County: Los Angeles County
Size: 0.18 acres
APN: 3225-033-069
Address: Montello Dr, Lake Hughes, CA 93532
GPS Center: 34.65935,
-118.3877
Annual Taxes: $239.82
Access: Paved Road via Montello Dr.
Legal description: Tract No 24829 Lot 98
Zoning info: R-1/Residential
Utilities available at streetWhether you're ready to build your dream home or secure land in one of Southern California's
scenic mountain communities, this property offers the location, views, and potential to make it
happen. Request the property details, pricing, and available financing options today.