{"id":1004492557,"date":"2020-11-12T08:11:36","date_gmt":"2020-11-12T16:11:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004492557"},"modified":"2025-02-19T03:50:29","modified_gmt":"2025-02-19T11:50:29","slug":"los-angeles-mhc-sites-trade-for-22m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/","title":{"rendered":"Los Angeles MHC Sites Trade for $22M"},"content":{"rendered":"
\"\"<\/a>

Windward Village Community. Image via Google Maps<\/em><\/p><\/div>\n

Saunders Property Co. has acquired 102 of the 303 homes within Windward Village Community in Long Beach, Calif., for $21.6 million from private investors, public records show. The new owner financed the acquisition with a $15.5 million loan from Sunwest Bank.<\/p>\n

Located at 3595 Santa Fe Ave., some 2 miles from the intersection of interstates 710 and 405, the property is situated within a dense residential area that includes several other manufactured housing communities. Additionally, the asset is almost 7 miles from the Port of Long Beach and roughly 20 miles south of downtown Los Angeles.<\/p>\n

The gated community became a planned unit development in 2006, with homes ranging from two to four bedrooms and equipped with central AC, appliances and low to no maintenance yards. Common-area amenities include a sports court, club house, playground and outdoor cooking area.<\/p>\n

Southern California has been struggling with a growing affordable housing crisis over the past few years. With affordable stock not keeping up with demand, manufactured housing is considered to be a viable solution<\/a> to the affordability issue.<\/p>\n","protected":false},"excerpt":{"rendered":"

Saunders Property Co. purchased a part of the 303 homes within Windward Village Community. <\/p>\n","protected":false},"author":748,"featured_media":1004492566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21742,15],"tags":[49513,46715],"class_list":["post-1004492557","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-latest","category-west","tag-manufactured-housing","tag-sunwest-bank"],"acf":[],"yoast_head":"\nLos Angeles MHC Sites Trade for $22M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Los Angeles MHC Sites Trade for $22M\" \/>\n<meta property=\"og:description\" content=\"Saunders Property Co. purchased a part of the 303 homes within Windward Village Community.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T16:11:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-19T11:50:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Windward-Village-Community-e1605194826576.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1047\" \/>\n\t<meta property=\"og:image:height\" content=\"786\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lucia Morosanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/\",\"name\":\"Los Angeles MHC Sites Trade for $22M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Windward-Village-Community-e1605194826576.jpg\",\"datePublished\":\"2020-11-12T16:11:36+00:00\",\"dateModified\":\"2025-02-19T11:50:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1077c2cf363c47bc75d1ab4c42b53bb5\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-mhc-sites-trade-for-22m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Windward-Village-Community-e1605194826576.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2020\/11\/Windward-Village-Community-e1605194826576.jpg\",\"width\":1047,\"height\":786,\"caption\":\"Windward Village Community. 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