3171 E Los Angeles Avenue

Description

Have you ever dreamed of owning your own lemon ranch? This ranch is a must see and is located in the desirable Somis growing zone! This offering includes two contiguous parcels with separate APN's which include two homes, and additional storage buildings. There is currently a strong and affordable ag water allocation with 296 shares of Zone Mutual Water which currently provides approximately 72 acre/ft per year to the property and any additional carryover of unused water allocation from the previous year. The annual allocation is priced very reasonably at a current cost of approximately $390/acre ft. The two combined parcels include approximately 28 acres of lemons and 1.5 acres of avocados. One home has 3 bedrooms/1 bath and the other 2 bedrooms/1 bath with plumbing for a second bathroom in the garage (tax assessor information states 4 bedrooms/2 baths). Huge Quonset hut for additional living space or equipment storage. This area and specifically this ranch have a history for prime production with a variety of crops being farmed in the valley. Over $400,000 in improvements to the lemon trees and ranch over the last two years and a new contract with Limoneira Packing. This wonderful ranch provides the opportunity to farm at a reasonable cost and enjoy the beauty of the Somis Valley and the tranquil views of the surrounding mountains. Sale includes APN 110-0-141-075.