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Nick Coonis
  • Real Estate Investor
  • Acton, CA
71
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109
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New Construction SFR - Los Angeles County

Nick Coonis
  • Real Estate Investor
  • Acton, CA
Posted Mar 4 2016, 12:25

Hello BP, thought I'd finally start a diary on my project. To make a very long story short, we have finally broken ground on our 10 acres of land in Acton, CA which lays in the northern part of Los Angeles county, just below Palmdale and about Santa Clarita. Anyway we bought the property 6 years ago (almost to the day) and initially tried to build a site built home, which I designed and drew to construction documents for. Although I did get my plans stamped and approved by the building department, the home I had designed became way to expensive for us to build with our budget, and we ran out of money and time. After sitting on the property for a while, even putting it on the market for 6 months, we decided to try again and here we are! 

The House:

This time we went with a Modular home. This is not a manufactured or mobile home, but instead it is a stick built home, with 2 x 6 walls, that is built in a factory and shipped out the site in pieces (modules) and put together on site. We paid much extra for this time of home as opposed to a manufactured of the same floor plan. The reason being, the Modular home is deeded at the county as a regular single family home, no modile, no 433, etc. On paper it is no different than a site built home and appreciates and appraises the exact same.

It's a 4 bed room, 2 bath 1782 square foot home. Features: corian counter tops, hard wood maple cabinets, a 9" wide distressed pine plank flooring, 4/12 roof pitch, master bath with corner jacuzzi tub and separate shower, walk in closets, can lighting, open floor plan, stainless steel appliances, etc.

The Land:

10 acres in Acton, CA. A semi rural, horse property area in Los Angeles county. 

The Numbers:

Land - $50,000 (paid off)

House and all amenities - $155,000

Site work - $106,000

Loan and interest fees - $26,000

Total - $337,000

Appraised at $450,000. (future appraisal done to close the loan)

Status:

We just broke ground on Monday 2/29/16. The grading is about complete as of today and they are starting the foundation on Tuesday. I will keep updating the status as we go along. Thanks for reading!

Had to excavate and recompact the soil at the building site. Took about three days.

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Nick Coonis
  • Real Estate Investor
  • Acton, CA
71
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109
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Nick Coonis
  • Real Estate Investor
  • Acton, CA
Replied Oct 5 2016, 09:19

Now the house is pretty much complete. We had a contractor poor the front and back slabs. 

Then I had my brother in law build me some back steps out of pavers. They came out pretty nice!

Hired cheap labor to help with installing the floors. 

Here are some shots of the rough floor completely installed but unfinished. 

And here are some after I finished it with 5 coats of polyurethane. Had to wait 2 hours between coats, so this took me 10 hours....

I bought this old church pew that came from an old church in LA, and my wife refinished it in a distressed white.

I made an address sign out of some left over lumber scraps and stain from the floor.

The kitchen unpacking crew has arrived!

Got my TV!!! 60" fits right over the fire place. I had the builder run a conduit from behind the TV down to where that little black table is on the left side so I can hide all those cable in the wall.

I need to take some more interior pics and some landscaping pics. Will post those soon. This is my new view out the backdoor, we are loving it!

and can't beat the sunsets!

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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
1,243
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4,365
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Manolo D.#3 Contractors Contributor
  • Contractor
  • Los Angeles, CA
Replied Oct 9 2016, 08:50

Nick Coonis Wow nick. I am not sure if the timeline is any better. I thought it will be a 3-4 month project from dirt to doorbell. haha

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User Stats

109
Posts
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Nick Coonis
  • Real Estate Investor
  • Acton, CA
71
Votes |
109
Posts
Nick Coonis
  • Real Estate Investor
  • Acton, CA
Replied Oct 11 2016, 08:02

@Manolo D. Well we started building at the end of Feb, early March and we moved in August 1st, so about 5 months. Everything we've done since has been landscaping and decorating, which we've been doing ourselves.

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Anthony Caleca
  • New York City, NY
6
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52
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Anthony Caleca
  • New York City, NY
Replied Oct 25 2016, 06:21

awesome project absolutely love the flooring!!!! great job

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Charlene H.
  • CA
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6
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Replied Nov 17 2016, 12:49

This is so interesting!  Thank you for sharing.  I'm starting my own modular project, and it's helpful to see the process and costs.

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Sue Deely
  • Wabash, PA
0
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1
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Sue Deely
  • Wabash, PA
Replied Oct 1 2017, 17:36

Nick,

Any new modular projects? Are you building a modular home development? 

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Alex S.
  • Investor
  • Metro East of St. Louis (Illinois)
210
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255
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Alex S.
  • Investor
  • Metro East of St. Louis (Illinois)
Replied Jan 25 2018, 18:00

Love it.

I'm really believing that Modular is the future after seeing that.

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Ken Buck
  • Developer
  • Crested Butte, CO
19
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89
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Ken Buck
  • Developer
  • Crested Butte, CO
Replied Mar 20 2020, 21:48

https://www.biggerpockets.com/...

did you end up doing another one?.I'm really interested in bringing ours into CA. We spoke a while back you're project looks great