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Space Rent Increases

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Kort & Scott Mobile Home Parks in California
Managed by Sierra Corporate Management

Below are examples of space rent increases in various California mobile home parks owned by Kort & Scott (K&S) and managed by Sierra Corporate Management (SCM), a Kort & Scott company. These examples were provided by mobile home park residents and are based on actual SCM Rent Statements. Kort & Scott space rent increases are compared to 100% CPI space rent increases. All numbers have been rounded up to the nearest dollar.

Note: Mobile home park listings are in alphabetical order. We will be expanding the charts to include additional mobile home parks and data. If you are a current or past resident living in a mobile home park owned by Kort & Scott and managed by Sierra Corporate Management, and you would like to anonymously contribute space rent increase data for publication on MHPHOA.com, please contact us and provide us with your details e.g. Year/Space Rent. The MHPHOA will perform the 100% CPI calculations for you.

Click/tap the mobile home park names to show or hide park data which is hidden by default. Hover/move your cursor over the line charts to display comparison data.

Stop Predatory Park Owners

  • Address: 777 South Temescal Street, Corona, California 92879
  • County: Riverside
  • Phone: 951-734-1094
  • Spaces: 132
  • Type: All Ages
  • 2024 Space Rent: $1,050 to $1,250
  • Purchased: May 2015, Amount: $16,700,000
  • Management: J & H Asset Property Management
  • DBA: Corona La Linda Associates LP, Corona La Linda GP LLC
  • DBA Filing: May 2015

Space Rent Increases 2002-2024
Kort & Scott Purchase: May 2015

  • Address: 1051 Site Drive, Brea, California 92821
  • County: Orange
  • Phone: 714-529-4131
  • Spaces: 289
  • Type: All Ages
  • 2024 Space Rent: $1,500 to $1,900
  • Leasehold Purchased: Jan 2018, Amount: $30,000,000
    Loan Type: Fannie Mae ARM, Chad Thomas Hagwood
  • Refinanced: Circa 2019-2021, Amount: $41,200,000
    Loan Type: Fannie Mae, Originator: Lument
  • Management: Sierra Corporate Management
  • DBA: Crestmont Lowertier Associates LP, Crestmont Uppertier Associates LP
  • DBA Filing: Dec 2017
  • Previous Owner: D & GJ Investments LLC (200801510023)

Space Rent Increases 2013-2024
Kort & Scott Purchase: Jan 2018

  • Address: 9320 Talbert Avenue, Fountain Valley, California 92708
  • County: Orange
  • Phone: 714-962-2112
  • Spaces: 193 + 1 Apartment
  • Type: All Ages
  • 2024 Space Rent: $2,100 to $2,250
  • Purchased: Jun 2011, Amount: $33,375,000
  • Refinanced: Circa 2019-2021, Amount: $42,000,000
    Loan Type: Freddie Mac, Originator: Lument
  • Management: Apex Residential Management
  • DBA: Fountain Valley MHP Associates LP, Fountain Valley MHP GP LLC, 9320 Talbert Associates LLC
  • DBA Filing: Apr 2011, Aug 2018

Space Rent Increases 2010-2024
Kort & Scott Purchase: Jun 2011

  • Address: 5450 North Paramount Boulevard, Long Beach, California 90805
  • County: Los Angeles
  • Phone: 562-531-3002
  • Spaces: 182
  • Type: All Ages
  • 2024 Space Rent: $1,300 to $1,500
  • Purchased: Mar 2021, Amount: $11,000,000
  • New Owner: Affordable Communities Inc (Maurice A. Priest)
  • DBA: ACI Friendly Village Inc
  • DBA Filing: Nov 2020

Previous Owner (KSFG)

  • Purchased: Feb 2014, Amount: $23,000,000
  • Management: Sierra Corporate Management
  • DBA: Friendly Village GP LLC, Friendly Village MHP Associates LP
  • DBA Filing: Nov 2010, Jan 2014

Space Rent Increases 2012-2020
Kort & Scott Purchase: Feb 2014, Sold: Dec 2019

  • Address: 23701 South Western Avenue, Torrance, California 90501
  • County: Los Angeles
  • Phone: 310-326-1000
  • Spaces: 257
  • Type: All Ages
  • 2024 Space Rent: $1,600 to $1,800
  • Refinanced: Jun 2005, Amount: $94,700,000, 4/6 MHP Package
    Loan Type: Fannie Mae FRM, Chad Thomas Hagwood
  • Refinanced: Dec 2013, Amount: $158,000,000, 4/8 MHP Package
    Loan Type: Fannie Mae FRM, Chad Thomas Hagwood
  • Management: Bessire and Casenhiser
  • DBA: Knolls Lodge GP Corp, Knolls Lodge LP
  • DBA Filing: Jan 2002, Oct 2002

Space Rent Increases 2003-2024
Kort & Scott Purchase: 2003

  • Address: 9080 Bloomfield Avenue, Cypress, California 90630
  • County: Orange
  • Phone: 714-826-6211
  • Spaces: 305
  • Type: All Ages
  • 2024 Space Rent: $1,775 to $2,100
  • Purchased: Mar 2005, Amount: $19,795,000, Leasehold Rights Only
    Cash: $4,645,000, Loan: $15,150,000
    Loan Type: Fannie Mae DUS, Chad Thomas Hagwood
  • Refinanced 1: Dec 2013, Amount: $158,000,000, 6/8 MHP Package
    Loan Type: Fannie Mae FRM, Chad Thomas Hagwood
  • Refinanced 2: Apr 2018, Amount: $48,800,000
    Loan Type: Fannie Mae ARM, Chad Thomas Hagwood
  • Management: Sierra Corporate Management
  • DBA: Lincoln Center GP LLC, Lincoln Center MHP Associates LP
  • DBA Filing: Apr 2004
  • Ground Lease: Oct 1984, Lincoln Center Mobile Home Park LP (Bendetti Co)

Space Rent Increases 2000-2024
Kort & Scott Purchase: Mar 2005

  • Address: 19361 Brookhurst Street, Huntington Beach, California 92646
  • County: Orange
  • Phone: 714-962-7311
  • Spaces: 194
  • Type: All Ages (Previously 55+ Circa 2015)
  • 2024 Space Rent: $2,150 to $2,600
  • Purchased: 2012, Amount: $25,400,000
    Loan Type: Fannie Mae ARM, Chad Thomas Hagwood
  • Management: Investment Property Group
  • DBA: Rancho Huntington GP LLC, Rancho Huntington Owner LP
  • DBA Filing: Aug 2012

Space Rent Increases 2006-2024
Kort & Scott Purchase: 2012

  • Address: 320 North Park Vista Street, Anaheim, California 92806
  • County: Orange
  • Phone: 714-630-7704
  • Spaces: 190
  • Type: All Ages
  • 2024 Space Rent: $1,950 to $2,350
  • Refinanced: Oct 2016, Amount: $15,800,000
    Loan Type: Fannie Mae SARM, Chad Thomas Hagwood
  • Management: Sierra Corporate Management
  • DBA: Anaheim Associates LLC, Anaheim Associates LP, Anaheim GP Corp
  • DBA Filing: Nov 2000, Jan 2003

Note: Corporate Headquarters for Sierra Corporate Management (SCM)

Space Rent Increases 1995-2024
Kort & Scott Purchase: 2000/2001

  • Address: 17705 South Western Avenue, Gardena, California 90248
  • County: Los Angeles
  • Phone: 310-323-6703
  • Spaces: 120
  • Type: All Ages
  • 2024 Space Rent: $1,700 to $1,975
  • Management: Sierra Corporate Management
  • DBA: Royal Western GP Corp, Royal Western LP
  • DBA Filing: May 2000, Jan 2003

Space Rent Increases 1999-2024
Kort & Scott Purchase: 2000/2001

  • Address: 18204 Soledad Canyon Road, Santa Clarita, California 91387
  • County: Los Angeles
  • Phone: 661-252-3028
  • Spaces: 76
  • Type: 55+
  • 2024 Space Rent: $650 to $1,150
  • Purchased: Oct 2015, Amount: $3,270,000
    Loan Type: Fannie Mae ARM, Chad Thomas Hagwood
  • Management: Bessire and Casenhiser
  • DBA: Sierra GP LLC, Sierra MHP Associates LP
  • DBA Filing: Sep 2015

Space Rent Increases 2015-2024
Kort & Scott Purchase: Oct 2015

  • Address: 16444 Bolsa Chica Street, Huntington Beach, California 92649
  • County: Orange
  • Phone: 714-846-9693
  • Spaces: 167
  • Type: 55+
  • 2021 Space Rent (Before Purchase): $1,445
  • 2024 Space Rent: $2,300
  • Purchased: Aug 2021, Amount: $58,000,000
  • Management: Investment Property Group
  • DBA 1 and 2 (60%): Skandia MHC GP LLC (202118210090), Skandia MHC LP (202120400005)
    Managers: Michael H. Scott, Lee M. Kort
  • DBA 1 and 2 Filing: Jun 2021, Jul 2021
  • DBA 3 (40%): Skandia BLF LLC (202118210073)
    Manager: Brian L. Fitterer
  • DBA 3 Filing: Jun 2021

Space Rent Increases 2021-2024
Kort & Scott Purchase: Aug 2021

  • Address: 3530 Damien Avenue, La Verne, California 91750
  • County: Los Angeles
  • Phone: 909-593-4131
  • Spaces: 286
  • Type: 55+
  • 2024 Space Rent: $1,220 to $1,420
  • Purchased: Jun 2018
  • Management: Bessire and Casenhiser
  • DBA: Fountains La Verne MHP Associates LP, Fountains La Verne Uppertier Associates LLC
  • DBA Filing: Jun 2018

Space Rent Increases 2018-2024
Kort & Scott Purchase: Jun 2018

  • Address: 15352 Williams Street, Tustin, California 92780
  • County: Orange
  • Phone: 714-542-0637
  • Spaces: 192, Apartments: 2
  • Type: All Ages (Previously 55+ Circa 2005)
  • 2024 Space Rent: $1,500 to $1,950
  • Purchased: Jan 2005, Amount: $4,500,000, Leasehold Rights Only
  • Management: Bessire and Casenhiser
  • DBA: Tustin Village GP LLC, Tustin Village MHP Associates LP
    NorPlum LP (Ground Lease Holder)
  • DBA Filing: Dec 2004, Dec 2008

Space Rent Increases 2005-2024
Kort & Scott Purchase: Jan 2005

  • Address: 2901 Somersville Road, Antioch, California 94509
  • County: Contra Costa
  • Phone: 925-757-9321
  • Spaces: 150
  • Type: 55+
  • 2020 Space Rent: $1,175 to $1,275
  • Purchased: Nov 1995, Amount: $4,500,000
  • Refinanced 1: Nov 1998, Amount: $5,415,000
  • Refinanced 2: Jan 2005, Amount: $9,000,000
  • Refinanced 3: Jan 2007, Amount: $11,750,000
  • Refinanced 4: Jun 2016, Amount: $16,000,000
    Loan Type: Fannie Mae SARM, Chad Thomas Hagwood
  • Management: J & H Asset Property Management
  • DBA: Vista Diablo GP LLC, Vista Diablo Mobile Estates LLC, Vista Diablo Mobile Estates LP
  • DBA Filing: Sep 1995, Jan 2005

Space Rent Increases 1999-2017
Kort & Scott Purchase: Nov 1995

Consumer Price Index (CPI) U.S. Department of Labor, Bureau of Labor Statistics

All Urban Consumers, Los Angeles-Long Beach-Anaheim, California

The last column uses an example (not included in the Bureau of Labor Statistics data) of mobile home space rent starting at $450 per month in the year 1997 and currently (Apr 2024) at $953 per month. The difference in space rent is a 100% increase based on the yearly average CPI which is normally the maximum allowable increase under most California Mobile Home Park Rent Stabilization Ordinances (RSOs).

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg Rent
1997 2.2 1.9 1.6 1.4 1.3 1.7 1.2 1.5 1.5 1.4 1.5 1.8 1.6 $450
1998 1.2 1.2 1.0 1.2 1.8 1.8 1.6 1.8 1.3 1.3 1.7 1.4 1.4 $457
1999 2.0 2.2 2.2 3.0 2.4 2.0 2.3 2.3 2.8 2.5 2.3 2.3 2.3 $467
2000 2.3 2.9 3.5 2.4 2.9 3.4 3.6 3.5 3.6 3.9 3.8 3.7 3.3 $483
2001 3.8 3.6 3.2 3.5 3.7 4.6 3.8 3.6 3.2 2.6 2.7 2.1 3.3 $499
2002 2.7 2.7 2.8 3.2 2.9 1.7 2.2 2.6 2.6 3.0 3.3 3.7 2.8 $513
2003 3.5 3.6 3.9 3.0 2.1 2.4 2.3 2.1 2.6 2.2 1.7 1.8 2.6 $526
2004 1.8 1.9 1.8 2.3 3.7 4.0 3.8 3.3 3.3 4.5 5.2 4.4 3.3 $543
2005 3.7 3.8 4.0 4.8 4.2 3.6 4.1 5.2 5.8 5.4 4.4 4.5 4.5 $568
2006 5.4 5.1 4.7 4.7 5.4 5.2 5.0 4.3 3.4 2.2 2.7 3.3 4.3 $592
10 Year Average 1997-2006: 2.9
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg Rent
2007 3.2 3.5 3.8 3.5 2.9 2.9 2.9 2.6 2.3 3.5 4.2 4.2 3.3 $612
2008 3.9 3.1 3.3 3.1 3.7 5.4 5.7 5.1 4.5 3.4 1.0 0.1 3.5 $633
2009 -0.1 0.0 -1.0 -1.3 -1.8 -2.2 -2.6 -1.7 -1.0 -0.4 0.9 1.8 -0.8 $633
2010 1.8 1.4 1.9 1.9 1.8 0.9 0.9 0.8 0.4 0.7 0.7 1.3 1.2 $641
2011 1.8 2.3 3.0 3.3 3.1 2.9 2.4 2.4 3.1 2.8 3.0 2.2 2.7 $659
2012 2.1 2.1 2.0 1.5 1.6 1.6 1.9 2.3 2.2 3.0 2.1 1.9 2.0 $673
2013 2.0 2.2 1.3 0.9 1.0 1.4 1.3 0.8 0.6 -0.1 0.4 1.1 1.1 $681
2014 0.8 0.5 1.0 1.4 1.7 1.8 2.0 1.8 1.7 1.4 1.3 0.7 1.3 $690
2015 -0.1 0.1 0.5 0.5 1.1 0.8 1.4 1.1 0.7 1.0 1.6 2.0 0.9 $697
2016 3.1 2.4 1.7 2.0 1.4 1.8 1.1 1.4 1.9 2.2 1.8 2.0 1.9 $711
10 Year Average 2007-2016: 1.7
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg Rent
2017 2.1 2.7 2.7 2.7 2.5 2.2 2.5 2.8 3.1 3.1 3.6 3.6 2.8 $731
2018 3.5 3.6 3.8 4.0 4.1 4.0 3.9 3.9 3.9 4.1 3.6 3.2 3.8 $759
2019 3.2 2.5 2.7 3.3 3.1 3.3 3.3 3.0 3.0 3.2 3.2 3.0 3.1 $783
2020 3.1 3.4 1.9 0.7 0.9 1.4 1.9 2.0 1.2 0.7 1.0 1.5 1.6 $795
2021 0.9 1.0 2.2 3.6 3.9 4.0 3.9 4.0 4.6 5.4 6.0 6.6 3.8 $826
2022 7.5 7.4 8.5 7.9 8.0 8.6 7.7 7.6 7.8 7.5 6.0 4.9 7.4 $888
2023 5.8 5.1 3.7 3.8 3.2 2.5 2.7 3.3 3.2 2.4 2.8 3.5 3.5 $920
2024 2.5 3.4 4.0 3.9 3.5 $953
5 Year Average 2017-2021: 3.0
6 Year Average 2017-2022: 3.8

Source: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index, Los Angeles Area
Western Information Office, 90 7th Street, Suite 14-100, San Francisco, California 94103

CPI Line Chart 1997-2022 Los Angeles, San Francisco, West Urban, City Average