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Updated over 4 years ago,
Purchasing agricultural land with SFH in SoCal
Possible JV partners and I have been looking into avocado groves in SoCal for alternative land ownership possibilities. I'm wondering if anyone has gone through with a similar purchase (avocado grove or wine vineyard) in the area, and if you would offer a lesson learned from your purchase experience. Details: We've been looking at groves that are sub 20 acres, usually near 300-325k asking price, most properties currently have professional management on the groves, and almost all of the properties are without main living structures.