The 2-bedroom, 2-bath, 2,300-square-foot home has a location that way outclasses its modest structure. It sits on one of the best lots in Paradise Cove, a mobile home park atop a bluff overlooking the Pacific Ocean, where it also captures views of Santa Monica Bay. He adds that mobile homes in Paradise Cove without ocean views typically sell for between $300,000 and $600,000, making the area accessible to residents who otherwise would be priced out of the market. Because this listing is a mobile home, there's a $2,000-a-month charge for renting the lot. "You don't own the land, only the home," says Carter, who also happens to be a Paradise Cove resident. "But there are advantages to that, such as no property taxes." Check out a gallery of interior and exterior photos below.