Building Details

Floors in Building 1

Listing Agency: Ming Tree, Inc. Show Phone

Listed By: Larry O. Doss · License #01196417 Show Phone

Added: Aug 28, 2024 Changed: Oct 8 Last Checked: Oct 21 at 7:06PM

Report an Issue

MLS# 267689

Copyright © 2026 Humboldt Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This mobile home and RV park in Trinidad, California, includes 32 spaces, 4 homes, and a shop. The property encompasses 1.15 acres across 6 parcels, with a reported property size of 7,500 square feet. Zoning is Multi-Family.

Located at 305 Ocean in Trinidad, the property is within walking distance of the local school, city hall, restaurants, stores, harbor, and pier. The surrounding town context includes established civic, retail, dining, and waterfront destinations. The combination of dedicated park spaces, residential improvements, and an on-site shop provides a varied existing property configuration.

Key Highlights

• 32 spaces for mobile homes and RVs
• 4 homes and an on‑site shop
• 1.15 acres across 6 parcels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$89,308

Cap Rate

3.31%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,786,160 $1.8M

Cap Rate 7%

$1,275,829 $1.3M

Cap Rate 9%

$992,311 $992.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,500 SF

Gross rent

$174.6K $23.28/SF

− Vacancy

−$12.2K −$1.63/SF

EGI

$162.4K $21.65/SF

− OpEx

−$73.1K −$9.74/SF

NOI

$89.3K $11.91/SF

Area

Humboldt County, CA

Vacancy

7.00%

Lease Rate

$23.28 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,786,160

Cap Rate 7%

$1,275,829

Cap Rate 9%

$992,311

Alternative Uses

Best Use

Apartment 5plus

$1.28M

$1.12M – $1.49M (±1% cap)

NOI $89,308 @ 7.0% cap · market cap 3.31%

Second Best

—

—

no second resolved use

Theoretical Best

Flex RnD

$2.83M

$2.48M – $3.30M (±1% cap)

NOI $198,262 @ 7.0% cap · market cap 7.34%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

145

Businesses Nearby

Explore this area Business Placement

Demographics for 95570, CA

2,543

Population

1,495

Households

1.7

Avg Household Size

51

Median Age

58%

College-Educated

97%

High-School Grad

52.4 sq mi

ZIP Area

49

Density / Sq Mi

$72,143

Median Household Income

$39,123

Median Earnings

$1,840

Median Rent

$599,300

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Multi-family-zoned property includes homes, a shop, and RV and mobile home spaces.

Where is this mobile home & rv park located?

The property is located at 305 Ocean Trinidad, CA.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: 32 spaces for mobile homes and RVs; 4 homes and an on‑site shop; 1.15 acres across 6 parcels