Mobile Home on Corner
For Sale
$225,000
1-36200 Paradise Ranch Rd, Castaic, CA 91384
Built in 1998 with three bedrooms and two bathrooms, the home sits on a corner lot in Paradise Ranch.
Property Size1,232 SF
Price / SF$182.63
Days on Market65
Property Features for 1-36200 Paradise Ranch Rd
General Information
Standard status
Active
Size
1,232 SF
Property subtype
Manufactured In Park
Amenities
private pool
spa
clubhouse
Building Details
Year Built
1998
Listing Agency:
Luxury Collective
(424) 395-4841
Listed By:
Patricia Navarro · License #01707778
(818) 523-4582
Source:
Exprealty
Added: Jul 10
Changed: Sep 8
Last Checked: Sep 12 at 10:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxury Collective
Investment Insights
Based on property information with market context.
This built-in-1998 mobile home offers a 3-bedroom, 2-bath layout with an open floor plan designed for everyday living and entertaining. The kitchen includes ample cabinet and counter space, and the bedrooms are described as generously sized for comfort and storage. The property is positioned on a corner lot within the Paradise Ranch community.
Located at 1-36200 Paradise Ranch Rd in Castaic, the listing notes a low land lease of $845 per month. Community amenities include a private pool, spa, and clubhouse, providing on-site options for recreation and gatherings.
For buyers or tenants looking for a maintained mobile home configuration within Paradise Ranch, this residence combines a functional interior layout with community shared amenities and a defined land-lease payment.
Located at 1-36200 Paradise Ranch Rd in Castaic, the listing notes a low land lease of $845 per month. Community amenities include a private pool, spa, and clubhouse, providing on-site options for recreation and gatherings.
For buyers or tenants looking for a maintained mobile home configuration within Paradise Ranch, this residence combines a functional interior layout with community shared amenities and a defined land-lease payment.
Key Highlights
- 3‑bedroom, 2‑bath mobile home built in 1998 in the Paradise Ranch community
- Corner lot location in a peaceful community setting
- Spacious open floor plan for everyday living and entertaining
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$396,480
$396.5K
Cap Rate 7%
$283,200
$283.2K
Cap Rate 9%
$220,267
$220.3K
Market Conditions
NOI Build-Up for 1,232 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.2K $31.80/SF
− Vacancy
−$3.1K −$2.54/SF
EGI
$36.0K $29.26/SF
− OpEx
−$16.2K −$13.17/SF
NOI
$19.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$396,480
Cap Rate 7%
$283,200
Cap Rate 9%
$220,267
Alternative Uses
Best Use
Apartment 5plus
$283.2K
$247.8K – $330.4K
NOI $19,824 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$659.6K
$577.2K – $769.6K
NOI $46,173 @ 7.0% cap · market cap 20.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 91384, CA
28,585
Population
7,254
Households
3.9
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
103.6 sq mi
ZIP Area
276
Density / Sq Mi
$129,603
Median Household Income
$57,827
Median Earnings
$1,730
Median Rent
$693,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Built in 1998 with three bedrooms and two bathrooms, the home sits on a corner lot in Paradise Ranch.
Where is this mobile home & rv park located?
The property is located at 1-36200 Paradise Ranch Rd Castaic, CA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath mobile home built in 1998 in the Paradise Ranch community; Corner lot location in a peaceful community setting; Spacious open floor plan for everyday living and entertaining
