Modern Mobile Home Corner
For Sale
$339,900
101-1635 W Covina Blvd, San Dimas, CA 91773
New 3-bed, 2-bath mobile home on a corner lot with side-by-side parking and a small backyard.
Property Size1,512 SF
Price / SF$224.80
Days on Market109
Property Features for 101-1635 W Covina Blvd
General Information
Standard status
Active
Size
1,512 SF
Property subtype
Manufactured In Park
Listing Agency:
Dalton Real Estate
Listed By:
Emmett Dalton · License #00959147
(805) 380-6132
Source:
Exprealty
Added: May 22
Changed: Aug 31
Last Checked: Sep 6 at 11:08AM
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 Dalton Real Estate
Investment Insights
Based on property information with market context.
A new mobile home offers a 3-bedroom, 2-bath layout with a bright, open floor plan. The spacious kitchen includes stainless steel appliances and connects to the living and dining areas, creating a single gathering space. The home sits on a corner lot with convenient side-by-side parking and includes a small backyard.
Located at 101-1635 W Covina Blvd in San Dimas, CA, the property’s corner positioning supports easy vehicle access via the side-by-side parking arrangement.
With its newer construction and straightforward indoor/outdoor setup, this is a turn-key option for a buyer seeking a modern mobile home configuration with parking convenience and outdoor space.
Located at 101-1635 W Covina Blvd in San Dimas, CA, the property’s corner positioning supports easy vehicle access via the side-by-side parking arrangement.
With its newer construction and straightforward indoor/outdoor setup, this is a turn-key option for a buyer seeking a modern mobile home configuration with parking convenience and outdoor space.
Key Highlights
- New 3‑bed, 2‑bath mobile home on a corner lot
- Side‑by‑side parking for convenient off‑street parking
- Bright, open floor plan with a living and dining area
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
$24,329
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
7.16%
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%
$486,580
$486.6K
Cap Rate 7%
$347,557
$347.6K
Cap Rate 9%
$270,322
$270.3K
Market Conditions
NOI Build-Up for 1,512 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
$48.1K $31.80/SF
− Vacancy
−$3.8K −$2.54/SF
EGI
$44.2K $29.26/SF
− OpEx
−$19.9K −$13.17/SF
NOI
$24.3K $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%
$486,580
Cap Rate 7%
$347,557
Cap Rate 9%
$270,322
Alternative Uses
Best Use
Apartment 5plus
$347.6K
$304.1K – $405.5K
NOI $24,329 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$809.5K
$708.3K – $944.4K
NOI $56,666 @ 7.0% cap · market cap 16.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,563
Businesses Nearby
Explore this area
Business Placement
Demographics for 91773, CA
34,592
Population
12,363
Households
2.8
Avg Household Size
44
Median Age
40%
College-Educated
93%
High-School Grad
15.0 sq mi
ZIP Area
2,306
Density / Sq Mi
$105,926
Median Household Income
$51,673
Median Earnings
$2,232
Median Rent
$754,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - New 3-bed, 2-bath mobile home on a corner lot with side-by-side parking and a small backyard.
Where is this residential income property located?
The property is located at 101-1635 W Covina Blvd San Dimas, CA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: New 3‑bed, 2‑bath mobile home on a corner lot; Side‑by‑side parking for convenient off‑street parking; Bright, open floor plan with a living and dining area
