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Renovated Manufactured Home

102-15181 Van Buren Blvd Riverside, CA 92503

102-15181 Van Buren Blvd, Riverside, CA, 92503
$272,999
Pending
For Sale
$272,999
Pending

Move-in-ready 3-bedroom, 2-bath manufactured home in a gated all-age community with central heating and air.

Property Size1,440 SF
Days on Market32

Property Features for 102-15181 Van Buren Blvd

General Information

Standard status
Pending
Size
1,440 SF
Property subtype
Manufactured In Park
Listing agency Real Brokerage Technologies
Listed by Emma Tompkins
Source Exprealty
Added: Jun 21 Updated: Jul 22 at 7:06AM Checked: Jul 22 at 7:06AM

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 Real Brokerage Technologies


Investment Insights

Based on property information with market context.

This fully renovated manufactured home offers 3 bedrooms and 2 bathrooms with an open, light-filled layout featuring vaulted ceilings and large picture windows. Interior updates include new recessed lighting throughout, fresh interior and exterior paint, and new flooring. The kitchen has been updated with new cabinetry, new countertops, and a full suite of new stainless-steel appliances. Both bathrooms have been remodeled with new vanities and lighting, and the guest bath includes a new shower. Central heating and air conditioning support year-round comfort, and the home also includes a brand-new deck for relaxing with panoramic mountain and canyon views.

Located at 102-15181 Van Buren Blvd in Riverside, the home is situated within Rancho Caballero, a gated all-age community. The property is positioned on rolling hills overlooking Mockingbird Canyon, with convenient proximity to the clubhouse and community pool.

Residents have access to extensive on-site amenities, including swimming pools, spa, fitness center, clubhouse, pickleball and tennis courts, basketball court, softball field, playground, dog park, RV storage, and social and recreational spaces.

Key Highlights

  • 3‑bedroom, 2‑bath manufactured home in gated, all‑age Rancho Caballero community
  • Fully renovated interior with new flooring, recessed lighting, and fresh interior/exterior paint
  • Updated kitchen with new cabinetry, countertops, and stainless‑steel appliances

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $42.3k $29.40
− Vacancy −$1.8k −$1.23
EGI $40.6k $28.17
− OpEx −$18.3k −$12.67
NOI $22.3k $15.49
1,440 SF · lease $29.40/SF/yr · vacancy 4.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$318.7K
$278.8K – $371.8K (±1% cap)
NOI $22,307 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$493.5K
$431.8K – $575.8K (±1% cap)
NOI $34,545 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Big Box & Wholesale Store Law Firm Hair Salon Electrical Service HVAC Service Gym & Fitness Center Grocery & Convenience Store Daycare Center Pet Store Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Move-in-ready 3-bedroom, 2-bath manufactured home in a gated all-age community with central heating and air.
Where is this mobile home & rv park located?
The property is located at 102-15181 Van Buren Blvd Riverside, CA.
What is the asking price?
The asking price for this property is $272,999.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath manufactured home in gated, all‑age Rancho Caballero community; Fully renovated interior with new flooring, recessed lighting, and fresh interior/exterior paint; Updated kitchen with new cabinetry, countertops, and stainless‑steel appliances
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