Mobile Home with Clubhouse and
For Sale
$478,000
104-501 Moorpark Way, Mountain View, CA 94041
Well-maintained mobile home offers 3 bedrooms and 2 bathrooms within a community featuring a clubhouse and swimming pool.
Property Size1,200 SF
Price / SF$398.33
Days on Market97
Property Features for 104-501 Moorpark Way
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Amenities
clubhouse
swimming pool
Listing Agency:
Gold Orange Realty Inc.
(949) 572-5899
Listed By:
Joe Yan · License #01927933
(949) 572-5899
Source:
Exprealty
Added: May 8
Changed: Jul 22
Last Checked: Aug 11 at 11:54AM
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 Gold Orange Realty Inc.
Investment Insights
Based on property information with market context.
104-501 Moorpark Way is a beautifully maintained mobile home with approximately 1,200 square feet of living space. The interior features soaring ceilings, abundant natural light, and quality hardwood flooring in the main living areas. The floor plan includes 3 bedrooms and 2 bathrooms, with updated bathrooms and a sleek walk-in shower in the primary suite. The open-concept kitchen provides functional workspace and quality cabinetry and fixtures.
The home is located in the Mountain View community within the Premier Mountain View Los Altos (MVLA) Union High School District. The community offers resort-style amenities including a clubhouse and swimming pool.
Conveniently positioned for daily errands and commuting, the property provides quick access to Highways 101, 85, and 237, with shopping, dining, grocery stores, and parks all described as minutes away.
The home is located in the Mountain View community within the Premier Mountain View Los Altos (MVLA) Union High School District. The community offers resort-style amenities including a clubhouse and swimming pool.
Conveniently positioned for daily errands and commuting, the property provides quick access to Highways 101, 85, and 237, with shopping, dining, grocery stores, and parks all described as minutes away.
Key Highlights
- Approximately 1,200 SF mobile home with an open, airy layout featuring soaring ceilings and abundant natural light
- 3 bedrooms and 2 bathrooms, including a spacious primary suite
- Updated bathrooms with modern finishes and a sleek walk‑in shower
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
$22,810
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
4.77%
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%
$456,200
$456.2K
Cap Rate 7%
$325,857
$325.9K
Cap Rate 9%
$253,444
$253.4K
Market Conditions
NOI Build-Up for 1,200 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
$43.2K $36.00/SF
− Vacancy
−$1.7K −$1.44/SF
EGI
$41.5K $34.56/SF
− OpEx
−$18.7K −$15.55/SF
NOI
$22.8K $19.01/SF
Area
Santa Clara County, CA
Vacancy
4.00%
Lease Rate
$36.00 /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%
$456,200
Cap Rate 7%
$325,857
Cap Rate 9%
$253,444
Alternative Uses
Best Use
Apartment 5plus
$325.9K
$285.1K – $380.2K
NOI $22,810 @ 7.0% cap · market cap 4.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$724.5K
$633.9K – $845.2K
NOI $50,712 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
653
Businesses Nearby
Explore this area
Business Placement
Demographics for 94041, CA
15,604
Population
7,383
Households
2.1
Avg Household Size
36
Median Age
73%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
9,753
Density / Sq Mi
$168,980
Median Household Income
$96,520
Median Earnings
$2,927
Median Rent
$2,000,001
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 - Well-maintained mobile home offers 3 bedrooms and 2 bathrooms within a community featuring a clubhouse and swimming pool.
Where is this mobile home & rv park located?
The property is located at 104-501 Moorpark Way Mountain View, CA.
What is the asking price?
The asking price for this property is $478,000.
What are key features of this property?
This property features: Approximately 1,200 SF mobile home with an open, airy layout featuring soaring ceilings and abundant natural light; 3 bedrooms and 2 bathrooms, including a spacious primary suite; Updated bathrooms with modern finishes and a sleek walk‑in shower
