Updated Triple-Wide Mobile
For Sale
$425,000
105-1930 W San Marcos Blvd, San Marcos, CA 92069
Updated kitchen with stainless steel appliances opens to landscaped outdoor space.
Property Size1,680 SF
Price / SF$252.98
Days on Market40
Property Features for 105-1930 W San Marcos Blvd
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Manufactured In Park
Amenities
back patio
garden boxes
pool
sauna
spa
billiards
pickleball
tennis courts
library
ping pong
lawn bowling
shuffleboard
exercise facility
Listing Agency:
Real Brokerage Technologies
(619) 885-0498
Listed By:
Michael Fox
(619) 885-0498
Source:
Exprealty
Added: Jul 24
Changed: Aug 31
Last Checked: Aug 30 at 9:54PM
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 1,680-square-foot triple-wide mobile home at Palomar Estates West includes two bedrooms and 2.5 bathrooms. The kitchen has been updated with stainless steel appliances, while the residence also provides a shed, garden boxes, and a rear patio framed by landscaping and orange trees.
The community offers extensive shared amenities, including a pool, sauna, spa, billiards room, pickleball and tennis courts, library, exercise facility, ping pong, lawn bowling, and shuffleboard. Residents also have access to organized activities such as dances, movie nights, club gatherings, meditation classes, water aerobics, potlucks, and holiday dinners. The property is located at 105-1930 W San Marcos Blvd in San Marcos, California.
The community offers extensive shared amenities, including a pool, sauna, spa, billiards room, pickleball and tennis courts, library, exercise facility, ping pong, lawn bowling, and shuffleboard. Residents also have access to organized activities such as dances, movie nights, club gatherings, meditation classes, water aerobics, potlucks, and holiday dinners. The property is located at 105-1930 W San Marcos Blvd in San Marcos, California.
Key Highlights
- 1,680‑square‑foot triple‑wide mobile home
- Two bedrooms and 2.5 bathrooms
- Updated kitchen with stainless steel appliances
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
$27,914
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
6.57%
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%
$558,280
$558.3K
Cap Rate 7%
$398,771
$398.8K
Cap Rate 9%
$310,156
$310.2K
Market Conditions
NOI Build-Up for 1,680 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
$53.4K $31.80/SF
− Vacancy
−$2.7K −$1.59/SF
EGI
$50.8K $30.21/SF
− OpEx
−$22.8K −$13.59/SF
NOI
$27.9K $16.62/SF
Area
San Diego County, CA
Vacancy
5.00%
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%
$558,280
Cap Rate 7%
$398,771
Cap Rate 9%
$310,156
Alternative Uses
Best Use
Apartment 5plus
$398.8K
$348.9K – $465.2K
NOI $27,914 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$769.7K
$673.5K – $898.0K
NOI $53,880 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,378
Businesses Nearby
Explore this area
Business Placement
Demographics for 92069, CA
49,407
Population
15,687
Households
3.1
Avg Household Size
34
Median Age
35%
College-Educated
83%
High-School Grad
18.5 sq mi
ZIP Area
2,671
Density / Sq Mi
$93,065
Median Household Income
$41,634
Median Earnings
$2,078
Median Rent
$714,700
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 - Updated kitchen with stainless steel appliances opens to landscaped outdoor space.
Where is this mobile home & rv park located?
The property is located at 105-1930 W San Marcos Blvd San Marcos, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,680‑square‑foot triple‑wide mobile home; Two bedrooms and 2.5 bathrooms; Updated kitchen with stainless steel appliances
