Manufactured Home in Mobile
For Sale
$199,950
Pending
112-8250 Lankershim Blvd, North Hollywood, CA 91604
3-bedroom, 2-bath manufactured home in a community with pool, gym, and clubhouse.
Property Size1,078 SF
Days on Market110
Property Features for 112-8250 Lankershim Blvd
General Information
Standard status
Pending
Size
1,078 SF
Property subtype
Manufactured In Park
Listing Agency:
The Agency
(424) 230-3700
Listed By:
Wolf Amer · License #02002555
(310) 383-3282
Source:
Exprealty
Added: May 21
Changed: Aug 20
Last Checked: Sep 6 at 12:53PM
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 The Agency
Investment Insights
Based on property information with market context.
Space 112 (labeled as Orange 18) is a 3-bedroom, 2-bath manufactured home with a spacious interior and a living area designed for everyday living and entertaining. The layout includes a master bedroom with an attached bathroom, plus additional bedrooms that can support a range of household needs. The kitchen features modern finishes and includes up-to-date appliances, and the home offers ample storage throughout.
Set within the North Hollywood community, residents can take advantage of on-site amenities including a refreshing pool, a gym, and a clubhouse. The property is located at 112-8250 Lankershim Blvd, North Hollywood, CA, and is described as being near local entertainment, dining, and shopping.
The listing also notes a monthly space rent of $1,532.
Set within the North Hollywood community, residents can take advantage of on-site amenities including a refreshing pool, a gym, and a clubhouse. The property is located at 112-8250 Lankershim Blvd, North Hollywood, CA, and is described as being near local entertainment, dining, and shopping.
The listing also notes a monthly space rent of $1,532.
Key Highlights
- 3‑bedroom, 2‑bath manufactured home in the North Hollywood community
- Over 1,000 sq ft of living space with a spacious living area and modern kitchen
- Master bedroom includes a private bathroom
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
$17,346
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
8.68%
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%
$346,920
$346.9K
Cap Rate 7%
$247,800
$247.8K
Cap Rate 9%
$192,733
$192.7K
Market Conditions
NOI Build-Up for 1,078 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
$34.3K $31.80/SF
− Vacancy
−$2.7K −$2.54/SF
EGI
$31.5K $29.26/SF
− OpEx
−$14.2K −$13.17/SF
NOI
$17.3K $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%
$346,920
Cap Rate 7%
$247,800
Cap Rate 9%
$192,733
Alternative Uses
Best Use
Apartment 5plus
$247.8K
$216.8K – $289.1K
NOI $17,346 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.2K
$505.0K – $673.4K
NOI $40,401 @ 7.0% cap · market cap 20.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
Demographics for 91604, CA
30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
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 - 3-bedroom, 2-bath manufactured home in a community with pool, gym, and clubhouse.
Where is this mobile home & rv park located?
The property is located at 112-8250 Lankershim Blvd North Hollywood, CA.
What is the asking price?
The asking price for this property is $199,950.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath manufactured home in the North Hollywood community; Over 1,000 sq ft of living space with a spacious living area and modern kitchen; Master bedroom includes a private bathroom
