Active Adult Community
115 Poinsettia Gardens Drive Unit 115 Ventura, CA 93004
115 Poinsettia Gardens Drive Unit 115, Ventura, CA, 93004
$525,000
For Sale
$525,000
Updated home in a gated 55+ community with attached two-car garage, private patio, and HOA amenities including water and trash.
Property Size1,536 SF
Price / SF$341.80
Days on Market39
Property Features for 115 Poinsettia Gardens Drive Unit 115
General Information
- Standard status
- Active
- Size
- 1,536 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1984
Listing agency
Redfin Corporation
(877) 973-3346
Listed by
Blaine Ostrander · License #01178207
(877) 973-3346
Source
Compass
Added: Jun 15 Updated: Jul 22 at 3:55PM Checked: Jul 22 at 3:55PM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
Located in the gated community of Poinsettia Gardens at 115 Poinsettia Gardens Drive, Unit 115, this updated home is designed for comfortable 55+ living. The layout includes a formal living room, dining room, indoor laundry room, a spacious eat-in kitchen, and a bright sunroom. The primary suite offers a large bedroom and a spacious en-suite bathroom, along with a comfortable guest bedroom and a full guest bathroom.
The home features an attached two-car garage, plus a private patio and yard. Updates include tasteful improvements throughout, with new carpeting planned to be installed or a buyer credit available.
Residents also benefit from HOA amenities and services, including water, sewer, and trash; a clubhouse; an indoor lap pool and spa; and a fitness center. A dedicated HOA board supports the community, which is managed to provide active adult living within Poinsettia Gardens.
The home features an attached two-car garage, plus a private patio and yard. Updates include tasteful improvements throughout, with new carpeting planned to be installed or a buyer credit available.
Residents also benefit from HOA amenities and services, including water, sewer, and trash; a clubhouse; an indoor lap pool and spa; and a fitness center. A dedicated HOA board supports the community, which is managed to provide active adult living within Poinsettia Gardens.
Key Highlights
- Built in 1984, located in the gated Poinsettia Gardens 55+ community
- Attached two‑car garage plus private patio and yard
- HOA dues include water, sewer, and trash service
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 | $55.3k | $36.00 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $53.1k | $34.56 |
| − OpEx | −$23.9k | −$15.55 |
| NOI | $29.2k | $19.01 |
1,536 SF · lease $36.00/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$417.1K
$365.0K – $486.6K
NOI $29,196 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$927.3K
$811.4K – $1.08M
NOI $64,911 @ 7.0% cap · market cap 12.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Mobile home & RV park - Updated home in a gated 55+ community with attached two-car garage, private patio, and HOA amenities including water and trash.
Where is this mobile home & rv park located?
The property is located at 115 Poinsettia Gardens Drive Unit 115 Ventura, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Built in 1984, located in the gated Poinsettia Gardens 55+ community; Attached two‑car garage plus private patio and yard; HOA dues include water, sewer, and trash service
