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Mobile Home & RV Park with Deck
For Sale
$475,000

122-699 N Vulcan Ave, Encinitas, CA 92024

Three-bedroom, two-bath open-concept home with indoor laundry, French-door access to an outdoor deck, and a covered two-car carport.

Property Size1,349 SF
Price / SF$352.11
Days on Market102

Property Features for 122-699 N Vulcan Ave

General Information

Standard status Active
Size 1,349 SF
Property subtype Manufactured In Park
Listing Agency: Coldwell Banker Realty
Listed By: Tiffany Weis · License #01471832
Source: Exprealty
Added: Jul 21 Changed: Oct 26 Last Checked: Oct 28 at 3:15PM

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 Coldwell Banker Realty

Rey
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Investment Insights

Based on property information with market context.

This mobile home offers an open-concept layout that combines the kitchen, dining, and living room for a seamless flow. The home features three spacious bedrooms and two full bathrooms with upgraded fixtures and cabinetry, including a custom shower in the master bath. An indoor laundry room includes pantry storage cabinets, a sink, and a folding counter.

French doors lead to an outdoor deck, and the property sits on a large lot with a separate finished structure that has its own electrical panel. That additional space can be used as an office, yoga room, storage room, or hobby room, and there is also a two-car covered carport. The community offers a remodeled clubhouse and pool.

Located at 122-699 N Vulcan Ave in Encinitas, the home is described as within walking distance to the beaches, schools, the Farmer’s Market, shopping, restaurants, entertainment, and the Leucadia area. No rentals of any kind are allowed, and there are no traditional property tax or HOA fees.

Key Highlights

  • Open‑concept kitchen, dining, and living room layout
  • Three bedrooms and two full bathrooms, including a custom master shower
  • Indoor laundry room with pantry storage cabinets, sink, and folding counter

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,414
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,280 $448.3K
Cap Rate 7%
$320,200 $320.2K
Cap Rate 9%
$249,044 $249.0K
Market Conditions
NOI Build-Up for 1,349 SF
Gross rent
$42.9K $31.80/SF
− Vacancy
−$2.1K −$1.59/SF
EGI
$40.8K $30.21/SF
− OpEx
−$18.3K −$13.59/SF
NOI
$22.4K $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 Rate 5%
$448,280
Cap Rate 7%
$320,200
Cap Rate 9%
$249,044

Alternative Uses

Best Use
Apartment 5plus
$320.2K
$280.2K – $373.6K (±1% cap)
NOI $22,414 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$618.1K
$540.8K – $721.1K (±1% cap)
NOI $43,265 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

770
Businesses Nearby

Demographics for 92024, CA

51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Three-bedroom, two-bath open-concept home with indoor laundry, French-door access to an outdoor deck, and a covered two-car carport.
Where is this mobile home & rv park located?
The property is located at 122-699 N Vulcan Ave Encinitas, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Open‑concept kitchen, dining, and living room layout; Three bedrooms and two full bathrooms, including a custom master shower; Indoor laundry room with pantry storage cabinets, sink, and folding counter
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