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Corner-Lot Residential Income Property
For Sale
$349,000

1253 Pear Avenue 105, Oxnard, CA 93033

Three-bedroom manufactured home with covered patios, central air conditioning, and access to family park amenities.

Property Size1,248 SF
Price / SF$279.65
Days on Market15

Property Features for 1253 Pear Avenue 105

General Information

Standard status Active
Size 1,248 SF
Property subtype Manufactured In Park
Listing Agency: RE/MAX Gold Coast-Beach Marina Office
Listed By: Javier Castro · License #01342011
Source: Tfregroup
Added: Sep 22 Changed: Oct 4 Last Checked: Oct 5 at 6:46PM

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 RE/MAX Gold Coast-Beach Marina Office

Investment Insights

Based on property information with market context.

This 1,248-square-foot manufactured home, built in 1996, occupies a corner lot within a family mobile home park. The interior includes an open living, kitchen, and dining arrangement, an updated kitchen with appliances, LED lighting, an interior laundry area, central air conditioning, and a furnace. The primary bedroom has an en-suite bathroom, upgraded vanity, and walk-in closet, while two additional bedrooms share a guest bathroom with a tub and shower combination.

Exterior features include covered parking, mature landscaping, a detached storage shed, and covered patios at the front, side, and rear. Community amenities include a pool, clubhouse, common laundry facilities, and maintained park grounds. The property is located just off Highway 1, with access to coastal beaches, hiking trails, shopping, and dining in the surrounding Oxnard area.

Key Highlights

  • 1,248‑square‑foot manufactured home built in 1996
  • Corner lot with covered parking and mature landscaping
  • Three bedrooms, including a primary suite with walk‑in closet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,017
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,340 $400.3K
Cap Rate 7%
$285,957 $286.0K
Cap Rate 9%
$222,411 $222.4K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$38.2K $30.60/SF
− Vacancy
−$1.8K −$1.44/SF
EGI
$36.4K $29.16/SF
− OpEx
−$16.4K −$13.12/SF
NOI
$20.0K $16.04/SF
Area
Oxnard, CA
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,340
Cap Rate 7%
$285,957
Cap Rate 9%
$222,411

Alternative Uses

Best Use
Apartment 5plus
$286.0K
$250.2K – $333.6K (±1% cap)
NOI $20,017 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.3K
$356.4K – $475.2K (±1% cap)
NOI $28,511 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Spa & Massage Center Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 93033, CA

79,539
Population
17,523
Households
4.5
Avg Household Size
32
Median Age
11%
College-Educated
57%
High-School Grad
32.2 sq mi
ZIP Area
2,470
Density / Sq Mi
$85,848
Median Household Income
$32,675
Median Earnings
$1,810
Median Rent
$549,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - Three-bedroom manufactured home with covered patios, central air conditioning, and access to family park amenities.
Where is this residential income property located?
The property is located at 1253 Pear Avenue 105 Oxnard, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,248‑square‑foot manufactured home built in 1996; Corner lot with covered parking and mature landscaping; Three bedrooms, including a primary suite with walk‑in closet
More about this property
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