Mobile Home with Enclosed
New
For Sale
$309,000
1307 Orangewood Square, Corona, CA 92882
The home includes two bedrooms, two bathrooms, a large living room, and an enclosed porch addition.
Property Size1,085 SF
Price / SF$284.79
Days on Market5
Property Features for 1307 Orangewood Square
General Information
Standard status
Active
Size
1,085 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
pool
jacuzzi
clubhouse
walking trail
gym
library
ponds
storage shed
Building Details
Buildings
1
Listing Agency:
Century 21 Garland
(951) 734-1264
Listed By:
Donna Curtner · License #00932735
(951) 256-8800
Source:
Realtyrightchoice
Added: Oct 7
Last Checked: Oct 11 at 5:53AM
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 Century 21 Garland
Investment Insights
Based on property information with market context.
This 1,085-square-foot home in a 55+ mobile home community offers two bedrooms, two bathrooms, and a large living room. An enclosed porch adds usable interior space. Recent and updated features include a composition roof installed in December 2025, repiping beneath the home, a newer water heater from January 2024, bathroom improvements, easy push-up shades, and a garbage disposal. A large storage shed provides additional storage.
The home occupies a corner lot near visitor parking. The community offers a pool, jacuzzi, clubhouse with activities, walking trail, gym, library, and ponds. RV parking spaces and the clubhouse are available to rent. The land is owned with the home, and there is no space rent.
The home occupies a corner lot near visitor parking. The community offers a pool, jacuzzi, clubhouse with activities, walking trail, gym, library, and ponds. RV parking spaces and the clubhouse are available to rent. The land is owned with the home, and there is no space rent.
Key Highlights
- 1,085‑square‑foot home with two bedrooms and two bathrooms
- Enclosed porch addition and large living room
- Composition roof installed in December 2025; water heater dates to January 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,293
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,860
$325.9K
Cap Rate 7%
$232,757
$232.8K
Cap Rate 9%
$181,033
$181.0K
Market Conditions
NOI Build-Up for 1,085 SF
Gross rent
$31.2K $28.80/SF
− Vacancy
−$1.6K −$1.50/SF
EGI
$29.6K $27.30/SF
− OpEx
−$13.3K −$12.29/SF
NOI
$16.3K $15.02/SF
Area
Corona, CA
Vacancy
5.20%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$325,860
Cap Rate 7%
$232,757
Cap Rate 9%
$181,033
Alternative Uses
Best Use
Apartment 5plus
$232.8K
$203.7K – $271.6K
NOI $16,293 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.5K
$295.3K – $393.7K
NOI $23,623 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,163
Businesses Nearby
Explore this area
Business Placement
Demographics for 92882, CA
67,894
Population
20,757
Households
3.3
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
11.8 sq mi
ZIP Area
5,754
Density / Sq Mi
$100,668
Median Household Income
$46,092
Median Earnings
$2,093
Median Rent
$653,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The home includes two bedrooms, two bathrooms, a large living room, and an enclosed porch addition.
Where is this residential income property located?
The property is located at 1307 Orangewood Square Corona, CA.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: 1,085‑square‑foot home with two bedrooms and two bathrooms; Enclosed porch addition and large living room; Composition roof installed in December 2025; water heater dates to January 2024
