Updated Two-Bedroom Mobile
For Sale
$174,900
133-14777 Palm Dr, Desert Hot Springs, CA 92240
Senior-community residence with resort amenities, private outdoor space, and flexible cooling systems.
Property Size960 SF
Price / SF$182.19
Days on Market134
Property Features for 133-14777 Palm Dr
General Information
Standard status
Active
Size
960 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
three pools
2 spas
clubhouse
library
exercise room
private backyard
enclosed patio
Listing Agency:
Four Winds Realty, Inc
(760) 671-6742
Listed By:
Rhonda Hubler · License #01711067
(760) 671-6742
Source:
Exprealty
Added: Mar 31
Changed: Aug 11
Last Checked: Aug 11 at 6:07AM
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 Four Winds Realty, Inc
Investment Insights
Based on property information with market context.
This 960-square-foot mobile home is located in a senior community and offers two bedrooms and two bathrooms. Interior improvements include laminate flooring, faux wood blinds, new cabinets, slab countertops with an island and pass-through, and newer appliances. A washer and dryer are included. Central air conditioning and evaporative cooling provide two climate-control options. The home also includes a mud room, a front-entry ramp, and an enclosed patio that can be upgraded. Outside, the private backyard features artificial grass and a patio, while two storage sheds sit beneath the carport.
Community amenities include three pools, two spas, a clubhouse, library, and exercise room. The property is situated at 133-14777 Palm Dr in Desert Hot Springs, California, with desert views and surroundings described as suitable for outdoor relaxation and neighborhood activities. The home is on a permanent foundation with recorded 433(a) documentation.
Community amenities include three pools, two spas, a clubhouse, library, and exercise room. The property is situated at 133-14777 Palm Dr in Desert Hot Springs, California, with desert views and surroundings described as suitable for outdoor relaxation and neighborhood activities. The home is on a permanent foundation with recorded 433(a) documentation.
Key Highlights
- 960‑square‑foot mobile home with 2 bedrooms and 2 bathrooms
- Senior community with 3 pools, 2 spas, clubhouse, library, and exercise room
- Updated interior with new cabinets, slab countertops, island, and newer appliances
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
$15,539
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
8.88%
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%
$310,780
$310.8K
Cap Rate 7%
$221,986
$222.0K
Cap Rate 9%
$172,656
$172.7K
Market Conditions
NOI Build-Up for 960 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
$28.8K $30.00/SF
− Vacancy
−$547 −$0.57/SF
EGI
$28.3K $29.43/SF
− OpEx
−$12.7K −$13.24/SF
NOI
$15.5K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /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%
$310,780
Cap Rate 7%
$221,986
Cap Rate 9%
$172,656
Alternative Uses
Best Use
Apartment 5plus
$222.0K
$194.2K – $259.0K
NOI $15,539 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.6K
$251.7K – $335.5K
NOI $20,132 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 92240, CA
40,920
Population
15,977
Households
2.6
Avg Household Size
34
Median Age
15%
College-Educated
78%
High-School Grad
35.7 sq mi
ZIP Area
1,146
Density / Sq Mi
$51,284
Median Household Income
$32,137
Median Earnings
$1,367
Median Rent
$294,200
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 - Senior-community residence with resort amenities, private outdoor space, and flexible cooling systems.
Where is this mobile home & rv park located?
The property is located at 133-14777 Palm Dr Desert Hot Springs, CA.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: 960‑square‑foot mobile home with 2 bedrooms and 2 bathrooms; Senior community with 3 pools, 2 spas, clubhouse, library, and exercise room; Updated interior with new cabinets, slab countertops, island, and newer appliances
