Turnkey Manufactured Home with Patio
For Sale
$599,000
135 Liberty, Newport Beach, CA 92660
Turnkey manufactured home with a fenced patio yard and carport access, located within a community offering pools, private beach, and amenities.
Property Size1,152 SF
Price / SF$519.97
Days on Market95
Property Features for 135 Liberty
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Manufactured In Park
Additional Details
Fenced Yard
Yes
Amenities
clubhouse
pool
spa
private beach
dog park
fitness room
picnic area
barbeque
jacuzzi
Listing Agency:
Coldwell Banker Realty
(949) 644-1600
Listed By:
Marilyn Williams · License #00813847
(949) 378-3330
Source:
Tfregroup
Added: Jul 27
Changed: Oct 25
Last Checked: Oct 28 at 8:05AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turnkey manufactured home features a spacious great room with high ceilings, lots of windows, and an open upgraded kitchen with granite countertops, multiple cabinets (including some with pull-out shelves), and bar seating. A well-sized dining area opens off the great room. The primary suite includes large windows, a walk-in closet, and a bathroom with a tub and shower. A second bedroom suite offers a large bathroom with a walk-in shower. A separate laundry room includes a back door that provides easy access to the carport. Off the living area is a spacious, fully fenced patio yard with mature plants.
The home is situated on leased land through a “money land lease,” with water, trash, and community amenities included. The property also notes no land taxes or HOA dues.
Within the community, residents have access to two clubhouses, two pools, two jacuzzis, a private beach, fitness rooms, picnic areas with barbeques, and a dog park. Some furnishings may be available for purchase.
The home is situated on leased land through a “money land lease,” with water, trash, and community amenities included. The property also notes no land taxes or HOA dues.
Within the community, residents have access to two clubhouses, two pools, two jacuzzis, a private beach, fitness rooms, picnic areas with barbeques, and a dog park. Some furnishings may be available for purchase.
Key Highlights
- Bayside Village manufactured home with fenced patio yard and separate laundry room with back door to the carport
- Open great room with high ceilings and lots of windows plus an upgraded kitchen with granite counters, cabinets, and bar seating
- Large primary master suite with walk‑in closet and spacious bathroom with tub and shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,988
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,760
$439.8K
Cap Rate 7%
$314,114
$314.1K
Cap Rate 9%
$244,311
$244.3K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$41.5K $36.00/SF
− Vacancy
−$1.5K −$1.30/SF
EGI
$40.0K $34.70/SF
− OpEx
−$18.0K −$15.62/SF
NOI
$22.0K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$439,760
Cap Rate 7%
$314,114
Cap Rate 9%
$244,311
Alternative Uses
Best Use
Apartment 5plus
$314.1K
$274.9K – $366.5K
NOI $21,988 @ 7.0% cap · market cap 3.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$386.9K
$338.6K – $451.4K
NOI $27,085 @ 7.0% cap · market cap 4.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
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Business Placement
Demographics for 92660, CA
36,259
Population
17,144
Households
2.1
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
3,777
Density / Sq Mi
$154,035
Median Household Income
$91,054
Median Earnings
$3,349
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Turnkey manufactured home with a fenced patio yard and carport access, located within a community offering pools, private beach, and amenities.
Where is this mobile home & rv park located?
The property is located at 135 Liberty Newport Beach, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Bayside Village manufactured home with fenced patio yard and separate laundry room with back door to the carport; Open great room with high ceilings and lots of windows plus an upgraded kitchen with granite counters, cabinets, and bar seating; Large primary master suite with walk‑in closet and spacious bathroom with tub and shower
