Two-Bedroom Mobile
New
For Sale
$134,900
351 E Bradley Avenue SPC 52, El Cajon, CA 92021
All-ages community home with shared recreational and practical amenities, plus access to shopping, dining, and freeways.
Property Size1,040 SF
Price / SF$129.71
Days on Market2
Property Features for 351 E Bradley Avenue SPC 52
General Information
Standard status
Active
Size
1,040 SF
Property subtype
ManufacturedInPark
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
pool
clubhouse
laundry facilities
guest parking
Building Details
Buildings
1
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Maribel Cano Ramirez
(619) 457-9842
Source:
Realtyrightchoice
Added: Sep 6
Last Checked: Sep 6 at 2:52PM
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 Real Broker
Investment Insights
Based on property information with market context.
This 1,040-square-foot mobile home includes two bedrooms and two bathrooms, with a living area designed for everyday use and entertaining. The residence comes with appliances and cabinet storage, providing a functional interior arrangement within an all-ages community.
Community features include a swimming pool, clubhouse, laundry facilities, and guest parking. The property is positioned near shopping and dining options, with freeway access also available. Its address is 351 E Bradley Avenue, SPC 52, El Cajon, CA 92021.
Community features include a swimming pool, clubhouse, laundry facilities, and guest parking. The property is positioned near shopping and dining options, with freeway access also available. Its address is 351 E Bradley Avenue, SPC 52, El Cajon, CA 92021.
Key Highlights
- 1,040‑square‑foot mobile home with 2 bedrooms and 2 bathrooms
- All‑ages community setting
- Community swimming pool and clubhouse
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
$9,664
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
7.16%
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%
$193,280
$193.3K
Cap Rate 7%
$138,057
$138.1K
Cap Rate 9%
$107,378
$107.4K
Market Conditions
NOI Build-Up for 1,040 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
$18.7K $18.00/SF
− Vacancy
−$1.1K −$1.11/SF
EGI
$17.6K $16.89/SF
− OpEx
−$7.9K −$7.60/SF
NOI
$9.7K $9.29/SF
Area
El Cajon, CA
Vacancy
6.14%
Lease Rate
$18.00 /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%
$193,280
Cap Rate 7%
$138,057
Cap Rate 9%
$107,378
Alternative Uses
Best Use
Apartment 5plus
$138.1K
$120.8K – $161.1K
NOI $9,664 @ 7.0% cap · market cap 7.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$258.4K
$226.1K – $301.5K
NOI $18,088 @ 7.0% cap · market cap 13.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,210
Businesses Nearby
Explore this area
Business Placement
Demographics for 92021, CA
70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
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 - All-ages community home with shared recreational and practical amenities, plus access to shopping, dining, and freeways.
Where is this mobile home & rv park located?
The property is located at 351 E Bradley Avenue SPC 52 El Cajon, CA.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: 1,040‑square‑foot mobile home with 2 bedrooms and 2 bathrooms; All‑ages community setting; Community swimming pool and clubhouse
