Renovated Mobile
New
For Sale
$399,888
1384 Sunbeam Cir 0, San Jose, CA 95122
Updated interior, two flexible bonus rooms, and a backyard create adaptable living space within Sunshade Mobilehome Park.
Property Size1,344 SF
Days on Market4
Property Features for 1384 Sunbeam Cir 0
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Commercial
Building Details
Building Size
1,344 SF
Year Built
1980
Listed By:
Trang Truong
(408) 613-5426
Source:
Elliman
Added: Sep 4
Last Checked: Sep 6 at 8:47AM
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 Trang Truong
Investment Insights
Based on property information with market context.
Located within Sunshade Mobilehome Park, this 1980 mobile home offers two bedrooms, two bathrooms, and two additional bonus rooms. The interior has been renovated with updated finishes and a practical layout suited to everyday living. The bonus rooms can accommodate office use or additional sleeping space, subject to applicable requirements.
Outdoor space includes a backyard that supports dining, entertaining, gardening, or personal use. The property is located at 1384 Sunbeam Cir 0 in San Jose, California. WalkScore is 51, indicating a somewhat walkable setting; BikeScore is 57, classified as bikeable; and TransitScore is 46, reflecting some transit access.
Outdoor space includes a backyard that supports dining, entertaining, gardening, or personal use. The property is located at 1384 Sunbeam Cir 0 in San Jose, California. WalkScore is 51, indicating a somewhat walkable setting; BikeScore is 57, classified as bikeable; and TransitScore is 46, reflecting some transit access.
Key Highlights
- Two‑bedroom, two‑bath mobile home in Sunshade Mobilehome Park
- Two additional bonus rooms for office or extra sleeping space
- Renovated interior with updated finishes
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
$25,547
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
6.39%
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%
$510,940
$510.9K
Cap Rate 7%
$364,957
$365.0K
Cap Rate 9%
$283,856
$283.9K
Market Conditions
NOI Build-Up for 1,344 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
$48.4K $36.00/SF
− Vacancy
−$1.9K −$1.44/SF
EGI
$46.4K $34.56/SF
− OpEx
−$20.9K −$15.55/SF
NOI
$25.5K $19.01/SF
Area
ZIP 95122
Vacancy
4.00%
Lease Rate
$36.00 /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%
$510,940
Cap Rate 7%
$364,957
Cap Rate 9%
$283,856
Alternative Uses
Best Use
Apartment 5plus
$365.0K
$319.3K – $425.8K
NOI $25,547 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$811.4K
$710.0K – $946.6K
NOI $56,798 @ 7.0% cap · market cap 14.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,246
Businesses Nearby
Explore this area
Business Placement
Demographics for 95122, CA
54,056
Population
12,560
Households
4.3
Avg Household Size
36
Median Age
18%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
11,262
Density / Sq Mi
$103,406
Median Household Income
$41,704
Median Earnings
$2,424
Median Rent
$838,900
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 - Updated interior, two flexible bonus rooms, and a backyard create adaptable living space within Sunshade Mobilehome Park.
Where is this mobile home & rv park located?
The property is located at 1384 Sunbeam Cir 0 San Jose, CA.
What is the asking price?
The asking price for this property is $399,888.
What are key features of this property?
This property features: Two‑bedroom, two‑bath mobile home in Sunshade Mobilehome Park; Two additional bonus rooms for office or extra sleeping space; Renovated interior with updated finishes
