Two-Bedroom Senior Housing
For Sale
$260,000
14046 Lake Side Drive 108, La Mirada, CA 90638
Open kitchen-family room layout with a ramp serving the patio and home entrance.
Property Size1,440 SF
Price / SF$180.56
Days on Market55
Property Features for 14046 Lake Side Drive 108
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Amenities
Large Clubhouse
Beautiful Lake
pool
patio
ramp
Listing Agency:
Eva Raleigh, Broker
Listed By:
Eva Raleigh · License #01826907
(714) 632-1646
Source:
Tfregroup
Added: Aug 21
Changed: Oct 3
Last Checked: Oct 12 at 8:13PM
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 Eva Raleigh, Broker
Investment Insights
Based on property information with market context.
This residence is located within a 55+ senior park community and offers two bedrooms and two bathrooms. The interior includes an open kitchen and family room, a separate living room, a large primary bedroom, and a primary bathroom with a walk-in tub. A second bedroom adds flexible space for residents or guests.
The home includes a long patio with ramp access to both the patio and entrance. It sits along a green belt and is within a short walk of the community lake, clubhouse, and pool. The community also features a clubhouse overlooking the lake entrance.
The home includes a long patio with ramp access to both the patio and entrance. It sits along a green belt and is within a short walk of the community lake, clubhouse, and pool. The community also features a clubhouse overlooking the lake entrance.
Key Highlights
- Two‑bedroom, two‑bath residence in a 55+ senior park community
- Open kitchen and family room plus a separate living room
- Primary bathroom includes a walk‑in tub
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,171
Cap Rate
8.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,420
$463.4K
Cap Rate 7%
$331,014
$331.0K
Cap Rate 9%
$257,456
$257.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$45.8K $31.80/SF
− Vacancy
−$3.7K −$2.54/SF
EGI
$42.1K $29.26/SF
− OpEx
−$19.0K −$13.17/SF
NOI
$23.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,420
Cap Rate 7%
$331,014
Cap Rate 9%
$257,456
Alternative Uses
Best Use
Apartment 5plus
$331.0K
$289.6K – $386.2K
NOI $23,171 @ 7.0% cap · market cap 8.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$771.0K
$674.6K – $899.5K
NOI $53,968 @ 7.0% cap · market cap 20.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
536
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 90638, CA
46,967
Population
15,459
Households
3
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
6,100
Density / Sq Mi
$110,606
Median Household Income
$54,235
Median Earnings
$2,052
Median Rent
$765,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Open kitchen-family room layout with a ramp serving the patio and home entrance.
Where is this senior housing / retirement home located?
The property is located at 14046 Lake Side Drive 108 La Mirada, CA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath residence in a 55+ senior park community; Open kitchen and family room plus a separate living room; Primary bathroom includes a walk‑in tub
