Two-Bedroom Mobile
For Sale
$178,500
1500 Virginia Place Spc 147, San Jose, CA 95116
Includes a central heater, bedroom window air conditioner, laundry appliances, refrigerator, and exterior storage shed.
Property Size576 SF
Price / SF$309.90
Days on Market26
Property Features for 1500 Virginia Place Spc 147
General Information
Standard status
Active
Size
576 SF
Property subtype
Manufactured In Park
Site & Location
Neighborhood
Suenos
Listing Agency:
Momentum Realty
(408) 753-6016
Listed By:
Anabel Bernabe
(408) 497-4570
Source:
Realtyrightchoice
Added: Sep 28
Changed: Oct 2
Last Checked: Oct 23 at 6:42AM
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 Momentum Realty
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Investment Insights
Based on property information with market context.
This two-bedroom, one-bathroom mobile home measures 576 square feet. Heating is provided by a central system, with a window air conditioner in the larger bedroom. A washer, dryer, and refrigerator are included, and interior storage is supplemented by a shed just outside the rear entrance. The driveway accommodates two cars.
The home is in San Jose near Walmart, Target, US 101, and I-680. The stated monthly space rent is $822. The property is being offered in as-is condition.
The home is in San Jose near Walmart, Target, US 101, and I-680. The stated monthly space rent is $822. The property is being offered in as-is condition.
Key Highlights
- 576‑square‑foot mobile home with 2 bedrooms and 1 bathroom
- Central heater and window air conditioner in the larger bedroom
- Washer, dryer, and refrigerator included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,981
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,620
$239.6K
Cap Rate 7%
$171,157
$171.2K
Cap Rate 9%
$133,122
$133.1K
Market Conditions
NOI Build-Up for 576 SF
Gross rent
$22.8K $39.60/SF
− Vacancy
−$1.0K −$1.78/SF
EGI
$21.8K $37.82/SF
− OpEx
−$9.8K −$17.02/SF
NOI
$12.0K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$239,620
Cap Rate 7%
$171,157
Cap Rate 9%
$133,122
Alternative Uses
Best Use
Apartment 5plus
$171.2K
$149.8K – $199.7K
NOI $11,981 @ 7.0% cap · market cap 6.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$347.9K
$304.4K – $405.8K
NOI $24,350 @ 7.0% cap · market cap 13.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
846
Businesses Nearby
Explore this area
Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Includes a central heater, bedroom window air conditioner, laundry appliances, refrigerator, and exterior storage shed.
Where is this residential income property located?
The property is located at 1500 Virginia Place Spc 147 San Jose, CA.
What is the asking price?
The asking price for this property is $178,500.
What are key features of this property?
This property features: 576‑square‑foot mobile home with 2 bedrooms and 1 bathroom; Central heater and window air conditioner in the larger bedroom; Washer, dryer, and refrigerator included
