Mobile Home Park Residence with
For Sale
$259,000
Pending
1537 Balein Ct, Hayward, CA 94544
Two-bedroom residence with a covered patio, carport, and access to pool, clubhouse, playground, and landscaped community spaces.
Property Size1,040 SF
Days on Market51
Property Features for 1537 Balein Ct
General Information
Standard status
Pending
Size
1,040 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
covered patio
covered carport
heated pool
clubhouse
playground
landscaped green spaces
Building Details
Buildings
1
Construction
mobile home
Listing Agency:
REALTY EXPERTS
(510) 226-2444
Listed By:
Elia Loza
(510) 304-8333
Source:
Tfregroup
Added: Aug 30
Changed: Oct 16
Last Checked: Oct 16 at 8:15AM
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 REALTY EXPERTS
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom mobile home provides approximately 1,040 square feet of living area in Spanish Ranch 1. The layout includes an open living arrangement, a covered patio for outdoor use, and a covered carport. The home is described as well maintained and does not have a fireplace.
Community amenities include a heated pool, clubhouse, children’s playground, and landscaped green spaces. The property is located at 1537 Balein Ct in Hayward, California, within the Spanish Ranch 1 community.
Community amenities include a heated pool, clubhouse, children’s playground, and landscaped green spaces. The property is located at 1537 Balein Ct in Hayward, California, within the Spanish Ranch 1 community.
Key Highlights
- 2‑bedroom, 2‑bathroom mobile home with approximately 1,040 square feet
- Covered patio and covered carport
- Heated pool available within Spanish Ranch 1
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,172
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,440
$403.4K
Cap Rate 7%
$288,171
$288.2K
Cap Rate 9%
$224,133
$224.1K
Market Conditions
NOI Build-Up for 1,040 SF
Gross rent
$38.7K $37.20/SF
− Vacancy
−$2.0K −$1.93/SF
EGI
$36.7K $35.27/SF
− OpEx
−$16.5K −$15.87/SF
NOI
$20.2K $19.40/SF
Area
Hayward, CA
Vacancy
5.20%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,440
Cap Rate 7%
$288,171
Cap Rate 9%
$224,133
Alternative Uses
Best Use
Apartment 5plus
$288.2K
$252.2K – $336.2K
NOI $20,172 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K
NOI $22,504 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Explore this area
Business Placement
Demographics for 94544, CA
79,769
Population
23,990
Households
3.3
Avg Household Size
36
Median Age
27%
College-Educated
79%
High-School Grad
11.0 sq mi
ZIP Area
7,252
Density / Sq Mi
$108,358
Median Household Income
$48,926
Median Earnings
$2,339
Median Rent
$801,900
Median Home Value
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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 - Two-bedroom residence with a covered patio, carport, and access to pool, clubhouse, playground, and landscaped community spaces.
Where is this mobile home & rv park located?
The property is located at 1537 Balein Ct Hayward, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bathroom mobile home with approximately 1,040 square feet; Covered patio and covered carport; Heated pool available within Spanish Ranch 1
