Two-Bedroom Senior Mobile
For Sale
$259,000
16-1351 Pepper Dr, El Cajon, CA 92021
Set in a 55+ gated, resident-owned community, this two-bedroom home features a master retreat/office and new appliances.
Property Size1,680 SF
Price / SF$154.17
Days on Market163
Property Features for 16-1351 Pepper Dr
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Manufactured In Park
Listing Agency:
New Generation Real Estate
(619) 300-9888
Listed By:
Abraham Belasco
(619) 300-9888
Source:
Exprealty
Added: Feb 18
Changed: Jul 29
Last Checked: Jul 30 at 2:49PM
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 New Generation Real Estate
Investment Insights
Based on property information with market context.
Enjoy senior living in this 55+ gated, resident-owned community at 16-1351 Pepper Dr. This two-bedroom, two-bath home is nearly 1,700 square feet and was totally redone. Updates include new paint, luxury vinyl flooring, new lighting throughout, ceiling fans, and window coverings.
The layout includes a master bedroom retreat/office, plus a nice size shed for additional storage. The home is described as move-in ready, with brand-new stainless-steel appliances already in place.
Community amenities are minutes away, including the pool and clubhouse, and the property is noted as being incredibly maintained.
The layout includes a master bedroom retreat/office, plus a nice size shed for additional storage. The home is described as move-in ready, with brand-new stainless-steel appliances already in place.
Community amenities are minutes away, including the pool and clubhouse, and the property is noted as being incredibly maintained.
Key Highlights
- 55+ gated, resident‑owned community with pool and clubhouse minutes away
- Two‑bedroom, two‑bath layout with master bedroom retreat/office
- Nearly 1,700 square feet with full interior redo
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.2k | $18.00 |
| − Vacancy | −$1.9k | −$1.11 |
| EGI | $28.4k | $16.89 |
| − OpEx | −$12.8k | −$7.60 |
| NOI | $15.6k | $9.29 |
1,680 SF · lease $18.00/SF/yr · vacancy 6.14% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$223.0K
$195.1K – $260.2K
NOI $15,611 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.4K
$365.2K – $487.0K
NOI $29,219 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
759
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 - Set in a 55+ gated, resident-owned community, this two-bedroom home features a master retreat/office and new appliances.
Where is this mobile home & rv park located?
The property is located at 16-1351 Pepper Dr El Cajon, 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: 55+ gated, resident‑owned community with pool and clubhouse minutes away; Two‑bedroom, two‑bath layout with master bedroom retreat/office; Nearly 1,700 square feet with full interior redo
