Senior Community Mobile
New
For Sale
$370,000
161 E Orangethorpe Ave 144, Placentia, CA 92870
Newly constructed residence with modern finishes, a practical layout, and dedicated vehicle parking.
Property Size1,344 SF
Price / SF$275.30
Days on Market4
Property Features for 161 E Orangethorpe Ave 144
General Information
Standard status
Active
Size
1,344 SF
Total Parking Spaces
2
Property subtype
ManufacturedInPark
Units
Multifamily Units
1
Parking per Unit
2
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Listing Agency:
Western States Financial
(714) 898-0867
Listed By:
Tyler McGaughy
Source:
Realtyrightchoice
Added: Aug 28
Changed: Aug 31
Last Checked: Aug 31 at 3:04AM
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 Western States Financial
Investment Insights
Based on property information with market context.
This newly constructed mobile home offers approximately 1,344 square feet with three bedrooms and two bathrooms. The residence includes modern finishes and a functional floor plan designed for comfortable living, with parking for two cars. It is located within Hacienda, an established senior community at 161 E. Orangethorpe Ave, 144, in Placentia, California.
The property is positioned near shopping, dining, and major freeways. Its placement within a senior community provides a residential setting suited to the established use of the park. The home is offered for sale as a move-in-ready residence.
The property is positioned near shopping, dining, and major freeways. Its placement within a senior community provides a residential setting suited to the established use of the park. The home is offered for sale as a move-in-ready residence.
Key Highlights
- Approximately 1,344 sq ft of living space
- Three‑bedroom, two‑bathroom layout
- Newly constructed home with modern 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
$25,653
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
6.93%
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%
$513,060
$513.1K
Cap Rate 7%
$366,471
$366.5K
Cap Rate 9%
$285,033
$285.0K
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
−$1.7K −$1.30/SF
EGI
$46.6K $34.70/SF
− OpEx
−$21.0K −$15.62/SF
NOI
$25.7K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
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%
$513,060
Cap Rate 7%
$366,471
Cap Rate 9%
$285,033
Alternative Uses
Best Use
Apartment 5plus
$366.5K
$320.7K – $427.6K
NOI $25,653 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$451.4K
$395.0K – $526.7K
NOI $31,600 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,691
Businesses Nearby
Explore this area
Business Placement
Demographics for 92870, CA
52,749
Population
17,545
Households
3
Avg Household Size
39
Median Age
44%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
7,873
Density / Sq Mi
$110,575
Median Household Income
$53,074
Median Earnings
$2,267
Median Rent
$871,000
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 - Newly constructed residence with modern finishes, a practical layout, and dedicated vehicle parking.
Where is this mobile home & rv park located?
The property is located at 161 E Orangethorpe Ave 144 Placentia, CA.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Approximately 1,344 sq ft of living space; Three‑bedroom, two‑bathroom layout; Newly constructed home with modern finishes
