Move-in-Ready Senior
For Sale
$395,000
163-161 E Orangethorpe Ave, Placentia, CA 92870
Brand-new 3-bedroom, 2-bath home in Hacienda senior community with parking for two cars.
Property Size1,512 SF
Price / SF$261.24
Days on Market239
Property Features for 163-161 E Orangethorpe Ave
General Information
Standard status
Active
Size
1,512 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Listing Agency:
Western States Financial
(714) 898-0867
Listed By:
Tyler McGaughy
(714) 313-3268
Source:
Exprealty
Added: Jan 9
Changed: Aug 27
Last Checked: Sep 4 at 10:14AM
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.
Newly constructed and move-in-ready, this 3-bedroom, 2-bath home is offered with approximately 1,512 square feet of living space. The residence features modern finishes, quality craftsmanship, and a well-designed floor plan intended for comfortable everyday living. The property also provides parking for two cars and sits in a peaceful setting within the community.
Located in Placentia within the Hacienda senior community, the home is positioned for convenient access to shopping, dining, and major freeways. The community is described as well-established, with low space rent noted in the offering. For buyers seeking a turnkey, ready-to-occupy option in a senior community environment, this property presents a practical, straightforward opportunity.
Located in Placentia within the Hacienda senior community, the home is positioned for convenient access to shopping, dining, and major freeways. The community is described as well-established, with low space rent noted in the offering. For buyers seeking a turnkey, ready-to-occupy option in a senior community environment, this property presents a practical, straightforward opportunity.
Key Highlights
- Brand‑new 3‑bedroom, 2‑bath home with approximately 1,512 sq ft of living space
- Located in the Hacienda senior community in Placentia
- Move‑in‑ready with a well‑designed floor plan
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
$28,860
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
7.31%
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%
$577,200
$577.2K
Cap Rate 7%
$412,286
$412.3K
Cap Rate 9%
$320,667
$320.7K
Market Conditions
NOI Build-Up for 1,512 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
$54.4K $36.00/SF
− Vacancy
−$2.0K −$1.30/SF
EGI
$52.5K $34.70/SF
− OpEx
−$23.6K −$15.62/SF
NOI
$28.9K $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%
$577,200
Cap Rate 7%
$412,286
Cap Rate 9%
$320,667
Alternative Uses
Best Use
Apartment 5plus
$412.3K
$360.8K – $481.0K
NOI $28,860 @ 7.0% cap · market cap 7.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$507.9K
$444.4K – $592.5K
NOI $35,550 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
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 - Brand-new 3-bedroom, 2-bath home in Hacienda senior community with parking for two cars.
Where is this mobile home & rv park located?
The property is located at 163-161 E Orangethorpe Ave Placentia, CA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Brand‑new 3‑bedroom, 2‑bath home with approximately 1,512 sq ft of living space; Located in the Hacienda senior community in Placentia; Move‑in‑ready with a well‑designed floor plan
