Spacious Two-Bedroom Mobile
For Sale
$172,900
166-15111 Pipeline Ave, Chino Hills, CA 91709
2-bedroom, 1¾-bath mobile home with side porch, family room, and storage shed in a senior living community.
Property Size1,608 SF
Price / SF$107.52
Days on Market82
Property Features for 166-15111 Pipeline Ave
General Information
Standard status
Active
Size
1,608 SF
Property subtype
Manufactured In Park
Listing Agency:
eXp Realty of California
(888) 584-9427
Listed By:
Cynthia Daniels
(909) 374-3455
Source:
Exprealty
Added: Jun 16
Changed: Sep 3
Last Checked: Sep 5 at 11:50AM
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 eXp Realty of California
Investment Insights
Based on property information with market context.
Spacious 2-bedroom, 1¾-bath mobile home located within the Lake Los Serranos Senior Living Community in Chino Hills. The home features a large living room with an attached dining area, a light and bright kitchen with ample cabinet space and an eating bar, and a cozy family room. Outside, there is a big side porch, one storage shed, and a yard. The title lists square footage of 1,608 (buyer to verify).
Community features include a clubhouse, planned social activities, swimming pool and spa recreational facilities, lake fishing, a billiard room, and a library. Prospective buyers should confirm space rent when they pick up their park application from the park manager.
The current configuration is centered on comfortable indoor living areas with additional outdoor space and storage, supported by the community’s on-site recreational amenities.
Community features include a clubhouse, planned social activities, swimming pool and spa recreational facilities, lake fishing, a billiard room, and a library. Prospective buyers should confirm space rent when they pick up their park application from the park manager.
The current configuration is centered on comfortable indoor living areas with additional outdoor space and storage, supported by the community’s on-site recreational amenities.
Key Highlights
- Spacious 2‑bedroom, 1¾‑bath mobile home in the Lake Los Serranos Senior Living Community of Chino Hills
- Large living room with attached dining area plus a light and bright kitchen with plenty of cabinet space and eating bar
- Includes a cozy family room and a big side porch
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
$14,235
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
8.23%
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%
$284,700
$284.7K
Cap Rate 7%
$203,357
$203.4K
Cap Rate 9%
$158,167
$158.2K
Market Conditions
NOI Build-Up for 1,608 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
$27.6K $17.16/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$25.9K $16.10/SF
− OpEx
−$11.6K −$7.24/SF
NOI
$14.2K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /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%
$284,700
Cap Rate 7%
$203,357
Cap Rate 9%
$158,167
Alternative Uses
Best Use
Apartment 5plus
$203.4K
$177.9K – $237.3K
NOI $14,235 @ 7.0% cap · market cap 8.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$339.2K
$296.8K – $395.7K
NOI $23,743 @ 7.0% cap · market cap 13.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,342
Businesses Nearby
Explore this area
Business Placement
Demographics for 91709, CA
78,530
Population
26,282
Households
3
Avg Household Size
39
Median Age
48%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
1,753
Density / Sq Mi
$122,784
Median Household Income
$57,295
Median Earnings
$2,750
Median Rent
$829,900
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 - 2-bedroom, 1¾-bath mobile home with side porch, family room, and storage shed in a senior living community.
Where is this mobile home & rv park located?
The property is located at 166-15111 Pipeline Ave Chino Hills, CA.
What is the asking price?
The asking price for this property is $172,900.
What are key features of this property?
This property features: Spacious 2‑bedroom, 1¾‑bath mobile home in the Lake Los Serranos Senior Living Community of Chino Hills; Large living room with attached dining area plus a light and bright kitchen with plenty of cabinet space and eating bar; Includes a cozy family room and a big side porch
