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Two-Bedroom Manufactured Home
New
For Sale
$139,900

187 Ballard Street 133, El Cajon, CA 92019

A compact all-electric residence nearing completion, with quartz finishes and an upgraded kitchen package.

Property Size666 SF
Price / SF$210.06
Days on Market5

Property Features for 187 Ballard Street 133

General Information

Standard status Active
Size 666 SF
Property subtype Manufactured In Park

Additional Details

Multifamily Units 1

Building Details

Year Built 2025
Construction manufactured
Listing Agency: Cirillo, Michael A.
Listed By: Michael Cirillo · License #00784825
Source: Realtyrightchoice
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 7 at 11:35AM

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 Cirillo, Michael A.

Investment Insights

Based on property information with market context.

At 187 Ballard Street, Unit 133, this 2025 manufactured home offers 666 square feet with two bedrooms and one bathroom. Construction is nearly complete, and the home is all-electric. Interior details include shaker-style hardwood cabinetry with soft-close concealed hinges, quartz kitchen counters and backsplash, and a stainless steel appliance package. The bathroom includes a tub and shower, an undermount rectangular sink, and a quartz vanity counter.

Recessed lighting and faux wood blinds are installed throughout. The property is identified as a residential income property.

Key Highlights

  • 2025 all‑electric manufactured home with 666 square feet
  • Two bedrooms and one bathroom
  • Quartz kitchen counters with 6‑inch backsplash and quartz behind the range

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,189
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$123,780 $123.8K
Cap Rate 7%
$88,414 $88.4K
Cap Rate 9%
$68,767 $68.8K
Market Conditions
NOI Build-Up for 666 SF
Gross rent
$12.0K $18.00/SF
− Vacancy
−$736 −$1.11/SF
EGI
$11.3K $16.89/SF
− OpEx
−$5.1K −$7.60/SF
NOI
$6.2K $9.29/SF
Area
El Cajon, CA
Vacancy
6.14%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$123,780
Cap Rate 7%
$88,414
Cap Rate 9%
$68,767

Alternative Uses

Best Use
Apartment 5plus
$88.4K
$77.4K – $103.2K (±1% cap)
NOI $6,189 @ 7.0% cap · market cap 4.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$165.5K
$144.8K – $193.1K (±1% cap)
NOI $11,583 @ 7.0% cap · market cap 8.28%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

El Cajon Mobile ... Campground & RV Park

Suggested Use

Top Pick Law Firm Parking Lot & Garage Travel Agency Carpet & Flooring Store Furniture & Home Goods (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,147
Businesses Nearby

Demographics for 92019, CA

45,108
Population
15,830
Households
2.8
Avg Household Size
41
Median Age
34%
College-Educated
90%
High-School Grad
31.7 sq mi
ZIP Area
1,423
Density / Sq Mi
$99,266
Median Household Income
$46,622
Median Earnings
$2,141
Median Rent
$727,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A compact all-electric residence nearing completion, with quartz finishes and an upgraded kitchen package.
Where is this residential income property located?
The property is located at 187 Ballard Street 133 El Cajon, CA.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 2025 all‑electric manufactured home with 666 square feet; Two bedrooms and one bathroom; Quartz kitchen counters with 6‑inch backsplash and quartz behind the range
More about this property
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