Manufactured Home in 55+
188-410 S 1st St El Cajon, CA 92021
188-410 S 1st St, El Cajon, CA, 92021
$259,000
For Sale
$259,000
Manufactured home on Space #188 within a maintained senior mobile home park in El Cajon.
Property Size1,414 SF
Price / SF$183.17
Days on Market143
Property Features for 188-410 S 1st St
General Information
- Standard status
- Active
- Size
- 1,414 SF
- Property subtype
- Manufactured In Park
Listing Agency
Monarch Home Sales
(800) 319-1879
Listed by
Vernon Spencer
(800) 319-1879
Source
Exprealty
Added: Feb 26 Checked: Jul 18 at 9:08 pm
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 Monarch Home Sales
Investment Insights
Based on property information with market context.
This for-sale manufactured home is located within a welcoming senior community in El Cajon, offered in a maintained mobile home park setting. The home is described as having spacious interiors with abundant natural light, designed for comfortable, community-based living. The residence is assigned to Space #188 and includes a stated size of 1,414 square feet.
The property is identified as 410 S 1st Street, Space #188, El Cajon, CA 92019, and is positioned in a 55+ community environment intended for active seniors.
The property is identified as 410 S 1st Street, Space #188, El Cajon, CA 92019, and is positioned in a 55+ community environment intended for active seniors.
Key Highlights
- Manufactured home on Space #188 in a maintained senior mobile home park in El Cajon, CA 92019
- Located in a 55+ community within the park at 410 South 1st Street
- Peaceful mobile home park setting with a senior‑focused community atmosphere
Local 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 | $25.5k | $18.00 |
| − Vacancy | −$1.6k | −$1.11 |
| EGI | $23.9k | $16.89 |
| − OpEx | −$10.8k | −$7.60 |
| NOI | $13.1k | $9.29 |
1,414 SF · lease $18.00/SF/yr · vacancy 6.14% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$187.7K
$164.2K – $219.0K
NOI $13,139 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.3K
$307.4K – $409.9K
NOI $24,592 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Manufactured home on Space #188 within a maintained senior mobile home park in El Cajon.
Where is this mobile home & rv park located?
The property is located at 188-410 S 1st St 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: Manufactured home on Space #188 in a maintained senior mobile home park in El Cajon, CA 92019; Located in a 55+ community within the park at 410 South 1st Street; Peaceful mobile home park setting with a senior‑focused community atmosphere
