55+ Double-Wide Mobile
For Sale
$189,500
19-1146 Birch Ave, Seaside, CA 93955
Two-bedroom, 1.5-bath double-wide in a 55+ community near the beach and Monterey Bay Coastal Trail.
Property Size720 SF
Price / SF$263.19
Days on Market182
Property Features for 19-1146 Birch Ave
General Information
Standard status
Active
Size
720 SF
Property subtype
Manufactured In Park
Listing Agency:
Coldwell Banker Realty
(831) 626-2222
Listed By:
Dave Lucas
(831) 884-3521
Source:
Exprealty
Added: Mar 16
Changed: Sep 11
Last Checked: Sep 12 at 1:38PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
Seaside Mobile Estates offers a 55+ community setting with an inviting double-wide mobile home at 19-1146 Birch Ave, Seaside, CA 93955. The home features two bedrooms and 1.5 bathrooms, with a spacious layout and abundant natural light.
The property is described as conveniently located near the beach and the Monterey Bay Coastal Trail, with shopping, dining, and everyday amenities nearby. The remarks also note easy access to Monterey, Pacific Grove, Carmel, and Marina.
For buyers seeking a comfortable coastal lifestyle in a 55+ community close to the water, this residence presents a straightforward option with its current 2-bedroom configuration and family-friendly bathroom setup.
The property is described as conveniently located near the beach and the Monterey Bay Coastal Trail, with shopping, dining, and everyday amenities nearby. The remarks also note easy access to Monterey, Pacific Grove, Carmel, and Marina.
For buyers seeking a comfortable coastal lifestyle in a 55+ community close to the water, this residence presents a straightforward option with its current 2-bedroom configuration and family-friendly bathroom setup.
Key Highlights
- 2‑bedroom, 1.5‑bath double‑wide home in Seaside Mobile Estates, a 55+ community
- Near the beach and the Monterey Bay Coastal Trail
- Close to shopping, dining, and everyday amenities
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
$11,583
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
6.11%
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%
$231,660
$231.7K
Cap Rate 7%
$165,471
$165.5K
Cap Rate 9%
$128,700
$128.7K
Market Conditions
NOI Build-Up for 720 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
$21.6K $30.00/SF
− Vacancy
−$540 −$0.75/SF
EGI
$21.1K $29.25/SF
− OpEx
−$9.5K −$13.16/SF
NOI
$11.6K $16.09/SF
Area
Monterey County, CA
Vacancy
2.50%
Lease Rate
$30.00 /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%
$231,660
Cap Rate 7%
$165,471
Cap Rate 9%
$128,700
Alternative Uses
Best Use
Apartment 5plus
$165.5K
$144.8K – $193.1K
NOI $11,583 @ 7.0% cap · market cap 6.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$274.9K
$240.6K – $320.7K
NOI $19,244 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
Explore this area
Business Placement
Demographics for 93955, CA
32,703
Population
11,150
Households
2.9
Avg Household Size
34
Median Age
28%
College-Educated
81%
High-School Grad
26.3 sq mi
ZIP Area
1,243
Density / Sq Mi
$82,331
Median Household Income
$35,488
Median Earnings
$2,312
Median Rent
$693,800
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 - Two-bedroom, 1.5-bath double-wide in a 55+ community near the beach and Monterey Bay Coastal Trail.
Where is this mobile home & rv park located?
The property is located at 19-1146 Birch Ave Seaside, CA.
What is the asking price?
The asking price for this property is $189,500.
What are key features of this property?
This property features: 2‑bedroom, 1.5‑bath double‑wide home in Seaside Mobile Estates, a 55+ community; Near the beach and the Monterey Bay Coastal Trail; Close to shopping, dining, and everyday amenities
