Updated 2-Bedroom Manufactured
For Sale
$255,000
197-840 E Foothill Blvd, Azusa, CA
Updated two-bedroom, two-bath home in a pet-friendly 55+ community with resort-style amenities and a fenced yard.
Property Size1,248 SF
Price / SF$204.33
Days on Market9
Property Features for 197-840 E Foothill Blvd
General Information
Standard status
Active
Size
1,248 SF
Property subtype
Manufactured In Park
Listing Agency:
WERE REAL ESTATE
(626) 274-2655
Listed By:
ALEX JUAREZ · License #01806443
(626) 274-2655
Source:
Exprealty
Added: Jul 23
Changed: Jul 30
Last Checked: Jul 30 at 2:27AM
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 WERE REAL ESTATE
Investment Insights
Based on property information with market context.
Updated two-bedroom, two-bath manufactured home with an open floor plan, high ceilings, newer windows, remodeled kitchen with quartz countertops, and newer flooring and interior paint. Both bedrooms are large, and the primary bedroom includes a walk-in closet. A fully fenced yard adds privacy and creates outdoor space for dogs, grilling, gardening, and relaxing.
The home offers two carports, plus guest parking and RV parking available in the community. Residents have access to a clubhouse, heated swimming pool, indoor spa, fitness center, billiard and card rooms, BBQ area, RV parking, and a dog park. This is a 55+ community that welcomes pets up to 30 lbs and requires park management approval.
Ownership within the community allows occupants 18 and older with a homeowner 55+ years old.
The home offers two carports, plus guest parking and RV parking available in the community. Residents have access to a clubhouse, heated swimming pool, indoor spa, fitness center, billiard and card rooms, BBQ area, RV parking, and a dog park. This is a 55+ community that welcomes pets up to 30 lbs and requires park management approval.
Ownership within the community allows occupants 18 and older with a homeowner 55+ years old.
Key Highlights
- Two‑bedroom, two‑bath manufactured home with high ceilings and newer windows
- Remodeled kitchen with quartz countertops plus newer flooring and interior paint
- Primary bedroom includes a walk‑in closet; both bedrooms are described as large
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 | $39.7k | $31.80 |
| − Vacancy | −$3.2k | −$2.54 |
| EGI | $36.5k | $29.26 |
| − OpEx | −$16.4k | −$13.17 |
| NOI | $20.1k | $16.09 |
1,248 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$286.9K
$251.0K – $334.7K
NOI $20,081 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$668.2K
$584.7K – $779.5K
NOI $46,772 @ 7.0% cap · market cap 18.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,028
Businesses Nearby
Explore this area
Business Placement
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 - Updated two-bedroom, two-bath home in a pet-friendly 55+ community with resort-style amenities and a fenced yard.
Where is this mobile home & rv park located?
The property is located at 197-840 E Foothill Blvd Azusa, CA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath manufactured home with high ceilings and newer windows; Remodeled kitchen with quartz countertops plus newer flooring and interior paint; Primary bedroom includes a walk‑in closet; both bedrooms are described as large
