Updated Manufactured Home in
For Sale
$195,000
2-17377 Valley Blvd, Fontana, CA 92335
Move-in-ready manufactured home with 3 bedrooms, 2 baths, a bonus area, patio, and parking for up to three vehicles.
Property Size1,120 SF
Price / SF$174.11
Days on Market390
Property Features for 2-17377 Valley Blvd
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Manufactured In Park
Listing Agency:
Kasa Lending Inc.
(909) 360-3340
Listed By:
Ruben Hernandez
(909) 688-8682
Source:
Exprealty
Added: Aug 13, 2025
Changed: Sep 3
Last Checked: Sep 6 at 10:55AM
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 Kasa Lending Inc.
Investment Insights
Based on property information with market context.
This updated manufactured home offers an open-concept layout with three bedrooms and two bathrooms. The kitchen features quartz countertops, and both bathrooms have been recently upgraded. Additional improvements include fresh interior and exterior paint and durable vinyl flooring, along with a dedicated laundry room and a versatile bonus area. Outside, the property includes a patio with pavers and outdoor storage, plus parking for up to three vehicles.
The home is located within a peaceful, well-maintained community that offers shared amenities including a pool and clubhouse, as well as guest parking.
The property is presented as move-in-ready, with recent remodel work and multiple interior and exterior updates intended to support immediate occupancy.
The home is located within a peaceful, well-maintained community that offers shared amenities including a pool and clubhouse, as well as guest parking.
The property is presented as move-in-ready, with recent remodel work and multiple interior and exterior updates intended to support immediate occupancy.
Key Highlights
- Updated manufactured home with 3 bedrooms and 2 bathrooms
- Open‑concept layout with recent remodel; kitchen has quartz countertops
- Remodeled bathrooms, fresh interior and exterior paint, and durable vinyl flooring
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
$15,158
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
7.77%
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%
$303,160
$303.2K
Cap Rate 7%
$216,543
$216.5K
Cap Rate 9%
$168,422
$168.4K
Market Conditions
NOI Build-Up for 1,120 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
$29.2K $26.04/SF
− Vacancy
−$1.6K −$1.43/SF
EGI
$27.6K $24.61/SF
− OpEx
−$12.4K −$11.07/SF
NOI
$15.2K $13.53/SF
Area
Fontana, CA
Vacancy
5.50%
Lease Rate
$26.04 /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%
$303,160
Cap Rate 7%
$216,543
Cap Rate 9%
$168,422
Alternative Uses
Best Use
Apartment 5plus
$216.5K
$189.5K – $252.6K
NOI $15,158 @ 7.0% cap · market cap 7.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.9K
$285.2K – $380.2K
NOI $22,813 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 92335, CA
96,605
Population
25,861
Households
3.7
Avg Household Size
31
Median Age
10%
College-Educated
67%
High-School Grad
17.5 sq mi
ZIP Area
5,520
Density / Sq Mi
$75,198
Median Household Income
$35,912
Median Earnings
$1,636
Median Rent
$433,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Move-in-ready manufactured home with 3 bedrooms, 2 baths, a bonus area, patio, and parking for up to three vehicles.
Where is this mobile home & rv park located?
The property is located at 2-17377 Valley Blvd Fontana, CA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Updated manufactured home with 3 bedrooms and 2 bathrooms; Open‑concept layout with recent remodel; kitchen has quartz countertops; Remodeled bathrooms, fresh interior and exterior paint, and durable vinyl flooring
