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Custom Manufactured Home in Mobile Home Park
For Sale
$625,000

203 Tremont Dr, Newport Beach, CA 92660

Move-in ready custom manufactured home with a private patio yard in Bayside Village mobile home park.

Property Size1,224 SF
Price / SF$510.62
Days on Market25

Property Features for 203 Tremont Dr

General Information

Standard status Active
Size 1,224 SF
Property subtype Manufactured In Park

Amenities

clubhouse
pool/jacuzzi
game courts
picnic areas
barbecues
fitness room
waterfront clubhouse
private beach
firepits
dog park
Listing Agency: Coldwell Banker Realty
Listed By: Marilyn Williams · License #00813847
Source: Exprealty
Added: Jul 7 Changed: Jul 30 Last Checked: Jul 30 at 3:38PM

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.

Custom-designed manufactured home near Back Bay in Bayside Village with an open, bright great room, kitchen with island, and dining area featuring numerous windows. The primary bedroom suite includes two walk-in closets and a spacious bathroom with a soaking bathtub. On the opposite end of the home, you’ll find a second bedroom and bath plus a third room that can serve as a sleeping area or an office. A dedicated laundry area has a door that steps out to the carport area, which also includes a storage room.

Outside, enjoy a private patio yard with mature trees, plants, and flowers. The home is upgraded throughout and presented as move-in ready.

Bayside Village offers both southside and northside community amenities, including clubhouses, pools and jacuzzis, game courts, picnic areas with barbeques, and a fitness room. The northside also features a waterfront clubhouse, private beach, firepits, additional picnic and barbeque areas, and a dog park. The property is on leased land.

Key Highlights

  • 1224 SF custom manufactured home in Bayside Village near Back Bay
  • Open great room plus kitchen island and bright dining area with numerous windows
  • Primary suite features two walk‑in closets and a soaking bathtub

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 $44.1k $36.00
− Vacancy −$1.6k −$1.30
EGI $42.5k $34.70
− OpEx −$19.1k −$15.62
NOI $23.4k $19.09
1,224 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$333.8K
$292.0K – $389.4K (±1% cap)
NOI $23,363 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.1K
$359.7K – $479.6K (±1% cap)
NOI $28,778 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Daycare Center Auto Repair Shop Grocery & Convenience Store Garden Center Barber Shop Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 92660, CA

36,259
Population
17,144
Households
2.1
Avg Household Size
46
Median Age
70%
College-Educated
98%
High-School Grad
9.6 sq mi
ZIP Area
3,777
Density / Sq Mi
$154,035
Median Household Income
$91,054
Median Earnings
$3,349
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Move-in ready custom manufactured home with a private patio yard in Bayside Village mobile home park.
Where is this mobile home & rv park located?
The property is located at 203 Tremont Dr Newport Beach, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1224 SF custom manufactured home in Bayside Village near Back Bay; Open great room plus kitchen island and bright dining area with numerous windows; Primary suite features two walk‑in closets and a soaking bathtub
More about this property
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