Two-Bedroom Mobile Home in
For Sale
$365,000
2135 Little Orchard 61, San Jose, CA 95125
Built in 1966, this 2-bedroom, 2-bath mobile home offers a functional layout in a gated, family community.
Property Size1,100 SF
Price / SF$331.82
Days on Market53
Property Features for 2135 Little Orchard 61
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
gated entrance
Building Details
Building Size
1,100 SF
Year Built
1966
Listing Agency:
KW Silicon City
Listed By:
Sunny Mach · License #02189276
(408) 381-8080
Source:
Elliman
Added: Jul 17
Changed: Sep 6
Last Checked: Sep 6 at 7:17AM
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 KW Silicon City
Investment Insights
Based on property information with market context.
This spacious 2-bedroom, 2-bath mobile home was built in 1966 and is approximately 1,100 square feet. The layout provides comfortable living space, and the kitchen and dining area include abundant cabinetry for storage and day-to-day functionality.
The home is located in Old Orchard, a well-secured family community with a gated entrance. It’s described as conveniently positioned near The Plant Shopping Center, downtown San Jose, and major commuter routes, including Highways 87, 101, and 280. Old Orchard’s access is controlled with a gated entry, supporting the community’s “well-secured” description.
BikeScore is 75 (very bikeable), WalkScore is 63 (somewhat walkable), and transitScore is 48 (some transit). Space rent is listed at $550 per month.
The home is located in Old Orchard, a well-secured family community with a gated entrance. It’s described as conveniently positioned near The Plant Shopping Center, downtown San Jose, and major commuter routes, including Highways 87, 101, and 280. Old Orchard’s access is controlled with a gated entry, supporting the community’s “well-secured” description.
BikeScore is 75 (very bikeable), WalkScore is 63 (somewhat walkable), and transitScore is 48 (some transit). Space rent is listed at $550 per month.
Key Highlights
- Built in 1966 mobile home with a functional 2‑bedroom, 2‑bath layout
- Approximately 1,100 sq. ft. of living space
- Kitchen and dining area features abundant cabinetry for storage and functionality
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
$22,952
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
6.29%
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%
$459,040
$459.0K
Cap Rate 7%
$327,886
$327.9K
Cap Rate 9%
$255,022
$255.0K
Market Conditions
NOI Build-Up for 1,100 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
$43.6K $39.60/SF
− Vacancy
−$1.8K −$1.66/SF
EGI
$41.7K $37.94/SF
− OpEx
−$18.8K −$17.07/SF
NOI
$23.0K $20.87/SF
Area
ZIP 95125
Vacancy
4.20%
Lease Rate
$39.60 /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%
$459,040
Cap Rate 7%
$327,886
Cap Rate 9%
$255,022
Alternative Uses
Best Use
Apartment 5plus
$327.9K
$286.9K – $382.5K
NOI $22,952 @ 7.0% cap · market cap 6.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.3K
$581.3K – $775.1K
NOI $46,503 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,341
Businesses Nearby
Explore this area
Business Placement
Demographics for 95125, CA
54,000
Population
22,151
Households
2.4
Avg Household Size
41
Median Age
56%
College-Educated
91%
High-School Grad
7.3 sq mi
ZIP Area
7,397
Density / Sq Mi
$148,422
Median Household Income
$77,440
Median Earnings
$2,394
Median Rent
$1,646,000
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 - Built in 1966, this 2-bedroom, 2-bath mobile home offers a functional layout in a gated, family community.
Where is this mobile home & rv park located?
The property is located at 2135 Little Orchard 61 San Jose, CA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Built in 1966 mobile home with a functional 2‑bedroom, 2‑bath layout; Approximately 1,100 sq. ft. of living space; Kitchen and dining area features abundant cabinetry for storage and functionality
