3-Bedroom Mobile
For Sale
$349,000
237 Albatross, Fountain Valley, CA 92708
Updated residence in a 55+ community with a covered porch, island kitchen, and access to shared recreational amenities.
Property Size1,566 SF
Price / SF$222.86
Days on Market50
Property Features for 237 Albatross
General Information
Standard status
Active
Size
1,566 SF
Property subtype
Manufactured In Park
Units
Unit Mix
3BR/2BA
Multifamily Units
1
Amenities
swimming pool
hot tub
clubhouse
game room
laundry room
front porch
Listing Agency:
J&R Real Estate
(714) 768-4420
Listed By:
Rick Olson · License #01900743
Source:
Realtyrightchoice
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 26 at 3:52PM
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 J&R Real Estate
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Investment Insights
Based on property information with market context.
This 3-bedroom, 2-bath mobile home offers 1,566 square feet with a welcoming front porch and high tray ceilings finished with crown molding. The interior includes wood flooring, an island kitchen with stainless steel appliances and a custom backsplash, plus an indoor laundry room with pantry storage. Both bathrooms have been upgraded.
The home is located in a 55+ community at 237 Albatross in Fountain Valley. Community amenities include a swimming pool, hot tub, clubhouse, and game room, providing several shared recreation options for residents.
The home is located in a 55+ community at 237 Albatross in Fountain Valley. Community amenities include a swimming pool, hot tub, clubhouse, and game room, providing several shared recreation options for residents.
Key Highlights
- 1,566‑square‑foot mobile home with 3 bedrooms and 2 bathrooms
- 55+ community in Fountain Valley
- Front porch and high tray ceilings with crown molding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,891
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,820
$597.8K
Cap Rate 7%
$427,014
$427.0K
Cap Rate 9%
$332,122
$332.1K
Market Conditions
NOI Build-Up for 1,566 SF
Gross rent
$56.4K $36.00/SF
− Vacancy
−$2.0K −$1.30/SF
EGI
$54.3K $34.70/SF
− OpEx
−$24.5K −$15.62/SF
NOI
$29.9K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$597,820
Cap Rate 7%
$427,014
Cap Rate 9%
$332,122
Alternative Uses
Best Use
Apartment 5plus
$427.0K
$373.6K – $498.2K
NOI $29,891 @ 7.0% cap · market cap 8.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$526.0K
$460.2K – $613.7K
NOI $36,819 @ 7.0% cap · market cap 10.55%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,704
Businesses Nearby
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Business Placement
Demographics for 92708, CA
57,192
Population
19,250
Households
3
Avg Household Size
45
Median Age
45%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
6,285
Density / Sq Mi
$111,797
Median Household Income
$51,944
Median Earnings
$2,507
Median Rent
$1,018,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Updated residence in a 55+ community with a covered porch, island kitchen, and access to shared recreational amenities.
Where is this mobile home & rv park located?
The property is located at 237 Albatross Fountain Valley, CA.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,566‑square‑foot mobile home with 3 bedrooms and 2 bathrooms; 55+ community in Fountain Valley; Front porch and high tray ceilings with crown molding
