Manufactured Home with Attached
For Sale
$339,000
243-15111 Pipeline Ave, Chino Hills, CA 91709
Brand-new 2 bed, 2 bath manufactured home with an attached deck, walk-in pantry, and side-by-side two-car parking.
Property Size1,296 SF
Price / SF$261.57
Days on Market101
Property Features for 243-15111 Pipeline Ave
General Information
Standard status
Active
Size
1,296 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Additional Details
Outdoor Storage
Yes
Clear Height
9 ft
Amenities
two clubhouses
swimming pool
spa
scenic walking trails
Building Details
Construction
manufactured home
Listing Agency:
Home Works Realty
(800) 639-4663
Listed By:
John Nolan
(714) 600-2054
Source:
Exprealty
Added: May 29
Changed: Sep 2
Last Checked: Sep 5 at 12:35PM
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 Home Works Realty
Investment Insights
Based on property information with market context.
This brand-new manufactured home offers a 2-bedroom, 2-bath layout with an open floor plan designed to feel bright and airy. Highlights include 9-foot ceilings, oversized windows, a functional kitchen with a walk-in pantry, and included stainless steel appliances. The primary suite features a generous walk-in closet. Outside, the home includes a large attached deck, a storage shed, and rare side-by-side two-car parking.
Set in a quiet cul-de-sac within the 55+ community of Lake Los Serranos, the property provides a private setting surrounded by mature trees and natural landscape. Residents have access to two clubhouses, a swimming pool, a spa, and scenic walking trails around the central lake.
A 7-year manufacturer warranty is included for added peace of mind.
Set in a quiet cul-de-sac within the 55+ community of Lake Los Serranos, the property provides a private setting surrounded by mature trees and natural landscape. Residents have access to two clubhouses, a swimming pool, a spa, and scenic walking trails around the central lake.
A 7-year manufacturer warranty is included for added peace of mind.
Key Highlights
- Brand‑new 2 bed, 2 bath manufactured home in a quiet cul‑de‑sac in Lake Los Serranos (55+ community).
- 1,296 SF open floor plan with 9‑foot ceilings and oversized windows for a bright, airy feel.
- Kitchen includes a walk‑in pantry and included stainless steel appliances.
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
$11,473
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
3.38%
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%
$229,460
$229.5K
Cap Rate 7%
$163,900
$163.9K
Cap Rate 9%
$127,478
$127.5K
Market Conditions
NOI Build-Up for 1,296 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
$22.2K $17.16/SF
− Vacancy
−$1.4K −$1.06/SF
EGI
$20.9K $16.10/SF
− OpEx
−$9.4K −$7.24/SF
NOI
$11.5K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /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%
$229,460
Cap Rate 7%
$163,900
Cap Rate 9%
$127,478
Alternative Uses
Best Use
Apartment 5plus
$163.9K
$143.4K – $191.2K
NOI $11,473 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$273.4K
$239.2K – $318.9K
NOI $19,136 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
9 ft
Clear height
Location Intelligence
Trade Area within ½ mile
1,342
Businesses Nearby
Explore this area
Business Placement
Demographics for 91709, CA
78,530
Population
26,282
Households
3
Avg Household Size
39
Median Age
48%
College-Educated
93%
High-School Grad
44.8 sq mi
ZIP Area
1,753
Density / Sq Mi
$122,784
Median Household Income
$57,295
Median Earnings
$2,750
Median Rent
$829,900
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 - Brand-new 2 bed, 2 bath manufactured home with an attached deck, walk-in pantry, and side-by-side two-car parking.
Where is this mobile home & rv park located?
The property is located at 243-15111 Pipeline Ave Chino Hills, CA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Brand‑new 2 bed, 2 bath manufactured home in a quiet cul‑de‑sac in Lake Los Serranos (55+ community).; 1,296 SF open floor plan with 9‑foot ceilings and oversized windows for a bright, airy feel.; Kitchen includes a walk‑in pantry and included stainless steel appliances.
