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2-Bedroom Home in 55+ Community

243 El Cielo Newbury Park, CA 91320

243 El Cielo, Newbury Park, CA, 91320
$349,000
For Sale
$349,000

Remodeled 2-bedroom, 2-bath home with enclosed sun porch, dual-pane windows, and an attached covered 2-car carport.

Property Size1,248 SF
Price / SF$279.65
Days on Market56

Property Features for 243 El Cielo

General Information

Standard status
Active
Size
1,248 SF
Property subtype
Manufactured In Park
Listing agency Berkshire Hathaway HomeServices California Properties
Listed by Diane Mars
Source Exprealty
Added: May 27 Updated: Jul 21 at 10:28AM Checked: Jul 21 at 10:28AM

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 Berkshire Hathaway HomeServices California Properties


Investment Insights

Based on property information with market context.

This beautifully maintained 2-bedroom, 2-bath home offers 1,248 square feet of comfortable living space in a highly sought-after 55+ community. The open-concept living room includes built-in cabinetry, expansive windows, and abundant natural light. The remodeled kitchen features white cabinetry, seamless Corian countertops, stainless steel appliances, recessed lighting, and a double sink, with an adjoining dining area and built-in shelving.

An enclosed sun porch accessed through sliding glass doors adds flexible space, and the home also includes a separate laundry room with a stacked washer and dryer and storage. The guest bathroom offers a spacious tiled walk-in shower with a pedestal sink and linen storage. The primary suite includes a wall-to-wall closet and an en-suite bath with a walk-in shower and built-in vanity, while the secondary bedroom includes a large walk-in closet.

Additional features include dual-pane windows throughout, laminate flooring, new carpeting in select rooms, two portable AC units, a large low-maintenance yard, and a covered front porch for mountain views. There is an attached 2-car covered carport, a carpeted accessibility ramp, and a storage shed. Residents enjoy resort-style amenities such as a newly renovated clubhouse, year-round heated pool and spa, 18-hole putting green, library, fitness center, and a community gathering room with a full kitchen, all within a gated, walkable neighborhood near shopping, dining, parks, hiking trails, and the 101 Freeway.

Key Highlights

  • Remodeled 2‑bedroom, 2‑bath home with 1,248 sq. ft. of living space in the 55+ Vallecito Estates community
  • Open‑concept living area with built‑in cabinetry, expansive windows, and mountain views
  • Remodeled kitchen with white cabinetry, Corian countertops, stainless steel appliances, recessed lighting, and double sink

Local 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 $37.9k $30.36
− Vacancy −$2.0k −$1.58
EGI $35.9k $28.78
− OpEx −$16.2k −$12.95
NOI $19.8k $15.83
1,248 SF · lease $30.36/SF/yr · vacancy 5.20% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$282.2K
$246.9K – $329.3K (±1% cap)
NOI $19,755 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$489.0K
$427.9K – $570.5K (±1% cap)
NOI $34,231 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Parking Lot & Garage Hair Salon Spa & Massage Center Real Estate Agency Bakery Barber Shop (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - Remodeled 2-bedroom, 2-bath home with enclosed sun porch, dual-pane windows, and an attached covered 2-car carport.
Where is this mobile home & rv park located?
The property is located at 243 El Cielo Newbury Park, 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: Remodeled 2‑bedroom, 2‑bath home with 1,248 sq. ft. of living space in the 55+ Vallecito Estates community; Open‑concept living area with built‑in cabinetry, expansive windows, and mountain views; Remodeled kitchen with white cabinetry, Corian countertops, stainless steel appliances, recessed lighting, and double sink
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