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Mobile Home with Mountain Views
For Sale
$310,000

289 El Cielo, Newbury Park, CA 91320

Two-bedroom residence with a four-seasons porch, tandem covered parking, storage sheds, and access to extensive community amenities.

Property Size1,248 SF
Price / SF$248.40
Days on Market62

Property Features for 289 El Cielo

General Information

Standard status Active
Size 1,248 SF
Total Parking Spaces 2
Property subtype Manufactured In Park

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Highway Access Yes

Amenities

clubhouse
heated year-round pool
spa
18-hole putting green
library
fitness center
pool and tennis tables
meeting area
kitchen
dog run
gated community

Building Details

Buildings 1
Listing Agency: Berkshire Hathaway HomeServices California Properties
Listed By: Diane Mars
Source: Realtyrightchoice
Added: Aug 16 Changed: Oct 15 Last Checked: Oct 14 at 10:36PM

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

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Investment Insights

Based on property information with market context.

This 1,248-square-foot mobile home at 289 El Cielo includes two bedrooms, two bathrooms, a living room, dining area, kitchen, laundry room, and a four-seasons porch. The kitchen is equipped with a dishwasher, gas range, range hood, refrigerator, and stainless sink and faucet. The primary suite has a wall-to-wall closet, mirrored dressing area, and en-suite bathroom with dual vanity and tub. A walk-in shower serves the guest bathroom, while the laundry room includes a full-size washer, dryer, and storage cabinetry. The porch has been freshly painted and newly carpeted, and the property includes a two-car tandem covered carport and two storage sheds.

The home backs to open space with mountain views and sits within a gated, walkable 55+ community. Resident amenities include a renovated clubhouse, heated year-round pool, spa, 18-hole putting green, library, fitness center, game tables, meeting area, kitchen, and dog run. The property is near shopping, restaurants, parks, hiking trails, and the 101 Freeway.

Key Highlights

  • 1,248‑square‑foot mobile home with 2 bedrooms and 2 bathrooms
  • Four‑seasons porch with direct access to the low‑maintenance yard
  • Primary suite includes a wall‑to‑wall closet and en‑suite bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,755
Cap Rate
6.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,100 $395.1K
Cap Rate 7%
$282,214 $282.2K
Cap Rate 9%
$219,500 $219.5K
Market Conditions
NOI Build-Up for 1,248 SF
Gross rent
$37.9K $30.36/SF
− Vacancy
−$2.0K −$1.58/SF
EGI
$35.9K $28.78/SF
− OpEx
−$16.2K −$12.95/SF
NOI
$19.8K $15.83/SF
Area
Thousand Oaks, CA
Vacancy
5.20%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,100
Cap Rate 7%
$282,214
Cap Rate 9%
$219,500

Alternative Uses

Best Use
Apartment 5plus
$282.2K
$246.9K – $329.3K (±1% cap)
NOI $19,755 @ 7.0% cap · market cap 6.37%
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 11.04%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage Hair Salon Real Estate Agency Spa & Massage Center Bakery Barber Shop

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

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

Demographics for 91320, CA

44,462
Population
15,509
Households
2.9
Avg Household Size
43
Median Age
53%
College-Educated
95%
High-School Grad
20.2 sq mi
ZIP Area
2,201
Density / Sq Mi
$150,861
Median Household Income
$62,932
Median Earnings
$2,617
Median Rent
$917,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Two-bedroom residence with a four-seasons porch, tandem covered parking, storage sheds, and access to extensive community amenities.
Where is this mobile home & rv park located?
The property is located at 289 El Cielo Newbury Park, CA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,248‑square‑foot mobile home with 2 bedrooms and 2 bathrooms; Four‑seasons porch with direct access to the low‑maintenance yard; Primary suite includes a wall‑to‑wall closet and en‑suite bathroom
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