Well-Maintained Mobile Home in San
For Sale
$234,900
2950 Iris Ave 33, San Diego, CA 92154
2-bed, 2-bath mobile home in a quiet senior park.
Property Size1,140 SF
Lot Size0.05 Acres
Days on Market326
Property Features for 2950 Iris Ave 33
General Information
Standard status
Active
Size
1,140 SF
Lot size
0.05 Acres
Property subtype
Other
Site & Location
Neighborhood
Otay Mesa West
Building Details
Building Size
1,140 SF
Year Built
2016
Stories
1
Listed By:
Ignacio Yanez-O'Hara
(619) 551-0420
Source:
Elliman
Added: Dec 3, 2025
Changed: Oct 18
Last Checked: Oct 24 at 6:11PM
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 Ignacio Yanez-O'Hara
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a well-maintained mobile home built in 2016, featuring 2 bedrooms plus a den currently used as a third bedroom, and 2 bathrooms. It is located in a quiet senior (55+/18+) park. The monthly rent for the lot is $1115. The property includes a spacious carport and porch. Appliances are included. One resident must be 55 or older, and other residents must be 18 or older. Financing is available for approved clients.
Key Highlights
- Well‑maintained 2016 manufactured home
- 2 bedrooms + Den (can be used as a 3rd bedroom)
- Located in a quiet Senior (55+/18+) park
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,489
Cap Rate
9.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,780
$429.8K
Cap Rate 7%
$306,986
$307.0K
Cap Rate 9%
$238,767
$238.8K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$41.0K $36.00/SF
− Vacancy
−$2.0K −$1.73/SF
EGI
$39.1K $34.27/SF
− OpEx
−$17.6K −$15.42/SF
NOI
$21.5K $18.85/SF
Area
ZIP 92154
Vacancy
4.80%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,780
Cap Rate 7%
$306,986
Cap Rate 9%
$238,767
Alternative Uses
Best Use
Apartment 5plus
$307.0K
$268.6K – $358.2K
NOI $21,489 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$408.1K
$357.1K – $476.1K
NOI $28,564 @ 7.0% cap · market cap 12.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
577
Businesses Nearby
Explore this area
Business Placement
Demographics for 92154, CA
84,027
Population
23,832
Households
3.5
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
51.3 sq mi
ZIP Area
1,638
Density / Sq Mi
$90,035
Median Household Income
$42,333
Median Earnings
$2,143
Median Rent
$606,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - 2-bed, 2-bath mobile home in a quiet senior park.
Where is this mobile home & rv park located?
The property is located at 2950 Iris Ave 33 San Diego, CA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: Well‑maintained 2016 manufactured home; 2 bedrooms + Den (can be used as a 3rd bedroom); Located in a quiet Senior (55+/18+) park
