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Well-Maintained Mobile Home in San Diego
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 Market315

Property Features for 2950 Iris Ave 33

General Information

Standard status Active
Size 1,140 SF
Lot size 0.05 Acres
Property subtype Other

Building Details

Building Size 1,140 SF
Year Built 2016
Stories 1
Listed By: Ignacio Yanez-O'Hara
Source: Elliman
Added: Dec 3, 2025 Changed: Oct 2 Last Checked: Oct 12 at 9:08PM

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

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 (±1% cap)
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 (±1% cap)
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

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Current Use

Iris Mobile Manor Campground & RV Park

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Restaurant

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

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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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
More about this property
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