Residential Income
311 Kona Lane Palm Springs, CA 92264
For Sale
$225,000
For sale residential income property located at 311 Kona Lane in Riverside County.
Property Size630 SF
Price / SF$357.14
Days on Market51
Property Features for 311 Kona Lane
General Information
- Standard status
- Active
- Size
- 630 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 2021
Listing Agency:
(760) 318-5318
Listed By:
Paul Legname
Source:
Evrealestate
Added: Jun 6
Changed: Jul 21
Last Checked: Jul 22 at 6:16AM
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 Paul Legname
Investment Insights
Based on property information with market context.
This residential income property is offered for sale and is associated with multiple property types, including multifamily and mobile home or RV park use. The listing is located at 311 Kona Lane in Palm Springs, CA 92264, within Riverside County.
Based on the information provided, the asset is sized at 630 (as stated in the listing data). Interested parties should review the property details directly to confirm unit mix, layout, and any operational characteristics tied to its income and RV/mobile arrangements.
For additional questions or to schedule a showing, contact the listing team for the most current documentation related to the property’s configuration and allowable uses.
Based on the information provided, the asset is sized at 630 (as stated in the listing data). Interested parties should review the property details directly to confirm unit mix, layout, and any operational characteristics tied to its income and RV/mobile arrangements.
For additional questions or to schedule a showing, contact the listing team for the most current documentation related to the property’s configuration and allowable uses.
Key Highlights
- Built in 2021
- Central air conditioning and central heating
- Appliances included: dishwasher, dryer, gas range, refrigerator, and washer
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 | $18.9k | $30.00 |
| − Vacancy | −$359 | −$0.57 |
| EGI | $18.5k | $29.43 |
| − OpEx | −$8.3k | −$13.24 |
| NOI | $10.2k | $16.19 |
630 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$145.7K
$127.5K – $170.0K
NOI $10,197 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$188.7K
$165.2K – $220.2K
NOI $13,212 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - For sale residential income property located at 311 Kona Lane in Riverside County.
Where is this mobile home & rv park located?
The property is located at 311 Kona Lane Palm Springs, CA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Built in 2021; Central air conditioning and central heating; Appliances included: dishwasher, dryer, gas range, refrigerator, and washer
