Turnkey 55+ Manufactured
321 Lark Drive Paso Robles, CA 93446
321 Lark Drive, Paso Robles, CA, 93446
$419,500
Pending
For Sale
$419,500
Pending
Updated manufactured home in Quail Run with vaulted ceilings, two bedrooms, two full baths, and a two-car garage.
Property Size1,488 SF
Days on Market38
Property Features for 321 Lark Drive
General Information
- Standard status
- Pending
- Size
- 1,488 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1981
Listing agency
GUIDE Real Estate
(805) 305-1287
Listed by
Lauren Wilczynski Henry · License #01895964
(805) 305-1287
Source
Compass
Added: Jun 15 Updated: Jul 21 at 10:25AM Checked: Jul 21 at 10:25AM
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 GUIDE Real Estate
Investment Insights
Based on property information with market context.
Welcome to Quail Run, a 55+ community in Paso Robles. This turnkey manufactured home has been updated with new luxury vinyl plank flooring, a new roof, fresh paint, and a new backyard fence. Inside, you’ll find vaulted ceilings in the living room and a spacious layout offering two generously sized bedrooms and two full bathrooms.
The bright kitchen opens to a private porch, providing an outdoor spot for morning coffee or evening relaxation. Outside, the backyard is beautifully maintained with lush grass, mature fruit trees, multiple sitting areas, and room to enjoy the Central Coast’s mild climate. A two-car garage adds convenient storage.
Quail Run residents have access to community amenities including a pool, spa, pickleball courts, tennis courts, RV storage, and a library, along with a calendar of community events and activities.
The bright kitchen opens to a private porch, providing an outdoor spot for morning coffee or evening relaxation. Outside, the backyard is beautifully maintained with lush grass, mature fruit trees, multiple sitting areas, and room to enjoy the Central Coast’s mild climate. A two-car garage adds convenient storage.
Quail Run residents have access to community amenities including a pool, spa, pickleball courts, tennis courts, RV storage, and a library, along with a calendar of community events and activities.
Key Highlights
- 1981‑built updated manufactured home in Quail Run (55+ community) with vaulted ceilings and a spacious floor plan
- Two bedrooms and two full bathrooms, with new luxury vinyl plank flooring and fresh paint throughout
- New roof and new backyard fence, plus a two‑car garage for storage and convenience
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 | $53.6k | $36.00 |
| − Vacancy | −$1.3k | −$0.90 |
| EGI | $52.2k | $35.10 |
| − OpEx | −$23.5k | −$15.80 |
| NOI | $28.7k | $19.31 |
1,488 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$410.4K
$359.1K – $478.8K
NOI $28,726 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$585.2K
$512.1K – $682.8K
NOI $40,965 @ 7.0% cap · market cap 9.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Mobile home & RV park - Updated manufactured home in Quail Run with vaulted ceilings, two bedrooms, two full baths, and a two-car garage.
Where is this mobile home & rv park located?
The property is located at 321 Lark Drive Paso Robles, CA.
What is the asking price?
The asking price for this property is $419,500.
What are key features of this property?
This property features: 1981‑built updated manufactured home in Quail Run (55+ community) with vaulted ceilings and a spacious floor plan; Two bedrooms and two full bathrooms, with new luxury vinyl plank flooring and fresh paint throughout; New roof and new backyard fence, plus a two‑car garage for storage and convenience