Remodeled Mobile Home in
For Sale
$199,000
Pending
33-7717 Church Ave, Highland, CA 92346
Triple-wide mobile home with 2 bedrooms, 2 bathrooms, cathedral ceilings, and an interior laundry room.
Property Size1,632 SF
Days on Market76
Property Features for 33-7717 Church Ave
General Information
Standard status
Pending
Size
1,632 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Amenities
pool
event room
Listing Agency:
Realty One Group West
(714) 602-2600
Listed By:
Jose Heredia
(714) 329-0456
Source:
Exprealty
Added: Jun 29
Changed: Sep 4
Last Checked: Sep 12 at 3:53PM
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 Realty One Group West
Investment Insights
Based on property information with market context.
This beautifully remodeled triple-wide mobile home offers approximately 1,632 square feet of living space with two bedrooms and two bathrooms. The home features cathedral ceilings, an open floor plan, and an interior laundry room. Updates have been made extensively since the seller’s purchase, and the exterior includes a big yard with a storage shed.
The property is conveniently located near the main entrance, the association office, and ample guest parking within the community. Community amenities include a pool and an event room, and the home is conveniently close to the 210 freeway.
Please note that the buyer must obtain park approval. Showings are available beginning July 6, 2026.
The property is conveniently located near the main entrance, the association office, and ample guest parking within the community. Community amenities include a pool and an event room, and the home is conveniently close to the 210 freeway.
Please note that the buyer must obtain park approval. Showings are available beginning July 6, 2026.
Key Highlights
- Beautifully remodeled triple‑wide mobile home with approximately 1,632 SF of living space
- 2 bedrooms, 2 bathrooms, cathedral ceilings, and an open floor plan
- Interior laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,448
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,960
$289.0K
Cap Rate 7%
$206,400
$206.4K
Cap Rate 9%
$160,533
$160.5K
Market Conditions
NOI Build-Up for 1,632 SF
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.
Gross rent
$28.0K $17.16/SF
− Vacancy
−$1.7K −$1.06/SF
EGI
$26.3K $16.10/SF
− OpEx
−$11.8K −$7.24/SF
NOI
$14.4K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$288,960
Cap Rate 7%
$206,400
Cap Rate 9%
$160,533
Alternative Uses
Best Use
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,448 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$344.2K
$301.2K – $401.6K
NOI $24,097 @ 7.0% cap · market cap 12.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
Demographics for 92346, CA
57,812
Population
18,075
Households
3.2
Avg Household Size
36
Median Age
25%
College-Educated
84%
High-School Grad
27.1 sq mi
ZIP Area
2,133
Density / Sq Mi
$84,818
Median Household Income
$40,066
Median Earnings
$1,654
Median Rent
$461,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Triple-wide mobile home with 2 bedrooms, 2 bathrooms, cathedral ceilings, and an interior laundry room.
Where is this mobile home & rv park located?
The property is located at 33-7717 Church Ave Highland, CA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Beautifully remodeled triple‑wide mobile home with approximately 1,632 SF of living space; 2 bedrooms, 2 bathrooms, cathedral ceilings, and an open floor plan; Interior laundry room
