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Residential Income Property
For Sale
$237,000

33410 San Lucas Trail, Thousand Palms, CA 92276

For sale residential income property located in Riverside County, listed at $237,000.

Property Size1,344 SF
Price / SF$176.34
Days on Market174

Property Features for 33410 San Lucas Trail

General Information

Standard status Active
Size 1,344 SF
Total Parking Spaces 3
Property subtype Manufactured In Park

Amenities

Golf, Pool
Clubhouse, Tennis Court(s), Basketball Court, Billiard Room, Golf Course, Maintenance Grounds, Management, Playground
Ceiling Fan(s), Central Air
Exhaust Fan, Central, Forced Air
Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Oven, Refrigerator, Washer
Built-in Features, Vaulted Ceiling(s), Beamed Ceilings, Open Floorplan
Mountain(s)
Attached Carport, Driveway
Contemporary

Building Details

Building Size 1,344 SF
Year Built 1984
Stories 1
Listing Agency: Windermere Real Estate
Listed By: Raul Leanos
Source: Evrealestate
Added: May 2 Changed: Oct 16 Last Checked: Oct 20 at 9:17PM

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 Windermere Real Estate

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Investment Insights

Based on property information with market context.

This for-sale residential income property is listed with multiple property type categories, including residential income, multifamily, and mobile home & RV parks. The property is presented at a $237,000 asking price.

The asset is located at 33410 San Lucas Trail in Thousand Palms, California, within Riverside County. Public records provided here also note a property size of 1,344 (unit not specified in the available information).

Key Highlights

  • Residential income property in Riverside County, listed at $237,000
  • 1984‑built contemporary home with open floor plan and vaulted/beamed ceilings
  • Central air and central forced‑air heating plus ceiling fans

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,755
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,100 $435.1K
Cap Rate 7%
$310,786 $310.8K
Cap Rate 9%
$241,722 $241.7K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$40.3K $30.00/SF
− Vacancy
−$766 −$0.57/SF
EGI
$39.6K $29.43/SF
− OpEx
−$17.8K −$13.24/SF
NOI
$21.8K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,100
Cap Rate 7%
$310,786
Cap Rate 9%
$241,722

Alternative Uses

Best Use
Apartment 5plus
$310.8K
$271.9K – $362.6K (±1% cap)
NOI $21,755 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$402.6K
$352.3K – $469.8K (±1% cap)
NOI $28,185 @ 7.0% cap · market cap 11.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 92276, CA

7,953
Population
3,757
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
86%
High-School Grad
37.0 sq mi
ZIP Area
215
Density / Sq Mi
$80,280
Median Household Income
$35,124
Median Earnings
$1,432
Median Rent
$260,500
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

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - For sale residential income property located in Riverside County, listed at $237,000.
Where is this mobile home & rv park located?
The property is located at 33410 San Lucas Trail Thousand Palms, CA.
What is the asking price?
The asking price for this property is $237,000.
What are key features of this property?
This property features: Residential income property in Riverside County, listed at $237,000; 1984‑built contemporary home with open floor plan and vaulted/beamed ceilings; Central air and central forced‑air heating plus ceiling fans
More about this property
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