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Remodeled Three-Bedroom Mobile Home
For Sale
$225,000

36-21210 E Arrow Hwy, Covina, CA 91722

Remodeled within about two years with an open floor plan and cathedral ceilings plus updated windows, flooring, and plumbing.

Property Size1,176 SF
Price / SF$191.33
Days on Market96

Property Features for 36-21210 E Arrow Hwy

General Information

Standard status Active
Size 1,176 SF
Total Parking Spaces 2
Property subtype Manufactured In Park

Amenities

cathedral ceilings
wood laminate flooring
updated windows
kitchen island
pantry
Listing Agency: EXP REALTY OF CALIFORNIA INC
Listed By: MICHAEL LOPEZ
Source: Exprealty
Added: Apr 27 Changed: Jul 29 Last Checked: Jul 30 at 1:49PM

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 EXP REALTY OF CALIFORNIA INC

Investment Insights

Based on property information with market context.

Remodeled and updated three-bedroom, two-bath mobile home on a single level, with an open floor plan and cathedral ceilings throughout. The home was updated within approximately two years and features wood laminate flooring, updated windows, fresh paint, and updated plumbing access and fixtures for both bathrooms.

The kitchen includes an island, pantry, and ample storage and counter space. The primary bedroom is sized to accommodate a king-size bed, and all three bedrooms provide space for furniture. Outside, the exterior has been updated to minimize maintenance and help reduce water usage, and the carport can accommodate two cars, with lots of guest parking nearby.

The property totals 1,176 SF and is located in the City of Covina within the Charter Oak School District, at 36-21210 E Arrow Hwy.

Key Highlights

  • Updated within approximately two years with new windows, paint, and refreshed finishes
  • Open floor plan with cathedral ceilings throughout
  • Wood laminate flooring throughout

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 $37.4k $31.80
− Vacancy −$3.0k −$2.54
EGI $34.4k $29.26
− OpEx −$15.5k −$13.17
NOI $18.9k $16.09
1,176 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$270.3K
$236.5K – $315.4K (±1% cap)
NOI $18,923 @ 7.0% cap · market cap 8.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$629.6K
$550.9K – $734.6K (±1% cap)
NOI $44,074 @ 7.0% cap · market cap 19.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Accounting Firm Parking Lot & Garage Electrical Service

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

757
Businesses Nearby

Demographics for 91722, CA

36,111
Population
10,340
Households
3.5
Avg Household Size
38
Median Age
23%
College-Educated
82%
High-School Grad
4.1 sq mi
ZIP Area
8,808
Density / Sq Mi
$98,033
Median Household Income
$39,738
Median Earnings
$2,039
Median Rent
$626,100
Median Home Value

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 - Remodeled within about two years with an open floor plan and cathedral ceilings plus updated windows, flooring, and plumbing.
Where is this mobile home & rv park located?
The property is located at 36-21210 E Arrow Hwy Covina, 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: Updated within approximately two years with new windows, paint, and refreshed finishes; Open floor plan with cathedral ceilings throughout; Wood laminate flooring throughout
More about this property
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