55+ Gated Community 2-Bedroom
366 Lark Drive Paso Robles, CA 93446
366 Lark Drive, Paso Robles, CA, 93446
$539,900
Pending
For Sale
$539,900
Pending
2-bedroom, 2-bath home with flexible office/library space and backyard views of a greenbelt in a 55+ gated community.
Property Size1,351 SF
Days on Market36
Property Features for 366 Lark Drive
General Information
- Standard status
- Pending
- Size
- 1,351 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 2001
Listing agency
Century 21 Masters
(805) 239-0021
Listed by
Ronda OBrien · License #01956978
(805) 239-0021
Source
Compass
Added: Jun 17 Updated: Jul 21 at 11:42PM Checked: Jul 21 at 11:42PM
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 Century 21 Masters
Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath residence includes an additional flexible office/library space and a backyard overlooking a wide-open greenbelt. The bright kitchen features quartz counters, stainless steel appliances, a reverse osmosis water filtration system, and a new tankless water heater. Interior finishes include luxury vinyl plank flooring throughout, a tiled entryway, and ceiling fans, with extra storage provided by a custom True Shed.
The home is situated within a 55+ gated community that offers amenities such as a pool, spa, tennis and pickleball courts, a BBQ area, and community events. The property is listed for sale at 366 Lark Drive in Paso Robles and is described as being near shopping, medical facilities, wine country destinations, and Central Coast beaches.
The home is situated within a 55+ gated community that offers amenities such as a pool, spa, tennis and pickleball courts, a BBQ area, and community events. The property is listed for sale at 366 Lark Drive in Paso Robles and is described as being near shopping, medical facilities, wine country destinations, and Central Coast beaches.
Key Highlights
- 2‑bedroom, 2‑bath home plus a flexible office/library space in a 55+ gated community
- Kitchen features quartz counters, stainless steel appliances, and a reverse osmosis water filtration system
- New tankless water heater and luxury vinyl plank flooring throughout
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 | $48.6k | $36.00 |
| − Vacancy | −$1.2k | −$0.90 |
| EGI | $47.4k | $35.10 |
| − OpEx | −$21.3k | −$15.80 |
| NOI | $26.1k | $19.31 |
1,351 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$372.6K
$326.0K – $434.7K
NOI $26,081 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$531.3K
$464.9K – $619.9K
NOI $37,193 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - 2-bedroom, 2-bath home with flexible office/library space and backyard views of a greenbelt in a 55+ gated community.
Where is this mobile home & rv park located?
The property is located at 366 Lark Drive Paso Robles, CA.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath home plus a flexible office/library space in a 55+ gated community; Kitchen features quartz counters, stainless steel appliances, and a reverse osmosis water filtration system; New tankless water heater and luxury vinyl plank flooring throughout
