Remodeled Mobile Home
New
For Sale
$335,000
3756 Lake Crest Drive 61, Yorba Linda, CA 92886
Remodeled residence in a 55+ community with an open living area, quartz island, porch, carport, and en suite primary bedroom.
Property Size1,440 SF
Price / SF$232.64
Days on Market3
Property Features for 3756 Lake Crest Drive 61
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
porch
carport
shed
Building Details
Buildings
1
Listing Agency:
Eva Raleigh, Broker
Listed By:
Eva Raleigh · License #01826907
(714) 632-1646
Source:
Kaleorealestate
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 10 at 2:43PM
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 Eva Raleigh, Broker
Investment Insights
Based on property information with market context.
This 1,440-square-foot mobile home is located within a 55+ senior park community and features a remodeled two-bedroom, two-bath layout. The open living area connects to the kitchen and dining space, where a large island with a quartz countertop anchors the interior. Updated cabinetry, laminate flooring, recessed lighting, crown molding, and dual-pane windows are complemented by electric blinds.
The north-facing porch provides exterior sitting space, while the rear door opens to a carport. The guest bedroom is positioned near a remodeled guest bathroom, and the primary bedroom includes a vanity area and en suite bathroom. Additional improvements include an A/C unit, water heater, and a large shed that is 4 years old.
The north-facing porch provides exterior sitting space, while the rear door opens to a carport. The guest bedroom is positioned near a remodeled guest bathroom, and the primary bedroom includes a vanity area and en suite bathroom. Additional improvements include an A/C unit, water heater, and a large shed that is 4 years old.
Key Highlights
- 1,440‑square‑foot mobile home in a 55+ senior park community
- Two bedrooms and two bathrooms with an en suite primary bedroom
- Open living, kitchen, and dining area with a large quartz island
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
$27,486
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
8.20%
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%
$549,720
$549.7K
Cap Rate 7%
$392,657
$392.7K
Cap Rate 9%
$305,400
$305.4K
Market Conditions
NOI Build-Up for 1,440 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
$51.8K $36.00/SF
− Vacancy
−$1.9K −$1.30/SF
EGI
$50.0K $34.70/SF
− OpEx
−$22.5K −$15.62/SF
NOI
$27.5K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /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%
$549,720
Cap Rate 7%
$392,657
Cap Rate 9%
$305,400
Alternative Uses
Best Use
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,486 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.7K
$423.2K – $564.3K
NOI $33,857 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 92886, CA
50,001
Population
17,624
Households
2.8
Avg Household Size
44
Median Age
55%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,846
Density / Sq Mi
$148,170
Median Household Income
$68,905
Median Earnings
$3,001
Median Rent
$1,062,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Remodeled residence in a 55+ community with an open living area, quartz island, porch, carport, and en suite primary bedroom.
Where is this mobile home & rv park located?
The property is located at 3756 Lake Crest Drive 61 Yorba Linda, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,440‑square‑foot mobile home in a 55+ senior park community; Two bedrooms and two bathrooms with an en suite primary bedroom; Open living, kitchen, and dining area with a large quartz island
