Remodeled Manufactured Home in 55+
38356 Devils Canyon Dr Palm Desert, CA 92260
For Sale
$399,000
Remodeled manufactured home with new dual-pane windows, updated flooring, and an open living concept in a pet-friendly 55+ community.
Property Size1,368 SF
Price / SF$291.67
Days on Market62
Property Features for 38356 Devils Canyon Dr
General Information
Standard status
Active
Size
1,368 SF
Property subtype
Manufactured In Park
Listing Agency:
Palm Desert Greens Real Estate
(760) 799-8326
Listed By:
Lisa Strohm
(760) 799-8326
Source:
Exprealty
Added: May 29
Changed: Jul 28
Last Checked: Jul 28 at 9:58AM
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 Palm Desert Greens Real Estate
Investment Insights
Based on property information with market context.
Remodeled manufactured home located in a 55+ community, featuring new energy-efficient dual-pane windows, updated flooring, and a refreshed kitchen with new appliances and quartz counters. The home includes an open living concept and is described as situated on a greenbelt area within a quiet inside street setting.
Palm Desert Greens offers a range of on-site amenities, including a fully staffed restaurant and bar, pro shop, salt water heated pools, a gym, and a billiards room, along with social clubs and activities to join.
Buyer is advised to verify square footage of the home.
Palm Desert Greens offers a range of on-site amenities, including a fully staffed restaurant and bar, pro shop, salt water heated pools, a gym, and a billiards room, along with social clubs and activities to join.
Buyer is advised to verify square footage of the home.
Key Highlights
- Remodeled manufactured home in a 55+ community on a quiet inside street
- Upgrades include new energy‑efficient dual pane windows and updated flooring
- Updated kitchen with new appliances and quartz counters
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 | $41.0k | $30.00 |
| − Vacancy | −$780 | −$0.57 |
| EGI | $40.3k | $29.43 |
| − OpEx | −$18.1k | −$13.24 |
| NOI | $22.1k | $16.19 |
1,368 SF · lease $30.00/SF/yr · vacancy 1.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$316.3K
$276.8K – $369.1K
NOI $22,143 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.8K
$358.6K – $478.1K
NOI $28,688 @ 7.0% cap · market cap 7.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Remodeled manufactured home with new dual-pane windows, updated flooring, and an open living concept in a pet-friendly 55+ community.
Where is this mobile home & rv park located?
The property is located at 38356 Devils Canyon Dr Palm Desert, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Remodeled manufactured home in a 55+ community on a quiet inside street; Upgrades include new energy‑efficient dual pane windows and updated flooring; Updated kitchen with new appliances and quartz counters
