Renovated Residential Income
397-13039 Alpine Dr, Poway, CA 92064
For Sale
$399,900
Manufactured home with four bedrooms, updated interiors, hillside views, and a private setting without rear neighbors.
Property Size1,512 SF
Price / SF$264.48
Days on Market207
Property Features for 397-13039 Alpine Dr
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
Pellego, Inc.
(949) 625-4533
Listed By:
Reza Zahedi
(951) 268-0550
Source:
Exprealty
Added: Apr 17
Changed: Oct 26
Last Checked: Nov 8 at 8:29AM
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 Pellego, Inc.
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Investment Insights
Based on property information with market context.
This 1,512-square-foot manufactured home in Poway Royal Estates was built in 2009 and includes four bedrooms and two renovated bathrooms. Interior improvements include a remodeled kitchen with new cabinetry, quartz countertops, and brand-new appliances, plus luxury vinyl plank flooring, updated lighting, and contemporary finishes throughout. The open-concept living area supports everyday use and entertaining, while the bedroom layout provides flexibility for guests or a home office.
The residence occupies a setting with no rear neighbors and views across rolling green hills. It is located in Poway, California, within the Poway Unified School District. The property combines a larger residential floor plan with completed interior updates and a more private position within the community.
The residence occupies a setting with no rear neighbors and views across rolling green hills. It is located in Poway, California, within the Poway Unified School District. The property combines a larger residential floor plan with completed interior updates and a more private position within the community.
Key Highlights
- 1,512‑square‑foot manufactured home with four bedrooms and two bathrooms
- Built in 2009 in Poway Royal Estates
- Remodeled kitchen with new cabinetry, quartz countertops, and brand‑new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,123
Cap Rate
6.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,460
$502.5K
Cap Rate 7%
$358,900
$358.9K
Cap Rate 9%
$279,144
$279.1K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$48.1K $31.80/SF
− Vacancy
−$2.4K −$1.59/SF
EGI
$45.7K $30.21/SF
− OpEx
−$20.6K −$13.59/SF
NOI
$25.1K $16.62/SF
Area
San Diego County, CA
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,460
Cap Rate 7%
$358,900
Cap Rate 9%
$279,144
Alternative Uses
Best Use
Apartment 5plus
$358.9K
$314.0K – $418.7K
NOI $25,123 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$692.7K
$606.2K – $808.2K
NOI $48,492 @ 7.0% cap · market cap 12.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,047
Businesses Nearby
Explore this area
Business Placement
Demographics for 92064, CA
48,884
Population
16,987
Households
2.9
Avg Household Size
42
Median Age
54%
College-Educated
94%
High-School Grad
42.3 sq mi
ZIP Area
1,156
Density / Sq Mi
$144,201
Median Household Income
$66,906
Median Earnings
$2,261
Median Rent
$971,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in San Diego County, CA
Properties on Market for Residential income properties in San Diego County
Frequently Asked Questions
What type of property is this?
Residential income property - Manufactured home with four bedrooms, updated interiors, hillside views, and a private setting without rear neighbors.
Where is this residential income property located?
The property is located at 397-13039 Alpine Dr Poway, CA.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,512‑square‑foot manufactured home with four bedrooms and two bathrooms; Built in 2009 in Poway Royal Estates; Remodeled kitchen with new cabinetry, quartz countertops, and brand‑new appliances
