Residential Income Mobile
46-1202 Loma Dr Ojai, CA 93023
46-1202 Loma Dr, Ojai, CA, 93023
$239,000
For Sale
$239,000
Updated 2-bedroom, 2-bath mobile home with screened patio, included appliances, and a landscaped yard with mature fruit plants.
Property Size1,080 SF
Price / SF$221.30
Days on Market155
Property Features for 46-1202 Loma Dr
General Information
- Standard status
- Active
- Size
- 1,080 SF
- Property subtype
- Manufactured In Park
Listing agency
Keller Williams Westlake
(805) 798-3358
Listed by
Heather Erickson · License #01379424
(805) 798-3358
Source
Exprealty
Added: Feb 18 Updated: Jul 22 at 3:26PM Checked: Jul 22 at 3:26PM
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 Keller Williams Westlake
Investment Insights
Based on property information with market context.
This well-maintained 2-bedroom, 2-bath mobile home includes updated vinyl flooring and windows, along with a spacious primary suite featuring a walk-in closet and ample storage. The home offers a screened patio room for year-round use, plus a beautifully landscaped yard with mature fruiting plants that include grapes, lemon, apricot, artichokes, and a miniature orange tree.
The property is located near guest parking and provides access to outdoor recreation and local amenities. It is described as being near the Ojai Bike Trail, Saddle Trails, and an Ojai Trolley stop.
Additional features include all appliances included, a swamp cooler, an Aqua-Pure water filtration system, earthquake bracing, and three storage sheds.
The property is located near guest parking and provides access to outdoor recreation and local amenities. It is described as being near the Ojai Bike Trail, Saddle Trails, and an Ojai Trolley stop.
Additional features include all appliances included, a swamp cooler, an Aqua-Pure water filtration system, earthquake bracing, and three storage sheds.
Key Highlights
- Updated 2‑bedroom, 2‑bath home at 1202 Loma Dr. #46 with updated vinyl flooring and windows
- Spacious primary suite with walk‑in closet and ample storage throughout
- Screened patio room for year‑round use, with pet‑friendly screening
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 | $32.4k | $30.00 |
| − Vacancy | −$1.4k | −$1.26 |
| EGI | $31.0k | $28.74 |
| − OpEx | −$14.0k | −$12.93 |
| NOI | $17.1k | $15.81 |
1,080 SF · lease $30.00/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$243.9K
$213.4K – $284.5K
NOI $17,072 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.8K
$324.4K – $432.6K
NOI $25,953 @ 7.0% cap · market cap 10.86%
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 - Updated 2-bedroom, 2-bath mobile home with screened patio, included appliances, and a landscaped yard with mature fruit plants.
Where is this mobile home & rv park located?
The property is located at 46-1202 Loma Dr Ojai, CA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Updated 2‑bedroom, 2‑bath home at 1202 Loma Dr. #46 with updated vinyl flooring and windows; Spacious primary suite with walk‑in closet and ample storage throughout; Screened patio room for year‑round use, with pet‑friendly screening
