Listing Agency: First Team Real Estate Show Phone

Listed By: Duc Duong Show Phone

Source: Tfregroup

Added: Aug 16 Changed: Oct 12 Last Checked: Oct 16 at 8:56AM

Report an Issue

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 First Team Real Estate

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This all-age mobile home community includes a 3-bedroom, 2-bathroom residence with approximately 1,310 square feet of living area. A separate bonus room adds adaptable interior space for an office, guest area, hobby room, playroom, exercise area, or storage. The home also features a private backyard, covered patio, and an oversized covered carport accommodating up to 4 vehicles.

The property is positioned near Little Saigon, shopping centers, restaurants, schools, parks, and freeway access. Outdoor areas provide additional room for gatherings, gardening, and everyday use, while the interior configuration offers more flexibility than a typical manufactured home layout.

Key Highlights

• 3‑bedroom, 2‑bathroom mobile home with approximately 1,310 square feet
• Bonus room provides additional flexible interior space
• Oversized covered carport accommodates up to 4 vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$21,973

Cap Rate

8.90%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$439,460 $439.5K

Cap Rate 7%

$313,900 $313.9K

Cap Rate 9%

$244,144 $244.1K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,310 SF

Gross rent

$41.7K $31.80/SF

− Vacancy

−$1.7K −$1.30/SF

EGI

$40.0K $30.50/SF

− OpEx

−$18.0K −$13.72/SF

NOI

$22.0K $16.77/SF

Area

ZIP 92703

Vacancy

4.10%

Lease Rate

$31.80 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$439,460

Cap Rate 7%

$313,900

Cap Rate 9%

$244,144

Alternative Uses

Best Use

Apartment 5plus

$313.9K

$274.7K – $366.2K (±1% cap)

NOI $21,973 @ 7.0% cap · market cap 8.90%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$379.2K

$331.8K – $442.4K (±1% cap)

NOI $26,541 @ 7.0% cap · market cap 10.75%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Hardscape Knights General Contractor Gables Mobile Estates Campground & RV Park Mauro Vargas Painting ... Painting Service OC Custom Retrofit Auto Parts Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Daycare Center (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

666

Businesses Nearby

Explore this area Business Placement

Demographics for 92703, CA

65,621

Population

14,644

Households

4.5

Avg Household Size

34

Median Age

13%

College-Educated

60%

High-School Grad

4.2 sq mi

ZIP Area

15,624

Density / Sq Mi

$80,817

Median Household Income

$33,363

Median Earnings

$1,922

Median Rent

$585,900

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Similar For Sale Nearby

See more

55+ Mobile Home in Park

106-4117 W Mcfadden Ave, Santa Ana, CA 92707

$120,000

View details

Mobile Home in Gated Park

205 Emerald Ln 205, Santa Ana, CA 92703

$65,000

View details

Remodeled Second-Floor Office Condo

1913 E 17th Unit 204, Santa Ana, CA 92705

$325,000

1,165 SF

View details

Renovated Duplex with Corner Lot

604 S Van Ness Avenue, Santa Ana, CA 92701

$765,000

1,296 SF

View details

Modern Residential Income Property

125 S Harbor Blvd., Santa Ana, CA 92704

$799,990

1,520 SF

View details

Remodeled Home with Separate ADU

408 S Flower St, Santa Ana, CA 92703

$999,999

1,148 SF

View details

Manufactured Residential Income Property

210 Dresden Ave N, Santa Ana, CA 92703

$125,000

1,000 SF

View details

Santa Ana Office Building

3750 S Susan St, Santa Ana, CA 92704

$6,599,000

1,355 SF

View details

Duplex with Covered Carport

304 N Susan, Santa Ana, CA 92703

$799,000

1,092 SF

View details

Bali Hi 55+ Residential Community

55-432 S Harbor Blvd, Santa Ana, CA 92703

$124,500

960 SF

View details

Duplex with Individual Garages

821 S Orange, Santa Ana, CA 92701

$829,000

View details

Duplex With Private Enclosed Yards

1618 Freeman St, Santa Ana, CA 92706

$995,000

1,715 SF

View details

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Three-bedroom residence with a flexible bonus room, covered patio, private yard, and four-vehicle carport.

Where is this mobile home & rv park located?

The property is located at 4801 W 1st Street 107 Santa Ana, CA.

What is the asking price?

The asking price for this property is $246,900.

What are key features of this property?

This property features: 3‑bedroom, 2‑bathroom mobile home with approximately 1,310 square feet; Bonus room provides additional flexible interior space; Oversized covered carport accommodates up to 4 vehicles