55+ Mobile Home Park
4848 1/2 Old Cliffs Road San Diego, CA 92120
4848 1/2 Old Cliffs Road, San Diego, CA, 92120
$220,000
For Sale
$220,000
Annual registration with HCD means no property taxes, plus central forced A/C, full-size washer and dryer, and a two-car tandem carport.
Property Size1,000 SF
Price / SF$220
Days on Market30
Property Features for 4848 1/2 Old Cliffs Road
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Manufactured In Park
Building Details
- Year Built
- 1966
Listing agency
Premier Realty Associates
(619) 743-2695
Listed by
Terrilyn Cincotta · License #01278390
(619) 743-2695
Source
Compass
Added: Jun 22 Updated: Jul 21 at 5:02AM Checked: Jul 21 at 5:02AM
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 Premier Realty Associates
Investment Insights
Based on property information with market context.
Welcome to the Cliffs mobile home park in Allied Gardens, a quiet 55+ community offering year-round shared amenities. Residents have access to two clubhouses and a range of on-site features including a large heated pool with jacuzzi, recreation spaces with TV’s and Wi‑Fi, and a library, shuffleboard, and dog walk area.
This home is described as being on an annual registration with HCD, with the stated benefit of no property taxes. Interior highlights include central forced A/C and heat, natural lighting, and a large primary bathroom. The home also includes a full-size washer and dryer and low-maintenance landscaping. Parking includes a two-car tandem carport, with guest parking noted nearby.
The community is presented as being minutes from Admiral Baker Golf Course, Mission Valley, Mission Trails, Downtown SD, shopping, dining, and health care, along with several activities and events listed in the remarks.
This home is described as being on an annual registration with HCD, with the stated benefit of no property taxes. Interior highlights include central forced A/C and heat, natural lighting, and a large primary bathroom. The home also includes a full-size washer and dryer and low-maintenance landscaping. Parking includes a two-car tandem carport, with guest parking noted nearby.
The community is presented as being minutes from Admiral Baker Golf Course, Mission Valley, Mission Trails, Downtown SD, shopping, dining, and health care, along with several activities and events listed in the remarks.
Key Highlights
- 55+ mobile home in the “Cliffs” mobile home park
- Annual registration with HCD—no property taxes
- 2 bed, 2 bath home with central forced A/C and forced‑air heat
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 | $31.8k | $31.80 |
| − Vacancy | −$1.7k | −$1.75 |
| EGI | $30.1k | $30.05 |
| − OpEx | −$13.5k | −$13.52 |
| NOI | $16.5k | $16.53 |
1,000 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$236.1K
$206.6K – $275.5K
NOI $16,528 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$395.0K
$345.6K – $460.8K
NOI $27,648 @ 7.0% cap · market cap 12.57%
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 - Annual registration with HCD means no property taxes, plus central forced A/C, full-size washer and dryer, and a two-car tandem carport.
Where is this mobile home & rv park located?
The property is located at 4848 1/2 Old Cliffs Road San Diego, CA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 55+ mobile home in the “Cliffs” mobile home park; Annual registration with HCD—no property taxes; 2 bed, 2 bath home with central forced A/C and forced‑air heat
