55+ Mobile Home in
5-1075 Loma Dr Ojai, CA 93023
For Sale
$189,000
Updated mobile coach offers mini-split comfort, insulated windows, and a remodeled kitchen and bath.
Property Size470 SF
Price / SF$402.13
Days on Market24
Property Features for 5-1075 Loma Dr
General Information
- Standard status
- Active
- Size
- 470 SF
- Property subtype
- Manufactured In Park
Listing Agency:
Ojai Valley Real Estate
(805) 798-2246
Listed By:
Carol Blanton
(805) 798-2246
Source:
Exprealty
Added: Jun 30
Changed: Jul 23
Last Checked: Jul 23 at 2:25AM
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 Ojai Valley Real Estate
Investment Insights
Based on property information with market context.
This 55+ park mobile home features an updated classic coach layout with a newer mini-split system and insulated windows for year-round comfort and efficiency. The interior has been freshly painted and includes recessed lighting throughout, with continuous laminate flooring. The remodeled kitchen and bath offer updated cabinets, newer fixtures, appliances, and glass tile accents, along with butcher block counters and pendant lighting over a bar-area touch.
Included amenities include a stackable washer/dryer, stainless steel refrigerator, and a water purifier with easy-to-replace filters. The living room and front porch are set up to enjoy mountain views and sunsets. Outside, there is a generous side yard with three mature fruit trees (navel orange, blood orange, and loquat) and a secluded covered patio.
A shed is provided for storage just steps away. Hiking trails on a nature preserve are located directly across the street.
Included amenities include a stackable washer/dryer, stainless steel refrigerator, and a water purifier with easy-to-replace filters. The living room and front porch are set up to enjoy mountain views and sunsets. Outside, there is a generous side yard with three mature fruit trees (navel orange, blood orange, and loquat) and a secluded covered patio.
A shed is provided for storage just steps away. Hiking trails on a nature preserve are located directly across the street.
Key Highlights
- 55+ park mobile coach with updated classic interior and modern mini‑split for year‑round comfort
- Remodeled kitchen and bath with updated cabinets, newer fixtures and appliances, and glass tile accents
- Insulated windows plus recessed lighting and freshly painted interior; continuous laminate flooring
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 | $14.1k | $30.00 |
| − Vacancy | −$592 | −$1.26 |
| EGI | $13.5k | $28.74 |
| − OpEx | −$6.1k | −$12.93 |
| NOI | $7.4k | $15.81 |
470 SF · lease $30.00/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$106.1K
$92.9K – $123.8K
NOI $7,429 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$161.3K
$141.2K – $188.2K
NOI $11,294 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Updated mobile coach offers mini-split comfort, insulated windows, and a remodeled kitchen and bath.
Where is this mobile home & rv park located?
The property is located at 5-1075 Loma Dr Ojai, CA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 55+ park mobile coach with updated classic interior and modern mini‑split for year‑round comfort; Remodeled kitchen and bath with updated cabinets, newer fixtures and appliances, and glass tile accents; Insulated windows plus recessed lighting and freshly painted interior; continuous laminate flooring
