Updated Residential Income
For Sale
$65,000
Pending
5-13061 2nd St, Yucaipa, CA 92399
Remodeled mobile home with one bedroom, one bathroom, and laundry inside the kitchen.
Property Size432 SF
Days on Market68
Property Features for 5-13061 2nd St
General Information
Standard status
Pending
Size
432 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
indoor laundry area
Listing Agency:
CENTURY 21 LOIS LAUER REALTY
(951) 741-1363
Listed By:
Rosalva Lizama · License #02009280
(951) 741-1363
Source:
Exprealty
Added: Jun 24
Changed: Aug 29
Last Checked: Aug 29 at 11:55PM
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 CENTURY 21 LOIS LAUER REALTY
Investment Insights
Based on property information with market context.
This remodeled mobile home provides 432 sq.ft. of living space in a compact one-bedroom, one-bathroom layout. Improvements include a renovated kitchen and bathroom, newer flooring, updated double paint windows, a new bedroom door, and a mini-split heating and cooling system. An indoor laundry area is incorporated into the kitchen, supporting efficient everyday use.
The property is located at 5-13061 2nd St in Yucaipa, CA. Its practical floor plan and completed interior updates provide a refreshed residential setting without requiring the next occupant to undertake the listed improvements.
The property is located at 5-13061 2nd St in Yucaipa, CA. Its practical floor plan and completed interior updates provide a refreshed residential setting without requiring the next occupant to undertake the listed improvements.
Key Highlights
- 1‑bedroom, 1‑bath mobile home with 432 sq.ft. of living space
- Remodeled kitchen and bathroom
- Newer flooring and updated double paint windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$3,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$76,480
$76.5K
Cap Rate 7%
$54,629
$54.6K
Cap Rate 9%
$42,489
$42.5K
Market Conditions
NOI Build-Up for 432 SF
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.
Gross rent
$7.4K $17.16/SF
− Vacancy
−$460 −$1.06/SF
EGI
$7.0K $16.10/SF
− OpEx
−$3.1K −$7.24/SF
NOI
$3.8K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$76,480
Cap Rate 7%
$54,629
Cap Rate 9%
$42,489
Alternative Uses
Best Use
Apartment 5plus
$54.6K
$47.8K – $63.7K
NOI $3,824 @ 7.0% cap · market cap 5.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$91.1K
$79.7K – $106.3K
NOI $6,379 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 92399, CA
55,794
Population
19,382
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
89%
High-School Grad
53.6 sq mi
ZIP Area
1,041
Density / Sq Mi
$94,718
Median Household Income
$46,011
Median Earnings
$1,658
Median Rent
$472,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Remodeled mobile home with one bedroom, one bathroom, and laundry inside the kitchen.
Where is this residential income property located?
The property is located at 5-13061 2nd St Yucaipa, CA.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bath mobile home with 432 sq.ft. of living space; Remodeled kitchen and bathroom; Newer flooring and updated double paint windows
