Senior Mobile Home with
For Sale
$114,000
50-2345 190th St, Redondo Beach, CA 90278
Mobile home in a senior park with a covered patio, new carpeting, and a spacious driveway for two cars.
Property Size410 SF
Price / SF$278.05
Days on Market158
Property Features for 50-2345 190th St
General Information
Standard status
Active
Size
410 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Amenities
tankless water heater
shed
covered porch and patio
awning
Listing Agency:
Realty One Group United
(310) 200-4858
Listed By:
Denise Birtch · License #01294488
(310) 920-9131
Source:
Exprealty
Added: Apr 3
Changed: Aug 23
Last Checked: Sep 6 at 9:47AM
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 Realty One Group United
Investment Insights
Based on property information with market context.
Located in the Cresta Mobile Home Senior Park, this mobile home offers a spacious layout and is described as being in great condition. Recent improvements include interior and exterior paint and new carpet flooring within the last 7 years. The kitchen features many cabinets for storage and opens to a living area for a combined great-room feel. The bedroom includes two large closets and built-in drawers, and the home also has a tankless water heater.
Outside, there is a shed for storage and an outdoor porch and patio covered by an awning. The driveway is described as spacious and can accommodate two cars, and the property is noted as being less than 2 miles to the beach.
Outside, there is a shed for storage and an outdoor porch and patio covered by an awning. The driveway is described as spacious and can accommodate two cars, and the property is noted as being less than 2 miles to the beach.
Key Highlights
- Mobile home located in Cresta Mobile Home Senior Park
- New carpet flooring and interior and exterior painting within the last 7 years
- Kitchen offers many cabinets for storage, with natural light from multiple 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
$6,597
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
5.79%
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%
$131,940
$131.9K
Cap Rate 7%
$94,243
$94.2K
Cap Rate 9%
$73,300
$73.3K
Market Conditions
NOI Build-Up for 410 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
$13.0K $31.80/SF
− Vacancy
−$1.0K −$2.54/SF
EGI
$12.0K $29.26/SF
− OpEx
−$5.4K −$13.17/SF
NOI
$6.6K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /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%
$131,940
Cap Rate 7%
$94,243
Cap Rate 9%
$73,300
Alternative Uses
Best Use
Apartment 5plus
$94.2K
$82.5K – $110.0K
NOI $6,597 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.5K
$192.1K – $256.1K
NOI $15,366 @ 7.0% cap · market cap 13.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
Explore this area
Business Placement
Demographics for 90278, CA
42,188
Population
16,628
Households
2.5
Avg Household Size
39
Median Age
62%
College-Educated
96%
High-School Grad
3.7 sq mi
ZIP Area
11,402
Density / Sq Mi
$148,581
Median Household Income
$86,999
Median Earnings
$2,417
Median Rent
$1,195,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home in a senior park with a covered patio, new carpeting, and a spacious driveway for two cars.
Where is this mobile home & rv park located?
The property is located at 50-2345 190th St Redondo Beach, CA.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Mobile home located in Cresta Mobile Home Senior Park; New carpet flooring and interior and exterior painting within the last 7 years; Kitchen offers many cabinets for storage, with natural light from multiple windows
