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Park Model Home with Deck
New
For Sale
$42,000

50-5935 Live Oak Drive, Kelseyville, CA 95451

Park model home in an all-ages Live Oak Mobile Home Park offering one bedroom, one bathroom, and a relaxing deck.

Property Size450 SF
Price / SF$93.33
Days on Market6

Property Features for 50-5935 Live Oak Drive

General Information

Standard status Active
Size 450 SF
Property subtype Manufactured In Park

Building Details

Year Built 2005
Buildings 1
Listing Agency: Century 21 Kobetz Realty
Listed By: Leigh S. Hunt
Source: Exprealty
Added: Jul 27 Changed: Jul 30 Last Checked: Jul 31 at 7:49PM

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 Kobetz Realty

Investment Insights

Based on property information with market context.

This park model home, built in 2005, offers approximately 450 square feet of thoughtfully designed living space with 1 bedroom and 1 bathroom. A welcoming deck extends outdoor enjoyment, and the home is situated within the all-ages Live Oak Mobile Home Park.

Residents have access to community amenities including a swimming pool, laundry facilities, a spacious lawn area, and separate men’s and women’s bathhouses with showers. The park also borders Kelsey Creek, with a nearby swimming hole and natural surroundings just steps from home.

Buyer approval is required by park management, and space rent is to be verified by the buyer. The property address is 50-5935 Live Oak Drive, Kelseyville, CA 95451, with nearby access to Clear Lake.

Key Highlights

  • All‑ages Live Oak Mobile Home Park
  • Approximately 450 square feet with 1 bedroom and 1 bathroom
  • 2005 park model home

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 $6.8k $15.12
− Vacancy −$340 −$0.76
EGI $6.5k $14.36
− OpEx −$2.9k −$6.46
NOI $3.6k $7.90
450 SF · lease $15.12/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$50.8K
$44.4K – $59.3K (±1% cap)
NOI $3,555 @ 7.0% cap · market cap 8.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$180.6K
$158.0K – $210.7K (±1% cap)
NOI $12,643 @ 7.0% cap · market cap 30.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Dental Office Law Firm Auto Parts Store Nail Salon Furniture & Home Goods Parking Lot & Garage

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

294
Businesses Nearby

Demographics for 95451, CA

11,747
Population
6,295
Households
1.9
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
92.9 sq mi
ZIP Area
126
Density / Sq Mi
$65,417
Median Household Income
$38,149
Median Earnings
$1,302
Median Rent
$340,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Park model home in an all-ages Live Oak Mobile Home Park offering one bedroom, one bathroom, and a relaxing deck.
Where is this mobile home & rv park located?
The property is located at 50-5935 Live Oak Drive Kelseyville, CA.
What is the asking price?
The asking price for this property is $42,000.
What are key features of this property?
This property features: All‑ages Live Oak Mobile Home Park; Approximately 450 square feet with 1 bedroom and 1 bathroom; 2005 park model home
More about this property
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