Residential Home with Screened
53-24414 University Ave Loma Linda, CA 92354
For Sale
$169,000
Pending
Well-maintained home featuring newer interior/exterior paint, good carpeting, an L-shaped kitchen, and a screened porch.
Property Size1,440 SF
Days on Market132
Property Features for 53-24414 University Ave
General Information
Standard status
Pending
Size
1,440 SF
Property subtype
Manufactured In Park
Listing Agency:
UNIVERSITY REALTY INC.
(909) 796-0156
Listed By:
Mark Cleveland · License #01897447
(909) 796-0156
Source:
Exprealty
Added: Mar 20
Changed: Jul 26
Last Checked: Jul 26 at 5:48AM
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 UNIVERSITY REALTY INC.
Investment Insights
Based on property information with market context.
This spacious home has been well cared for and is ready for a new owner. Interior carpet is in good condition, and both interior and exterior paint are newer. The L-shaped kitchen opens to the dining and family rooms with ample storage, creating a functional shared living layout. A cozy screened-in porch provides an outdoor spot for evenings, and there is an exterior storage shed for added convenience.
The property is positioned next to a community park and offers extra parking, with views to the Mountains as referenced in the remarks.
Overall, the home combines comfortable indoor gathering space with outdoor living under screen, supported by practical storage and move-in readiness.
The property is positioned next to a community park and offers extra parking, with views to the Mountains as referenced in the remarks.
Overall, the home combines comfortable indoor gathering space with outdoor living under screen, supported by practical storage and move-in readiness.
Key Highlights
- Well‑maintained home with newer interior and exterior paint
- Carpet is in good condition throughout the interior
- L‑shaped kitchen opens to the dining and family rooms
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 | $24.7k | $17.16 |
| − Vacancy | −$1.5k | −$1.06 |
| EGI | $23.2k | $16.10 |
| − OpEx | −$10.4k | −$7.24 |
| NOI | $12.7k | $8.85 |
1,440 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$182.1K
$159.4K – $212.5K
NOI $12,748 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.7K
$265.8K – $354.4K
NOI $21,262 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Well-maintained home featuring newer interior/exterior paint, good carpeting, an L-shaped kitchen, and a screened porch.
Where is this mobile home & rv park located?
The property is located at 53-24414 University Ave Loma Linda, CA.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Well‑maintained home with newer interior and exterior paint; Carpet is in good condition throughout the interior; L‑shaped kitchen opens to the dining and family rooms
