2-Bedroom Manufactured
54-3500 Bullock Ln San Luis Obispo, CA 93401
54-3500 Bullock Ln, San Luis Obispo, CA, 93401
$164,000
Pending
For Sale
$164,000
Pending
2-bedroom, 1-bath manufactured home with vaulted living room ceiling and a spacious yard in a country estate community.
Property Size720 SF
Days on Market36
Property Features for 54-3500 Bullock Ln
General Information
- Standard status
- Pending
- Size
- 720 SF
- Property subtype
- Manufactured In Park
Listing agency
Coastal Connection Real Estate
(209) 923-3976
Listed by
Kyle Reis · License #02210631
(209) 923-3976
Source
Exprealty
Added: Jun 17 Updated: Jul 22 at 8:55AM Checked: Jul 22 at 8:55AM
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 Coastal Connection Real Estate
Investment Insights
Based on property information with market context.
This 2-bedroom, 1-bath manufactured home features a vaulted living room ceiling and an outdoor area with a generously sized yard. Recent improvements include a new roof, new stabilizers, and new skirting, offering a maintained option for comfortable day-to-day living.
Located on the quieter side of Willow Creek Country Estates, the home is within walking distance of the community pool, clubhouse, and a large grass field.
Additional interior and exterior highlights include the open, airy feel created by the vaulted ceiling and outdoor space suitable for gardening, entertaining, or relaxing.
Located on the quieter side of Willow Creek Country Estates, the home is within walking distance of the community pool, clubhouse, and a large grass field.
Additional interior and exterior highlights include the open, airy feel created by the vaulted ceiling and outdoor space suitable for gardening, entertaining, or relaxing.
Key Highlights
- 2‑bedroom, 1‑bath manufactured home in Willow Creek Country Estates
- Vaulted ceiling in the living room
- Generously sized yard for gardening, entertaining, or relaxing
Local 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 | $25.9k | $36.00 |
| − Vacancy | −$648 | −$0.90 |
| EGI | $25.3k | $35.10 |
| − OpEx | −$11.4k | −$15.80 |
| NOI | $13.9k | $19.31 |
720 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$198.6K
$173.8K – $231.7K
NOI $13,900 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$283.2K
$247.8K – $330.4K
NOI $19,822 @ 7.0% cap · market cap 12.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - 2-bedroom, 1-bath manufactured home with vaulted living room ceiling and a spacious yard in a country estate community.
Where is this mobile home & rv park located?
The property is located at 54-3500 Bullock Ln San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $164,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath manufactured home in Willow Creek Country Estates; Vaulted ceiling in the living room; Generously sized yard for gardening, entertaining, or relaxing
