Move-In Ready Mobile
54-3960 S Higuera St San Luis Obispo, CA 93401
New
For Sale
$215,000
Move-in ready 1973 mobile home with 2 bedrooms, 1 bath, dual-pane windows, and fenced yard in an all-age park.
Property Size800 SF
Price / SF$268.75
Days on Market5
Property Features for 54-3960 S Higuera St
General Information
- Standard status
- Active
- Size
- 800 SF
- Property subtype
- Manufactured In Park
Listing Agency:
BHGRE HAVEN PROPERTIES
(805) 441-6424
Listed By:
Judy Fitzgerald
(805) 441-6424
Source:
Exprealty
Added: Jul 20
Changed: Jul 24
Last Checked: Jul 24 at 2:05PM
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 BHGRE HAVEN PROPERTIES
Investment Insights
Based on property information with market context.
This well-maintained 1973 mobile home offers approximately 800 square feet of comfortable living space with 2 bedrooms and 1 bathroom. Fresh interior paint and laminate/vinyl flooring help create a bright interior, while dual-pane windows provide added comfort and energy efficiency. The kitchen includes stainless steel appliances. Outside, the fenced yard offers space for pets, gardening, or relaxing, and a large storage shed provides room for tools, hobbies, or extra belongings. An adjacent carport provides parking for two vehicles.
The home is located in Creekside Mobile Home Park, an all-age community. Residents have access to a spacious clubhouse, recreation room, swimming pool and spa, along with a playground and a dog park with a picnic area along San Luis Creek. The property is described as being near the Public Market and grocery and other shopping areas.
The adjacent carport, fenced yard, and on-site storage are designed to support day-to-day convenience within a community setting that includes multiple shared amenities.
The home is located in Creekside Mobile Home Park, an all-age community. Residents have access to a spacious clubhouse, recreation room, swimming pool and spa, along with a playground and a dog park with a picnic area along San Luis Creek. The property is described as being near the Public Market and grocery and other shopping areas.
The adjacent carport, fenced yard, and on-site storage are designed to support day-to-day convenience within a community setting that includes multiple shared amenities.
Key Highlights
- 1973 mobile home in Creekside Mobile Home Park (all‑age) with 2 bedrooms, 1 bath, and approx. 800 SF
- Fresh interior paint and laminate/vinyl flooring, plus dual‑pane windows for added comfort and energy efficiency
- Kitchen includes stainless steel appliances
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 | $28.8k | $36.00 |
| − Vacancy | −$720 | −$0.90 |
| EGI | $28.1k | $35.10 |
| − OpEx | −$12.6k | −$15.80 |
| NOI | $15.4k | $19.31 |
800 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$220.6K
$193.1K – $257.4K
NOI $15,444 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$314.6K
$275.3K – $367.1K
NOI $22,024 @ 7.0% cap · market cap 10.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready 1973 mobile home with 2 bedrooms, 1 bath, dual-pane windows, and fenced yard in an all-age park.
Where is this mobile home & rv park located?
The property is located at 54-3960 S Higuera St San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1973 mobile home in Creekside Mobile Home Park (all‑age) with 2 bedrooms, 1 bath, and approx. 800 SF; Fresh interior paint and laminate/vinyl flooring, plus dual‑pane windows for added comfort and energy efficiency; Kitchen includes stainless steel appliances
