Senior Mobile Home
For Sale
$264,000
57-1146 Birch Ave, Seaside, CA 93955
Approximately 940 sq ft two-bedroom, two-bath manufactured home with central gas forced-air heating and in-home laundry.
Property Size940 SF
Price / SF$280.85
Days on Market67
Property Features for 57-1146 Birch Ave
General Information
Standard status
Active
Size
940 SF
Property subtype
Manufactured In Park
Listing Agency:
Mont Grove Realty
Listed By:
Doree Hyland
(831) 521-5595
Source:
Exprealty
Added: Jul 2
Changed: Aug 25
Last Checked: Sep 5 at 2:57PM
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 Mont Grove Realty
Investment Insights
Based on property information with market context.
Located in Seaside’s 55+ senior community, Seaside Mobile Estates, this manufactured home offers approximately 940 sq ft of living space with two bedrooms and two full bathrooms. The home includes a ground-floor bedroom and updated marble-finish bathrooms with stall and tub showers. The kitchen is equipped with a gas oven range, refrigerator, dishwasher, exhaust fan, and hood over the range, along with an ice maker.
Additional interior features include carpet, laminate, and vinyl/linoleum flooring, central forced-air heating with gas, and ceiling fans for cooling. The home has double-pane windows and low-flow showerheads and toilets for energy efficiency. Laundry is provided by a washer and dryer.
The dining area is arranged in an “L” layout, and the home does not include a fireplace or family room. The property is close to shops, restaurants, the recreation trail, and the beach.
Additional interior features include carpet, laminate, and vinyl/linoleum flooring, central forced-air heating with gas, and ceiling fans for cooling. The home has double-pane windows and low-flow showerheads and toilets for energy efficiency. Laundry is provided by a washer and dryer.
The dining area is arranged in an “L” layout, and the home does not include a fireplace or family room. The property is close to shops, restaurants, the recreation trail, and the beach.
Key Highlights
- Approximately 940 SF manufactured home in a 55+ senior community in Seaside
- 2 bedrooms including a ground‑floor bedroom and 2 full bathrooms with updated marble finishes
- Kitchen includes gas oven/range, refrigerator, dishwasher, and exhaust fan with hood over range and ice maker
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
$15,122
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
5.73%
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%
$302,440
$302.4K
Cap Rate 7%
$216,029
$216.0K
Cap Rate 9%
$168,022
$168.0K
Market Conditions
NOI Build-Up for 940 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
$28.2K $30.00/SF
− Vacancy
−$705 −$0.75/SF
EGI
$27.5K $29.25/SF
− OpEx
−$12.4K −$13.16/SF
NOI
$15.1K $16.09/SF
Area
Monterey County, CA
Vacancy
2.50%
Lease Rate
$30.00 /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%
$302,440
Cap Rate 7%
$216,029
Cap Rate 9%
$168,022
Alternative Uses
Best Use
Apartment 5plus
$216.0K
$189.0K – $252.0K
NOI $15,122 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$358.9K
$314.1K – $418.8K
NOI $25,125 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,256
Businesses Nearby
Explore this area
Business Placement
Demographics for 93955, CA
32,703
Population
11,150
Households
2.9
Avg Household Size
34
Median Age
28%
College-Educated
81%
High-School Grad
26.3 sq mi
ZIP Area
1,243
Density / Sq Mi
$82,331
Median Household Income
$35,488
Median Earnings
$2,312
Median Rent
$693,800
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 - Approximately 940 sq ft two-bedroom, two-bath manufactured home with central gas forced-air heating and in-home laundry.
Where is this mobile home & rv park located?
The property is located at 57-1146 Birch Ave Seaside, CA.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: Approximately 940 SF manufactured home in a 55+ senior community in Seaside; 2 bedrooms including a ground‑floor bedroom and 2 full bathrooms with updated marble finishes; Kitchen includes gas oven/range, refrigerator, dishwasher, and exhaust fan with hood over range and ice maker
