Manufactured Home in 55+
59-2400 Cienaga St Oceano, CA 93445
59-2400 Cienaga St, Oceano, CA, 93445
$275,000
Pending
For Sale
$275,000
Pending
1997-built manufactured home with three bedrooms, two baths, central air, and a covered patio in a 55+ community.
Property Size1,080 SF
Days on Market134
Property Features for 59-2400 Cienaga St
General Information
- Standard status
- Pending
- Size
- 1,080 SF
- Property subtype
- Manufactured In Park
Listing agency
Century 21 Masters
(805) 391-0222
Listed by
April Moulton · License #01736191
(805) 391-0222
Source
Exprealty
Added: Mar 11 Updated: Jul 22 at 9:41AM Checked: Jul 22 at 9:41AM
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 Masters
Investment Insights
Based on property information with market context.
This 1997-built manufactured home offers three bedrooms and two bathrooms with a functional interior layout that includes a spacious living room, a dedicated dining area, and a well-equipped kitchen with ample cabinetry and counter space. The primary bedroom is positioned opposite the second and third bedrooms for additional privacy. An independent laundry room is designed for a side-by-side washer and dryer, and central air conditioning provides year-round comfort.
Outside, the home features a large covered patio and one of the larger private backyards within the community. There is also a covered carport with convenient access to the kitchen, along with two detached storage sheds. The home is located in the Duna Vista Mobile Home Park, a 55+ age-restricted community just over a mile from the beach, with a community room and organized activities.
Additional features include a quiet, well-kept setting within the park, supporting low-maintenance coastal living. Financing is available for the home.
Outside, the home features a large covered patio and one of the larger private backyards within the community. There is also a covered carport with convenient access to the kitchen, along with two detached storage sheds. The home is located in the Duna Vista Mobile Home Park, a 55+ age-restricted community just over a mile from the beach, with a community room and organized activities.
Additional features include a quiet, well-kept setting within the park, supporting low-maintenance coastal living. Financing is available for the home.
Key Highlights
- 3‑bedroom, 2‑bath manufactured home built in 1997 in the Duna Vista Mobile Home Park (55+ community)
- Over 1,000± sq ft with a spacious living room, dedicated dining area, and a well‑equipped kitchen with ample cabinetry
- Primary bedroom positioned opposite the 2nd and 3rd bedrooms for added privacy
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 | $38.9k | $36.00 |
| − Vacancy | −$972 | −$0.90 |
| EGI | $37.9k | $35.10 |
| − OpEx | −$17.1k | −$15.80 |
| NOI | $20.8k | $19.31 |
1,080 SF · lease $36.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$297.8K
$260.6K – $347.5K
NOI $20,849 @ 7.0% cap · market cap 7.58%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$424.7K
$371.7K – $495.5K
NOI $29,732 @ 7.0% cap · market cap 10.81%
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 - 1997-built manufactured home with three bedrooms, two baths, central air, and a covered patio in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 59-2400 Cienaga St Oceano, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath manufactured home built in 1997 in the Duna Vista Mobile Home Park (55+ community); Over 1,000± sq ft with a spacious living room, dedicated dining area, and a well‑equipped kitchen with ample cabinetry; Primary bedroom positioned opposite the 2nd and 3rd bedrooms for added privacy
