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Mobile Home in 55+ Community
For Sale
$399,000

6-6 Sunset Ter, Half Moon Bay, CA 94019

Mobile home with raised-ceiling open layout, skylit kitchen, new carpet, and front porch in a 55+ community.

Property Size1,120 SF
Price / SF$356.25
Days on Market273

Property Features for 6-6 Sunset Ter

General Information

Standard status Active
Size 1,120 SF
Property subtype Manufactured In Park
Listing Agency: Ocean Element Real Estate
Listed By: Joakim Bye · License #01706059
Source: Exprealty
Added: Jan 28 Changed: Oct 27 Last Checked: Oct 26 at 7:28PM

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 Ocean Element Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This mobile home features an open floor plan with raised ceilings and a light-filled kitchen with a skylight and breakfast bar. The living and dining area includes newly installed carpet, and plantation shutters are throughout. The home offers a spacious primary suite, an additional bedroom and bath for guests, plus a dedicated laundry room. A welcoming front porch extends the living space outdoors.

Located within the Canada Cove 55+ community, residents have access to a clubhouse, a seasonally heated pool, bocce ball court, fitness classes, and a full calendar of activities. The property also provides quick access to coastal trails and the beach, with easy access to Highway 1.

The interior layout is designed for comfortable day-to-day living, with defined bedroom and bathroom space for guests and an indoor laundry room supporting everyday convenience.

Key Highlights

  • Open floor plan with raised ceilings
  • Kitchen includes a skylight and breakfast bar
  • New carpet just installed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,483
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,660 $609.7K
Cap Rate 7%
$435,471 $435.5K
Cap Rate 9%
$338,700 $338.7K
Market Conditions
NOI Build-Up for 1,120 SF
Gross rent
$58.5K $52.20/SF
− Vacancy
−$3.0K −$2.71/SF
EGI
$55.4K $49.49/SF
− OpEx
−$24.9K −$22.27/SF
NOI
$30.5K $27.22/SF
Area
San Mateo County, CA
Vacancy
5.20%
Lease Rate
$52.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$609,660
Cap Rate 7%
$435,471
Cap Rate 9%
$338,700

Alternative Uses

Best Use
Apartment 5plus
$435.5K
$381.0K – $508.1K (±1% cap)
NOI $30,483 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$889.6K
$778.4K – $1.04M (±1% cap)
NOI $62,274 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 94019, CA

15,483
Population
5,849
Households
2.6
Avg Household Size
46
Median Age
54%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
259
Density / Sq Mi
$153,272
Median Household Income
$72,042
Median Earnings
$1,977
Median Rent
$1,509,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home with raised-ceiling open layout, skylit kitchen, new carpet, and front porch in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 6-6 Sunset Ter Half Moon Bay, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Open floor plan with raised ceilings; Kitchen includes a skylight and breakfast bar; New carpet just installed
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Includes: Price & PSF · Cap rate · Location · Zoning

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