Mobile Home Park
For Sale
$279,900
60-16274 Vasquez Canyon Rd, Canyon Country, CA 91351
Three-bedroom manufactured home with solar, covered parking, and a private rear setting within an established community.
Property Size1,488 SF
Price / SF$188.10
Days on Market113
Property Features for 60-16274 Vasquez Canyon Rd
General Information
Standard status
Active
Size
1,488 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 3 bedroom
Multifamily Units
1
Additional Details
Highway Access
Yes
Amenities
solar
Building Details
Buildings
1
Listing Agency:
Equity Union
(661) 857-1013
Listed By:
Ryan Arditty
(661) 857-1013
Source:
Exprealty
Added: May 11
Changed: Aug 30
Last Checked: Aug 30 at 11:14PM
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 Equity Union
Investment Insights
Based on property information with market context.
This manufactured home offers three bedrooms, a spacious living room, a dedicated dining area, and generously sized bedrooms. The kitchen is arranged for everyday use and includes extensive cabinet storage and countertop workspace. Solar is installed and paid off, while covered parking adds practical convenience. The home also includes a large lot with a grassy area and no rear neighbors, creating added privacy within the community.
The property is near the corner of Vasquez Canyon and Sierra Highway in Canyon Country, with access to nearby shopping centers, restaurants, town amenities, and freeway connections. Land leases are associated with the community.
The property is near the corner of Vasquez Canyon and Sierra Highway in Canyon Country, with access to nearby shopping centers, restaurants, town amenities, and freeway connections. Land leases are associated with the community.
Key Highlights
- 3‑bedroom manufactured home with a spacious living room and dining area
- Paid‑off solar system included
- Large lot with grassy area and no rear neighbors
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
$22,509
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
8.04%
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%
$450,180
$450.2K
Cap Rate 7%
$321,557
$321.6K
Cap Rate 9%
$250,100
$250.1K
Market Conditions
NOI Build-Up for 1,488 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
$42.9K $28.80/SF
− Vacancy
−$1.9K −$1.30/SF
EGI
$40.9K $27.50/SF
− OpEx
−$18.4K −$12.38/SF
NOI
$22.5K $15.13/SF
Area
Santa Clarita, CA
Vacancy
4.50%
Lease Rate
$28.80 /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%
$450,180
Cap Rate 7%
$321,557
Cap Rate 9%
$250,100
Alternative Uses
Best Use
Apartment 5plus
$321.6K
$281.4K – $375.2K
NOI $22,509 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$372.9K
$326.3K – $435.1K
NOI $26,103 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 91351, CA
34,684
Population
10,641
Households
3.3
Avg Household Size
37
Median Age
25%
College-Educated
84%
High-School Grad
8.7 sq mi
ZIP Area
3,987
Density / Sq Mi
$112,888
Median Household Income
$48,698
Median Earnings
$2,272
Median Rent
$589,400
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 - Three-bedroom manufactured home with solar, covered parking, and a private rear setting within an established community.
Where is this mobile home & rv park located?
The property is located at 60-16274 Vasquez Canyon Rd Canyon Country, CA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 3‑bedroom manufactured home with a spacious living room and dining area; Paid‑off solar system included; Large lot with grassy area and no rear neighbors
