Renovated 55+ Mobile
For Sale
$158,000
62-17455 Marygold Ave, Bloomington, CA 92316
Renovated 2-bed, 2-bath home with an updated kitchen and enclosed patio, move-in ready with major appliances included.
Property Size1,000 SF
Price / SF$158
Days on Market97
Property Features for 62-17455 Marygold Ave
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Amenities
enclosed patio
Listing Agency:
Realty ONE Group Homelink
(909) 610-1080
Listed By:
Lilia Amador
(909) 550-8755
Source:
Exprealty
Added: Jun 1
Changed: Aug 20
Last Checked: Sep 5 at 1:22PM
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 Realty ONE Group Homelink
Investment Insights
Based on property information with market context.
This beautifully renovated mobile home offers 2 bedrooms and 2 bathrooms, along with an updated kitchen. Recent improvements include fresh interior and exterior paint, new carpet and laminate flooring throughout, and a move-in-ready setup with a refrigerator and stove included.
Additional living space is provided by an enclosed patio, offering a comfortable spot for relaxing or entertaining. The home is located in a 55+ senior community and is conveniently near shopping centers, Kaiser Hospital, and the 10 freeway, supporting everyday access.
Overall, the property combines recent cosmetic updates with practical everyday features in a well-suited senior community setting.
Additional living space is provided by an enclosed patio, offering a comfortable spot for relaxing or entertaining. The home is located in a 55+ senior community and is conveniently near shopping centers, Kaiser Hospital, and the 10 freeway, supporting everyday access.
Overall, the property combines recent cosmetic updates with practical everyday features in a well-suited senior community setting.
Key Highlights
- Renovated mobile home in a 55+ senior community
- 2 bedrooms and 2 bathrooms with an updated kitchen
- Recent upgrades include fresh interior and exterior paint, new carpet, and new laminate flooring
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
$8,853
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
5.60%
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%
$177,060
$177.1K
Cap Rate 7%
$126,471
$126.5K
Cap Rate 9%
$98,367
$98.4K
Market Conditions
NOI Build-Up for 1,000 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
$17.2K $17.16/SF
− Vacancy
−$1.1K −$1.06/SF
EGI
$16.1K $16.10/SF
− OpEx
−$7.2K −$7.24/SF
NOI
$8.9K $8.85/SF
Area
San Bernardino County, CA
Vacancy
6.20%
Lease Rate
$17.16 /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%
$177,060
Cap Rate 7%
$126,471
Cap Rate 9%
$98,367
Alternative Uses
Best Use
Apartment 5plus
$126.5K
$110.7K – $147.6K
NOI $8,853 @ 7.0% cap · market cap 5.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.9K
$184.6K – $246.1K
NOI $14,765 @ 7.0% cap · market cap 9.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
Explore this area
Business Placement
Demographics for 92316, CA
31,463
Population
8,349
Households
3.8
Avg Household Size
32
Median Age
11%
College-Educated
70%
High-School Grad
11.5 sq mi
ZIP Area
2,736
Density / Sq Mi
$82,117
Median Household Income
$38,629
Median Earnings
$1,450
Median Rent
$448,200
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 - Renovated 2-bed, 2-bath home with an updated kitchen and enclosed patio, move-in ready with major appliances included.
Where is this mobile home & rv park located?
The property is located at 62-17455 Marygold Ave Bloomington, CA.
What is the asking price?
The asking price for this property is $158,000.
What are key features of this property?
This property features: Renovated mobile home in a 55+ senior community; 2 bedrooms and 2 bathrooms with an updated kitchen; Recent upgrades include fresh interior and exterior paint, new carpet, and new laminate flooring
