Mobile Home & RV Park
For Sale
$425,000
69-5540 W 5th St, Oxnard, CA 93030
Existing home includes a two-vehicle covered carport, rear storage shed, and indoor laundry area.
Property Size1,400 SF
Price / SF$303.57
Days on Market11
Property Features for 69-5540 W 5th St
General Information
Standard status
Active
Size
1,400 SF
Total Parking Spaces
2
Property subtype
Manufactured In Park
Property Condition
Severity
Repairs Needed
Evidence
This home is a FIXER
Additional Details
Multifamily Units
1
Listing Agency:
RE/MAX Gold Coast-Beach Office
(805) 208-2871
Listed By:
Billy Davidson · License #02154915
(805) 208-2871
Source:
Exprealty
Added: Aug 21
Changed: Aug 31
Last Checked: Aug 31 at 9:16AM
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 RE/MAX Gold Coast-Beach Office
Investment Insights
Based on property information with market context.
This 1,400-square-foot home is positioned within a mobile home park and is offered as a renovation project. The interior includes a separate living area with extensive windows, a dining space, kitchen appliances, skylights, and an indoor laundry area with Samsung washer and dryer. The primary suite has a private bathroom, walk-in closet, connected flex or retreat area, and exterior sliding-door access. A secondary bedroom and full bathroom with tub and shower complete the layout.
Exterior features include rock landscaping, mature bushes, a covered carport for two vehicles, and a rear storage shed. The property is in Oxnard Shores Mobile Home Park, with access described as minutes from Mandalay Bay and Channel Islands Harbor, as well as nearby beach, dining, and recreation destinations. The home requires renovation and may also be replaced with a new mobile home, subject to applicable park requirements.
Exterior features include rock landscaping, mature bushes, a covered carport for two vehicles, and a rear storage shed. The property is in Oxnard Shores Mobile Home Park, with access described as minutes from Mandalay Bay and Channel Islands Harbor, as well as nearby beach, dining, and recreation destinations. The home requires renovation and may also be replaced with a new mobile home, subject to applicable park requirements.
Key Highlights
- 1,400‑square‑foot mobile home in Oxnard Shores Mobile Home Park
- Renovation project with potential for replacement by a new mobile home
- Primary suite includes a private bathroom, walk‑in closet, and connected flex area
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
$22,455
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
5.28%
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%
$449,100
$449.1K
Cap Rate 7%
$320,786
$320.8K
Cap Rate 9%
$249,500
$249.5K
Market Conditions
NOI Build-Up for 1,400 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
$42.8K $30.60/SF
− Vacancy
−$2.0K −$1.44/SF
EGI
$40.8K $29.16/SF
− OpEx
−$18.4K −$13.12/SF
NOI
$22.5K $16.04/SF
Area
Oxnard, CA
Vacancy
4.70%
Lease Rate
$30.60 /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%
$449,100
Cap Rate 7%
$320,786
Cap Rate 9%
$249,500
Alternative Uses
Best Use
Apartment 5plus
$320.8K
$280.7K – $374.3K
NOI $22,455 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.9K
$399.8K – $533.1K
NOI $31,984 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,943
Businesses Nearby
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
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 - Existing home includes a two-vehicle covered carport, rear storage shed, and indoor laundry area.
Where is this mobile home & rv park located?
The property is located at 69-5540 W 5th St Oxnard, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,400‑square‑foot mobile home in Oxnard Shores Mobile Home Park; Renovation project with potential for replacement by a new mobile home; Primary suite includes a private bathroom, walk‑in closet, and connected flex area
