New Mobile Home with
For Sale
$439,000
7025 San Bartolo St #42, Carlsbad, CA 92011
Three-bedroom residence in a gated 55+ community with an island kitchen, upgraded flooring, and an included storage shed.
Property Size1,440 SF
Price / SF$304.86
Days on Market43
Property Features for 7025 San Bartolo St #42
General Information
Standard status
Active
Size
1,440 SF
Property subtype
ManufacturedInPark
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
clubhouse
heated pool
spa
sauna
gym
library
recreation room
patio
fire pit
outdoor fireplace
card room
billiard room
balcony
Building Details
Buildings
1
Listing Agency:
Brush Realty
(760) 613-7693
Listed By:
Scott Marquette
(760) 613-7693
Source:
Realtyrightchoice
Added: Jul 20
Changed: Aug 30
Last Checked: Aug 30 at 5:46PM
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 Brush Realty
Investment Insights
Based on property information with market context.
This new, never-occupied manufactured home offers 1,440 square feet with three bedrooms and two bathrooms. The interior features an open arrangement, chef-style kitchen with island, hardwood laminate flooring in the living room, dining area, and hallway, dual-pane windows, and ceiling fans in the living room and bedrooms. Walk-in closets provide additional storage, while a spacious front deck and shed extend the home’s usable features.
The home is located at Lakeshore Gardens, a gated 55+ manufactured home community in Carlsbad. The 54-acre property includes 383 home sites, 10 small lakes, landscaped greenbelts, mature trees, and waterfowl habitat. Community facilities include a two-story clubhouse with ocean-view balcony, library, recreation room, pool, spa, sauna, gym, and activity areas. Residents also have access to organized social, recreational, and group activities.
The home is located at Lakeshore Gardens, a gated 55+ manufactured home community in Carlsbad. The 54-acre property includes 383 home sites, 10 small lakes, landscaped greenbelts, mature trees, and waterfowl habitat. Community facilities include a two-story clubhouse with ocean-view balcony, library, recreation room, pool, spa, sauna, gym, and activity areas. Residents also have access to organized social, recreational, and group activities.
Key Highlights
- 1,440‑square‑foot manufactured home with 3 bedrooms and 2 bathrooms
- New construction; never lived in
- Open layout with island kitchen and hardwood 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
$28,590
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
6.51%
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%
$571,800
$571.8K
Cap Rate 7%
$408,429
$408.4K
Cap Rate 9%
$317,667
$317.7K
Market Conditions
NOI Build-Up for 1,440 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
$54.4K $37.80/SF
− Vacancy
−$2.4K −$1.70/SF
EGI
$52.0K $36.10/SF
− OpEx
−$23.4K −$16.24/SF
NOI
$28.6K $19.85/SF
Area
Carlsbad, CA
Vacancy
4.50%
Lease Rate
$37.80 /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%
$571,800
Cap Rate 7%
$408,429
Cap Rate 9%
$317,667
Alternative Uses
Best Use
Apartment 5plus
$408.4K
$357.4K – $476.5K
NOI $28,590 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$529.2K
$463.0K – $617.4K
NOI $37,043 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 92011, CA
23,757
Population
10,159
Households
2.3
Avg Household Size
46
Median Age
67%
College-Educated
98%
High-School Grad
6.5 sq mi
ZIP Area
3,655
Density / Sq Mi
$154,985
Median Household Income
$84,788
Median Earnings
$3,138
Median Rent
$1,188,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Three-bedroom residence in a gated 55+ community with an island kitchen, upgraded flooring, and an included storage shed.
Where is this mobile home & rv park located?
The property is located at 7025 San Bartolo St #42 Carlsbad, CA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 1,440‑square‑foot manufactured home with 3 bedrooms and 2 bathrooms; New construction; never lived in; Open layout with island kitchen and hardwood laminate flooring
