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Updated Double-Wide Mobile Home

71 Calle Margarita Elk Grove, CA 95624

71 Calle Margarita, Elk Grove, CA, 95624
$148,500
For Sale
$148,500

3-bed, 2-bath double-wide with an open floor plan and recent interior, kitchen, and primary suite updates.

Property Size1,440 SF
Price / SF$103.13
Days on Market9

Property Features for 71 Calle Margarita

General Information

Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Listing agency Keller Williams Realty
Listed by Diane R. Johnson
Source Exprealty
Added: Jul 14 Updated: Jul 21 at 10:31PM Checked: Jul 22 at 11:06AM

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 Keller Williams Realty


Investment Insights

Based on property information with market context.

Located at 71 Calle Margarita in Elk Grove, this well-maintained double-wide mobile home offers an open floor plan with 3 bedrooms and 2 bathrooms. The home features newer laminate flooring and fresh interior paint, along with updated kitchen finishes including granite countertops, appliances, and soft-close cabinetry with roll-out shelving. The primary suite has been updated with a walk-in shower, grab bars, a double vanity, and modern fixtures, and the guest bath also includes updated finishes.

Outside, the property includes an easy-maintenance yard with a drip system, new skirting, and a garden area with fruit trees. A large front porch includes an access ramp for added accessibility.

Situated in a convenient Elk Grove area near parks, shopping, and dining, the home is within walking distance to Elk Grove Park and everyday conveniences, with easy freeway access and close proximity to Old Town Elk Grove and Emerald Lakes Golf Course.

Key Highlights

  • Double‑wide mobile home with 3 bedrooms, 2 bathrooms, and approximately 1,440 SF of living space
  • Open floor plan for everyday living and entertaining
  • Recent updates include newer laminate flooring and fresh interior paint

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $23.7k $16.44
− Vacancy −$1.2k −$0.82
EGI $22.5k $15.62
− OpEx −$10.1k −$7.03
NOI $12.4k $8.59
1,440 SF · lease $16.44/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$176.7K
$154.6K – $206.2K (±1% cap)
NOI $12,369 @ 7.0% cap · market cap 8.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.9K
$314.9K – $419.9K (±1% cap)
NOI $25,194 @ 7.0% cap · market cap 16.97%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Parking Lot & Garage Catering Service Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tech Support Center Tanning Salon (Bike/Boat/Book/etc) Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 3-bed, 2-bath double-wide with an open floor plan and recent interior, kitchen, and primary suite updates.
Where is this mobile home & rv park located?
The property is located at 71 Calle Margarita Elk Grove, CA.
What is the asking price?
The asking price for this property is $148,500.
What are key features of this property?
This property features: Double‑wide mobile home with 3 bedrooms, 2 bathrooms, and approximately 1,440 SF of living space; Open floor plan for everyday living and entertaining; Recent updates include newer laminate flooring and fresh interior paint
Contact an agent
More about this property
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