Mobile Home in Gated
For Sale
$319,900
74406 Mercury Cir E, Palm Desert, CA 92260
Well-maintained residence with updated flooring, enclosed outdoor space, garage parking, and access to extensive community amenities.
Property Size1,728 SF
Price / SF$185.13
Days on Market59
Property Features for 74406 Mercury Cir E
General Information
Standard status
Active
Size
1,728 SF
Property subtype
Manufactured In Park
Listing Agency:
The Agency Realty, Inc.
(714) 264-1334
Listed By:
Sean McGraw · License #01990350
(949) 493-3902
Source:
Exprealty
Added: Sep 1
Changed: Oct 25
Last Checked: Oct 28 at 9:18AM
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 The Agency Realty, Inc.
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Investment Insights
Based on property information with market context.
This 1,728-square-foot mobile home offers two bedrooms, two full bathrooms, an office area, and an open kitchen with an island, pantry cabinetry, breakfast nook, and instant hot water. The interior also includes a vaulted-ceiling family room, dining area with built-in cabinetry, individual laundry room, enclosed porch, oversized bedrooms, and generous closet space. A two-car enclosed garage provides secure parking and storage. Recent improvements include new flooring, while climate control is provided by central air conditioning and a mini-split system.
The home is located within a gated community featuring golf access, a clubhouse, exercise room, tennis, pickleball, a dog park, three pools with spas, and an RV storage lot. HOA dues include unlimited golf for two, cable television, high-speed internet, and trash service. The property includes a desert-landscaped front yard and is positioned near restaurants, shopping, and El Paseo. The home is being sold as-is, and the land is owned with the residence.
The home is located within a gated community featuring golf access, a clubhouse, exercise room, tennis, pickleball, a dog park, three pools with spas, and an RV storage lot. HOA dues include unlimited golf for two, cable television, high-speed internet, and trash service. The property includes a desert-landscaped front yard and is positioned near restaurants, shopping, and El Paseo. The home is being sold as-is, and the land is owned with the residence.
Key Highlights
- 1,728‑square‑foot mobile home with two bedrooms and two full bathrooms
- Two‑car enclosed garage plus an enclosed porch and individual laundry room
- Open kitchen with island, pantry cabinetry, breakfast nook, and instant hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,970
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,400
$559.4K
Cap Rate 7%
$399,571
$399.6K
Cap Rate 9%
$310,778
$310.8K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$51.8K $30.00/SF
− Vacancy
−$985 −$0.57/SF
EGI
$50.9K $29.43/SF
− OpEx
−$22.9K −$13.24/SF
NOI
$28.0K $16.19/SF
Area
Riverside County, CA
Vacancy
1.90%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,400
Cap Rate 7%
$399,571
Cap Rate 9%
$310,778
Alternative Uses
Best Use
Apartment 5plus
$399.6K
$349.6K – $466.2K
NOI $27,970 @ 7.0% cap · market cap 8.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$517.7K
$453.0K – $604.0K
NOI $36,238 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
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Business Placement
Demographics for 92260, CA
31,641
Population
21,659
Households
1.5
Avg Household Size
57
Median Age
38%
College-Educated
92%
High-School Grad
31.3 sq mi
ZIP Area
1,011
Density / Sq Mi
$72,252
Median Household Income
$41,810
Median Earnings
$1,654
Median Rent
$463,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Well-maintained residence with updated flooring, enclosed outdoor space, garage parking, and access to extensive community amenities.
Where is this mobile home & rv park located?
The property is located at 74406 Mercury Cir E Palm Desert, CA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: 1,728‑square‑foot mobile home with two bedrooms and two full bathrooms; Two‑car enclosed garage plus an enclosed porch and individual laundry room; Open kitchen with island, pantry cabinetry, breakfast nook, and instant hot water
