55+ Senior Park Mobile
For Sale
$385,500
77-14044 Lake Crest Dr, La Mirada, CA 90638
Completely remodeled two-bedroom, two-bath home with new appliances, an open-concept living area, and a large patio.
Property Size1,632 SF
Price / SF$236.21
Days on Market70
Property Features for 77-14044 Lake Crest Dr
General Information
Standard status
Active
Size
1,632 SF
Property subtype
Manufactured In Park
Listing Agency:
Eva Raleigh, Broker
Listed By:
Eva Raleigh · License #01826907
(714) 632-1646
Source:
Exprealty
Added: Jun 30
Changed: Sep 5
Last Checked: Sep 7 at 12:20PM
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 Eva Raleigh, Broker
Investment Insights
Based on property information with market context.
Located within a 55+ senior park community, this completely remodeled two-bedroom, two-bath home offers an open-concept living room, kitchen, and family room. The large master bedroom includes both a large closet and a walk-in closet, while the master bathroom features a walk-in shower with a bench seat. The second room has a large mirrored closet and a dedicated shoe closet, and all new appliances are included.
The home is situated on the lush greenbelt, with a large patio designed to catch a steady breeze. Recent updates include fresh new paint and new landscaping, and it also offers side-by-side parking.
The community features a large clubhouse and a lake entrance, providing shared amenities for residents within the park.
The home is situated on the lush greenbelt, with a large patio designed to catch a steady breeze. Recent updates include fresh new paint and new landscaping, and it also offers side-by-side parking.
The community features a large clubhouse and a lake entrance, providing shared amenities for residents within the park.
Key Highlights
- Completely remodeled 2‑bedroom, 2‑bath home in a 55+ senior park community
- Open‑concept living area with combined living room, kitchen, and family room
- Large master suite with walk‑in closet and master bath featuring a walk‑in shower with bench seat
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
$26,260
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
6.81%
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%
$525,200
$525.2K
Cap Rate 7%
$375,143
$375.1K
Cap Rate 9%
$291,778
$291.8K
Market Conditions
NOI Build-Up for 1,632 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
$51.9K $31.80/SF
− Vacancy
−$4.2K −$2.54/SF
EGI
$47.7K $29.26/SF
− OpEx
−$21.5K −$13.17/SF
NOI
$26.3K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /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%
$525,200
Cap Rate 7%
$375,143
Cap Rate 9%
$291,778
Alternative Uses
Best Use
Apartment 5plus
$375.1K
$328.3K – $437.7K
NOI $26,260 @ 7.0% cap · market cap 6.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.8K
$764.6K – $1.02M
NOI $61,164 @ 7.0% cap · market cap 15.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 90638, CA
46,967
Population
15,459
Households
3
Avg Household Size
43
Median Age
40%
College-Educated
91%
High-School Grad
7.7 sq mi
ZIP Area
6,100
Density / Sq Mi
$110,606
Median Household Income
$54,235
Median Earnings
$2,052
Median Rent
$765,100
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 - Completely remodeled two-bedroom, two-bath home with new appliances, an open-concept living area, and a large patio.
Where is this mobile home & rv park located?
The property is located at 77-14044 Lake Crest Dr La Mirada, CA.
What is the asking price?
The asking price for this property is $385,500.
What are key features of this property?
This property features: Completely remodeled 2‑bedroom, 2‑bath home in a 55+ senior park community; Open‑concept living area with combined living room, kitchen, and family room; Large master suite with walk‑in closet and master bath featuring a walk‑in shower with bench seat
