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Well-Maintained Mobile Home in Park
For Sale
$179,000
Pending

80-11401 Topanga Canyon Blvd, Chatsworth, CA 91311

Spacious mobile home with covered carport and community pool, clubhouse, and barbecue area in Chatsworth.

Property Size689 SF
Days on Market142

Property Features for 80-11401 Topanga Canyon Blvd

General Information

Standard status Pending
Size 689 SF
Total Parking Spaces 3
Property subtype Manufactured In Park

Amenities

pool
clubhouse
barbecue area
Listing Agency: eXp Realty of Greater Los Angeles, Inc.
Listed By: Yeni Villatoro Munoz
Source: Exprealty
Added: Apr 20 Changed: Sep 6 Last Checked: Sep 8 at 7:07AM

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 eXp Realty of Greater Los Angeles, Inc.

Investment Insights

Based on property information with market context.

This well-maintained mobile home is located within a desirable, established Chatsworth community. The home is described as having 4 bedrooms and 2 bathrooms, while the listing title references 2 bedrooms and 2 bathrooms. The layout is designed for comfortable everyday living with ample interior space. Outside, a covered carport provides parking for 2–3 vehicles.

Residents can enjoy on-site amenities including a pool, clubhouse, and a barbecue area. The community is described as clean and quiet, offering a peaceful setting in Chatsworth.

For sale at 80-11401 Topanga Canyon Blvd, this property offers a turnkey ownership option within a maintained mobile home park environment.

Key Highlights

  • Mobile home in a well‑maintained Chatsworth community park
  • 4 bedrooms and 2 bathrooms (title reflects 2 bedrooms and 2 bathrooms)
  • Spacious layout with ample living space

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
$11,087
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
6.19%
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%
$221,740 $221.7K
Cap Rate 7%
$158,386 $158.4K
Cap Rate 9%
$123,189 $123.2K
Market Conditions
NOI Build-Up for 689 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
$21.9K $31.80/SF
− Vacancy
−$1.8K −$2.54/SF
EGI
$20.2K $29.26/SF
− OpEx
−$9.1K −$13.17/SF
NOI
$11.1K $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%
$221,740
Cap Rate 7%
$158,386
Cap Rate 9%
$123,189

Alternative Uses

Best Use
Apartment 5plus
$158.4K
$138.6K – $184.8K (±1% cap)
NOI $11,087 @ 7.0% cap · market cap 6.19%
Second Best
no second resolved use
Theoretical Best
Office A
$368.9K
$322.8K – $430.4K (±1% cap)
NOI $25,822 @ 7.0% cap · market cap 14.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Store Barber Shop Pet Store & Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,247
Businesses Nearby

Demographics for 91311, CA

39,014
Population
14,879
Households
2.6
Avg Household Size
44
Median Age
45%
College-Educated
91%
High-School Grad
32.6 sq mi
ZIP Area
1,197
Density / Sq Mi
$117,574
Median Household Income
$60,403
Median Earnings
$2,199
Median Rent
$837,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Spacious mobile home with covered carport and community pool, clubhouse, and barbecue area in Chatsworth.
Where is this mobile home & rv park located?
The property is located at 80-11401 Topanga Canyon Blvd Chatsworth, CA.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Mobile home in a well‑maintained Chatsworth community park; 4 bedrooms and 2 bathrooms (title reflects 2 bedrooms and 2 bathrooms); Spacious layout with ample living space
More about this property
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