Manufactured Home Residential Income
For Sale
$229,000
812 N Loren Avenue 18, Azusa, CA 91702
Manufactured home in a family park with updated interiors, included appliances, and an interior laundry area.
Property Size864 SF
Price / SF$265.05
Days on Market49
Property Features for 812 N Loren Avenue 18
General Information
Standard status
Active
Size
864 SF
Property subtype
Manufactured In Park
Additional Details
Highway Access
Yes
Multifamily Units
1
Amenities
washer and dryer
camera system
inside laundry
Building Details
Year Built
2015
Buildings
1
Construction
Manufactured Home
Listing Agency:
Real Estate Executives Secure Properties
Listed By:
Joe Lopez · License #01070077
(562) 569-3224
Source:
Kaleorealestate
Added: Sep 4
Changed: Oct 11
Last Checked: Oct 20 at 8:34PM
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 Real Estate Executives Secure Properties
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Investment Insights
Based on property information with market context.
This residential income property is a manufactured home built in 2015 and positioned within a family park. The 864-square-foot layout includes an open living room with high ceilings, a kitchen with Formica countertops, a newer sink, garbage disposal, updated fixtures, and newer appliances. The home also provides three bedrooms, a full hallway bathroom, and interior laundry facilities.
Wood flooring extends throughout the residence, and a camera system is installed. Washer and dryer units are included. The property is located near schools, shopping, restaurants, and freeways in Azusa, California.
Wood flooring extends throughout the residence, and a camera system is installed. Washer and dryer units are included. The property is located near schools, shopping, restaurants, and freeways in Azusa, California.
Key Highlights
- Manufactured home built in 2015 within a family park
- 864‑square‑foot residence with three bedrooms
- Open living room with high ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,902
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,040
$278.0K
Cap Rate 7%
$198,600
$198.6K
Cap Rate 9%
$154,467
$154.5K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$27.5K $31.80/SF
− Vacancy
−$2.2K −$2.54/SF
EGI
$25.3K $29.26/SF
− OpEx
−$11.4K −$13.17/SF
NOI
$13.9K $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 Rate 5%
$278,040
Cap Rate 7%
$198,600
Cap Rate 9%
$154,467
Alternative Uses
Best Use
Apartment 5plus
$198.6K
$173.8K – $231.7K
NOI $13,902 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.6K
$404.8K – $539.7K
NOI $32,381 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Explore this area
Business Placement
Demographics for 91702, CA
62,328
Population
18,218
Households
3.4
Avg Household Size
34
Median Age
24%
College-Educated
78%
High-School Grad
65.0 sq mi
ZIP Area
959
Density / Sq Mi
$87,577
Median Household Income
$35,714
Median Earnings
$1,847
Median Rent
$604,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Manufactured home in a family park with updated interiors, included appliances, and an interior laundry area.
Where is this residential income property located?
The property is located at 812 N Loren Avenue 18 Azusa, CA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Manufactured home built in 2015 within a family park; 864‑square‑foot residence with three bedrooms; Open living room with high ceilings
