Senior Manufactured Home in
819-819 Villa Teresa Way San Jose, CA 95123
819-819 Villa Teresa Way, San Jose, CA, 95123
$519,000
For Sale
$519,000
2015 Skyline manufactured home with three bedrooms, dual bathrooms, central AC, and carport parking in an active senior community.
Property Size1,423 SF
Price / SF$364.72
Days on Market21
Property Features for 819-819 Villa Teresa Way
General Information
- Standard status
- Active
- Size
- 1,423 SF
- Property subtype
- Manufactured In Park
Listing agency
Corcoran Icon Properties
(408) 772-3990
Listed by
Roberta Peri · License #1276745
(408) 772-3990
Source
Exprealty
Added: Jul 2 Updated: Jul 22 at 3:03AM Checked: Jul 22 at 3:03AM
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 Corcoran Icon Properties
Investment Insights
Based on property information with market context.
Located in San Jose, this 2015 Skyline manufactured home offers three bedrooms, including a walk-in closet, and two full bathrooms with double sinks, bidet, and a walk-in shower design. The guest bathroom includes a tub/shower setup and an energy-efficient skylight. The kitchen features a built-in gas oven range, island, pantry cabinets, dishwasher, garbage disposal, and a hood over the range. Additional interior highlights include 9-foot ceilings with crown molding, ceiling fans, 5-inch baseboards, laminate flooring, dual-pane windows, and a skylight. A washer/dryer is included, and a 40-gallon water heater upgrade was completed in 2023.
Outdoor features include a carport with at least two parking spaces, a large shed for storage, and low-maintenance landscaping with an auto irrigation system plus an artificial grass side-yard option. The Villa Teresa MHP is an active, friendly senior community with 146 homes, including a heated pool and spa, bocce ball, a dog park, a community vegetable garden, and a clubhouse with billiards and pool tables.
Space rent is stated as $1,257 per month and includes San Jose City Rent Control protection.
Outdoor features include a carport with at least two parking spaces, a large shed for storage, and low-maintenance landscaping with an auto irrigation system plus an artificial grass side-yard option. The Villa Teresa MHP is an active, friendly senior community with 146 homes, including a heated pool and spa, bocce ball, a dog park, a community vegetable garden, and a clubhouse with billiards and pool tables.
Space rent is stated as $1,257 per month and includes San Jose City Rent Control protection.
Key Highlights
- 2015 Skyline manufactured home in an active senior community with 3 bedrooms and 2 full bathrooms
- 2 full bathrooms feature double sinks and bidet; guest bath has tub/shower plus energy‑efficient skylight
- Kitchen includes built‑in gas oven range, island, pantry cabinets, dishwasher, garbage disposal, refrigerator, and hood over range
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 | $56.4k | $39.60 |
| − Vacancy | −$3.1k | −$2.18 |
| EGI | $53.3k | $37.42 |
| − OpEx | −$24.0k | −$16.84 |
| NOI | $29.3k | $20.58 |
1,423 SF · lease $39.60/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$453.2K
$396.5K – $528.7K
NOI $31,722 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
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FAQs
What type of property is this?
Mobile home & RV park - 2015 Skyline manufactured home with three bedrooms, dual bathrooms, central AC, and carport parking in an active senior community.
Where is this mobile home & rv park located?
The property is located at 819-819 Villa Teresa Way San Jose, CA.
What is the asking price?
The asking price for this property is $519,000.
What are key features of this property?
This property features: 2015 Skyline manufactured home in an active senior community with 3 bedrooms and 2 full bathrooms; 2 full bathrooms feature double sinks and bidet; guest bath has tub/shower plus energy‑efficient skylight; Kitchen includes built‑in gas oven range, island, pantry cabinets, dishwasher, garbage disposal, refrigerator, and hood over range
