Senior Mobile Home in Gated
For Sale
$434,500
88-27703 Ortega Hwy, San Juan Capistrano, CA 92675
Spacious 2-bedroom, 2-bath mobile home with dual-pane windows, working fireplace, and covered carport parking.
Property Size1,440 SF
Price / SF$301.74
Days on Market91
Property Features for 88-27703 Ortega Hwy
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Amenities
clubhouse
pool
jacuzzi
billiards room
Listing Agency:
Orange County Home Sales
(949) 481-9667
Listed By:
Josie Huffman · License #01357586
(949) 344-5000
Source:
Exprealty
Added: Jun 8
Changed: Aug 20
Last Checked: Sep 5 at 1:48PM
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 Orange County Home Sales
Investment Insights
Based on property information with market context.
This updated 2-bedroom, 2-bath senior mobile home features an open living room with cathedral ceilings and a working fireplace. Dual-pane windows run throughout the home. The updated kitchen opens to a comfortable family room, and the large master bedroom includes a wall-sized closet. The ensuite master bath offers a dual vanity, a separate shower area, and a commode. An interior laundry room includes a washer and dryer, and the guest bath is set up as a “Jack & Jill” design with access from both bedrooms. Outside, enjoy a private outdoor space with lush landscaping and a gazebo-style cover, along with large covered carport parking.
The home is located in El Nido Mobile Home Estates, described in the remarks as a rent-controlled senior living community. The community amenities listed include a clubhouse, large pool, jacuzzi, and billiards room, and pets are welcome. The address is on Ortega Hwy, with the remarks noting convenience to historic downtown San Juan Capistrano, shopping and dining, and nearby access to Dana Point Harbor and Doheny Beach.
Inside, the layout emphasizes shared living space with cathedral ceilings and an updated kitchen opening to the family room, while the bedrooms are supported by substantial storage and bathroom accessibility through the Jack & Jill configuration.
The home is located in El Nido Mobile Home Estates, described in the remarks as a rent-controlled senior living community. The community amenities listed include a clubhouse, large pool, jacuzzi, and billiards room, and pets are welcome. The address is on Ortega Hwy, with the remarks noting convenience to historic downtown San Juan Capistrano, shopping and dining, and nearby access to Dana Point Harbor and Doheny Beach.
Inside, the layout emphasizes shared living space with cathedral ceilings and an updated kitchen opening to the family room, while the bedrooms are supported by substantial storage and bathroom accessibility through the Jack & Jill configuration.
Key Highlights
- Spacious 2‑bedroom, 2‑bath mobile home with open living room and cathedral ceilings
- Working fireplace in the living room and updated kitchen with dual‑pane windows throughout
- Primary suite includes wall‑sized closet and en‑suite bath with dual vanity plus separate shower area
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
$27,486
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
6.33%
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%
$549,720
$549.7K
Cap Rate 7%
$392,657
$392.7K
Cap Rate 9%
$305,400
$305.4K
Market Conditions
NOI Build-Up for 1,440 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
$51.8K $36.00/SF
− Vacancy
−$1.9K −$1.30/SF
EGI
$50.0K $34.70/SF
− OpEx
−$22.5K −$15.62/SF
NOI
$27.5K $19.09/SF
Area
Orange County, CA
Vacancy
3.60%
Lease Rate
$36.00 /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%
$549,720
Cap Rate 7%
$392,657
Cap Rate 9%
$305,400
Alternative Uses
Best Use
Apartment 5plus
$392.7K
$343.6K – $458.1K
NOI $27,486 @ 7.0% cap · market cap 6.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$483.7K
$423.2K – $564.3K
NOI $33,857 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,409
Businesses Nearby
Explore this area
Business Placement
Demographics for 92675, CA
35,203
Population
12,801
Households
2.8
Avg Household Size
44
Median Age
42%
College-Educated
89%
High-School Grad
13.4 sq mi
ZIP Area
2,627
Density / Sq Mi
$127,893
Median Household Income
$50,371
Median Earnings
$2,500
Median Rent
$929,700
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 - Spacious 2-bedroom, 2-bath mobile home with dual-pane windows, working fireplace, and covered carport parking.
Where is this mobile home & rv park located?
The property is located at 88-27703 Ortega Hwy San Juan Capistrano, CA.
What is the asking price?
The asking price for this property is $434,500.
What are key features of this property?
This property features: Spacious 2‑bedroom, 2‑bath mobile home with open living room and cathedral ceilings; Working fireplace in the living room and updated kitchen with dual‑pane windows throughout; Primary suite includes wall‑sized closet and en‑suite bath with dual vanity plus separate shower area
