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Manufactured Home on Spacious Lot

89-1455 Alturas Rd Fallbrook, CA 92028

89-1455 Alturas Rd, Fallbrook, CA, 92028
$195,000
For Sale
$195,000

3 bed, 2 bath manufactured home in Valley View mobile home park with fenced yard, side area, shed, and 3-car covered carport.

Property Size672 SF
Price / SF$290.18
Days on Market191

Property Features for 89-1455 Alturas Rd

General Information

Standard status
Active
Size
672 SF
Property subtype
Manufactured In Park
Listing agency Sunshine Properties RealEstate
Listed by Evangelina Uriostegui · License #01444165
Source Exprealty
Added: Jan 11 Updated: Jul 21 at 9:51AM Checked: Jul 21 at 9:51AM

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 Sunshine Properties RealEstate


Investment Insights

Based on property information with market context.

This 3-bedroom, 2-bath manufactured home is located in Valley View mobile home park and includes a living room with a dining area in the kitchen space. Washer and dryer are in the hallway, and the home is set on a spacious lot with easy access to the exterior. The property also features a side yard, an exterior shed, and a fully fenced perimeter.

The home is positioned near center-of-town amenities, with address at 89-1455 Alturas Rd, Fallbrook, CA. A 3-car covered carport provides sheltered parking for multiple vehicles.

Key Highlights

  • 3‑bedroom, 2‑bath manufactured home in Valley View mobile home park
  • Living room plus dining area in the kitchen area
  • Washer and dryer located in the hallway

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 $21.4k $31.80
− Vacancy −$1.1k −$1.59
EGI $20.3k $30.21
− OpEx −$9.1k −$13.59
NOI $11.2k $16.62
672 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$159.5K
$139.6K – $186.1K (±1% cap)
NOI $11,166 @ 7.0% cap · market cap 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.9K
$269.4K – $359.2K (±1% cap)
NOI $21,552 @ 7.0% cap · market cap 11.05%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Parking Lot & Garage Kitchen & Bath Showroom Tech Support Center Catering Service Travel Agency Cosmetic Store (Bike/Boat/Book/etc) Store Locksmith Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 3 bed, 2 bath manufactured home in Valley View mobile home park with fenced yard, side area, shed, and 3-car covered carport.
Where is this mobile home & rv park located?
The property is located at 89-1455 Alturas Rd Fallbrook, CA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath manufactured home in Valley View mobile home park; Living room plus dining area in the kitchen area; Washer and dryer located in the hallway
Contact an agent
More about this property
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