Mobile Home with Vaulted
9-1040 38th Ave Santa Cruz, CA 95062
9-1040 38th Ave, Santa Cruz, CA, 95062
$375,000
For Sale
$375,000
Light-filled home offers vaulted ceilings, dual pane windows, an oversized kitchen, and an interior laundry area.
Property Size896 SF
Price / SF$418.53
Days on Market14
Property Features for 9-1040 38th Ave
General Information
- Standard status
- Active
- Size
- 896 SF
- Property subtype
- Manufactured In Park
Listing agency
Coldwell Banker Realty
(831) 247-1522
Listed by
Pamela Samuelson · License #01308810
(831) 247-1522
Source
Exprealty
Added: Jul 10 Updated: Jul 22 at 8:10PM Checked: Jul 22 at 8:10PM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This light and bright mobile home in the Shangri La community features creamy white walls, dual pane windows, and vaulted ceilings that help create an open, airy feel. The oversized kitchen includes ample storage and a skylight for added natural light, and the bathroom has a newer stall shower. For convenience, there is an inside laundry area (washer/dryer not included in the sale), along with large closets for storage. A custom shed with tall ceilings and a window supports additional storage, and there is also an area to garden.
The property is described as being within a quick bike ride to the beach and Capitola Village, with nearby conveniences including grocery stores, movie theatres, banks, stores, and close to the Hospital.
Overall, it presents a comfortable, well-kept residential setup within the Shangri La community.
The property is described as being within a quick bike ride to the beach and Capitola Village, with nearby conveniences including grocery stores, movie theatres, banks, stores, and close to the Hospital.
Overall, it presents a comfortable, well-kept residential setup within the Shangri La community.
Key Highlights
- Light‑filled home with dual pane windows for natural light and energy efficiency
- Vaulted ceilings create an open, spacious feel
- Oversized kitchen with ample storage and a skylight
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 | $43.0k | $48.00 |
| − Vacancy | −$1.1k | −$1.20 |
| EGI | $41.9k | $46.80 |
| − OpEx | −$18.9k | −$21.06 |
| NOI | $23.1k | $25.74 |
896 SF · lease $48.00/SF/yr · vacancy 2.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$329.5K
$288.3K – $384.4K
NOI $23,063 @ 7.0% cap · market cap 6.15%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$512.3K
$448.3K – $597.7K
NOI $35,863 @ 7.0% cap · market cap 9.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Light-filled home offers vaulted ceilings, dual pane windows, an oversized kitchen, and an interior laundry area.
Where is this mobile home & rv park located?
The property is located at 9-1040 38th Ave Santa Cruz, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Light‑filled home with dual pane windows for natural light and energy efficiency; Vaulted ceilings create an open, spacious feel; Oversized kitchen with ample storage and a skylight
