Building Details

Building Size 1,440 SF

Year Built 1971

Stories 1

Listed By: Mi Kyung Suh Show Phone

Source: Evrealestate

Added: Jun 3 Changed: Oct 17 Last Checked: Oct 23 at 7:35AM

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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 Mi Kyung Suh

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Investment Insights

Based on property information with market context.

Offered for sale, this residential income property includes a mobile home configuration and is listed under mobile home and RV park and residential income property types. The property is identified at 9574 Via Verde Avenue in Pinon Hills, California.

The listing is located in San Bernardino County. Directions are provided to follow navigation.

Key Highlights

• Year built 1971
• Evaporative cooling
• Fireplace in the living room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$12,748

Cap Rate

6.37%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,960 $255.0K

Cap Rate 7%

$182,114 $182.1K

Cap Rate 9%

$141,644 $141.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,440 SF

Gross rent

$24.7K $17.16/SF

− Vacancy

−$1.5K −$1.06/SF

EGI

$23.2K $16.10/SF

− OpEx

−$10.4K −$7.24/SF

NOI

$12.7K $8.85/SF

Area

San Bernardino County, CA

Vacancy

6.20%

Lease Rate

$17.16 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$254,960

Cap Rate 7%

$182,114

Cap Rate 9%

$141,644

Alternative Uses

Best Use

Apartment 5plus

$182.1K

$159.4K – $212.5K (±1% cap)

NOI $12,748 @ 7.0% cap · market cap 6.37%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$303.7K

$265.8K – $354.4K (±1% cap)

NOI $21,262 @ 7.0% cap · market cap 10.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Explore this area Business Placement

Demographics for 92372, CA

5,594

Population

1,924

Households

2.9

Avg Household Size

44

Median Age

16%

College-Educated

84%

High-School Grad

25.7 sq mi

ZIP Area

218

Density / Sq Mi

$63,665

Median Household Income

$51,369

Median Earnings

$1,074

Median Rent

$418,700

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Similar For Sale Nearby

See more

Residential Income Property

1828 Orum Road, Pinon Hills, CA 92372

$399,000

1,344 SF

View details

Occupied Fourplex with Garages

11461 Oasis RD, Pinon Hills, CA 92372

$699,000

2.24 Acres

View details

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Residential income property offered for sale in Pinon Hills, CA.

Where is this mobile home & rv park located?

The property is located at 9574 Via Verde Avenue Pinon Hills, CA.

What is the asking price?

The asking price for this property is $200,000.

What are key features of this property?

This property features: Year built 1971; Evaporative cooling; Fireplace in the living room