Residential Income Mobile
For Sale
$200,000
9574 Via Verde Avenue, Pinon Hills, CA 92372
Residential income property offered for sale in Pinon Hills, CA.
Property Size1,440 SF
Price / SF$138.89
Days on Market97
Property Features for 9574 Via Verde Avenue
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Manufactured In Park
Zoning
PH/RL
Amenities
Evaporative Cooling
Fireplace(s)
Living Room
Trees/Woods
Driveway
Building Details
Building Size
1,440 SF
Year Built
1971
Stories
1
Listed By:
Mi Kyung Suh
(213) 820-0502
Source:
Evrealestate
Added: Jun 3
Changed: Aug 27
Last Checked: Sep 7 at 5:02AM
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
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.
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 = 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
$12,748
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
6.37%
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%
$254,960
$255.0K
Cap Rate 7%
$182,114
$182.1K
Cap Rate 9%
$141,644
$141.6K
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
$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 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%
$254,960
Cap Rate 7%
$182,114
Cap Rate 9%
$141,644
Alternative Uses
Best Use
Apartment 5plus
$182.1K
$159.4K – $212.5K
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
NOI $21,262 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
