Turn-Key Mobile
98-22111 Newport Ave Grand Terrace, CA 92313
For Sale
$150,000
Move-in ready mobile home with 3 bedrooms, 2 bathrooms, updated kitchen, and a covered carport in a community with pool and clubhouse.
Property Size1,080 SF
Price / SF$138.89
Days on Market47
Property Features for 98-22111 Newport Ave
General Information
- Standard status
- Active
- Size
- 1,080 SF
- Property subtype
- Manufactured In Park
Listing Agency:
MILLER ASSOCIATES
(909) 825-1300
Listed By:
Margaret Miller
(909) 825-1300
Source:
Exprealty
Added: Jun 7
Changed: Jul 22
Last Checked: Jul 23 at 2:47PM
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 MILLER ASSOCIATES
Investment Insights
Based on property information with market context.
This turn-key mobile home offers a spacious 3-bedroom, 2-bathroom layout with a bright, open living room. The updated kitchen includes modern touches and abundant cabinet space, while recessed lighting adds warmth throughout the home. Each bedroom is generously sized with closet space and natural light.
Outside, the property features a covered carport and a convenient outdoor storage shed. Set in a pristine, well-maintained park, residents have access to a sparkling community pool and a clubhouse equipped with a full-sized kitchen, suitable for parties and neighborhood gatherings.
Located at 98-22111 Newport Ave in Grand Terrace, California, the home is presented ready for immediate occupancy with practical indoor and outdoor amenities already in place.
Outside, the property features a covered carport and a convenient outdoor storage shed. Set in a pristine, well-maintained park, residents have access to a sparkling community pool and a clubhouse equipped with a full-sized kitchen, suitable for parties and neighborhood gatherings.
Located at 98-22111 Newport Ave in Grand Terrace, California, the home is presented ready for immediate occupancy with practical indoor and outdoor amenities already in place.
Key Highlights
- Move‑in ready 3‑bedroom, 2‑bath mobile home in the Grand Terrace community
- Updated kitchen with modern touches and abundant cabinet space
- Recessed lighting throughout the home
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 | $18.5k | $17.16 |
| − Vacancy | −$1.1k | −$1.06 |
| EGI | $17.4k | $16.10 |
| − OpEx | −$7.8k | −$7.24 |
| NOI | $9.6k | $8.85 |
1,080 SF · lease $17.16/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$136.6K
$119.5K – $159.4K
NOI $9,561 @ 7.0% cap · market cap 6.37%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$227.8K
$199.3K – $265.8K
NOI $15,947 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
FAQs
What type of property is this?
Mobile home & RV park - Move-in ready mobile home with 3 bedrooms, 2 bathrooms, updated kitchen, and a covered carport in a community with pool and clubhouse.
Where is this mobile home & rv park located?
The property is located at 98-22111 Newport Ave Grand Terrace, CA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Move‑in ready 3‑bedroom, 2‑bath mobile home in the Grand Terrace community; Updated kitchen with modern touches and abundant cabinet space; Recessed lighting throughout the home
