Land-Lease Mobile Home with Ocean
C2-30802 Coast Hwy Laguna Beach, CA 92651
For Sale
$435,000
Fully furnished 2-bedroom, 2-bath land-lease home with ocean views in Laguna Terrace, plus community pool, spa, clubhouse, and fitness center.
Property Size910 SF
Price / SF$478.02
Days on Market40
Property Features for C2-30802 Coast Hwy
General Information
Standard status
Active
Size
910 SF
Property subtype
Manufactured In Park
Listing Agency:
Pacific Sotheby's International Realty
(949) 375-7768
Listed By:
Spencer Wall
(949) 375-7768
Source:
Exprealty
Added: Jun 20
Changed: Jul 26
Last Checked: Jul 26 at 3:03AM
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 Pacific Sotheby's International Realty
Investment Insights
Based on property information with market context.
This land-lease home is a 2-bedroom, 2-bath residence offered fully furnished. The property is described as turnkey and immaculately kept, with nothing to do and no repairs required at move-in.
The home is positioned within the Laguna Terrace community and is presented as having ocean views, including views over the Pacific shoreline. Laguna Terrace offers resort-style amenities including a pool, spa, clubhouse, and fitness center.
As a land-lease property, the buyer owns the home and leases the space from Laguna Terrace. The monthly space rent is stated as roughly $4,450, with no HOA dues mentioned and no property tax on the land. Buyer should consult a CPA regarding any potential tax treatment of the monthly rent.
The home is positioned within the Laguna Terrace community and is presented as having ocean views, including views over the Pacific shoreline. Laguna Terrace offers resort-style amenities including a pool, spa, clubhouse, and fitness center.
As a land-lease property, the buyer owns the home and leases the space from Laguna Terrace. The monthly space rent is stated as roughly $4,450, with no HOA dues mentioned and no property tax on the land. Buyer should consult a CPA regarding any potential tax treatment of the monthly rent.
Key Highlights
- Fully furnished 2‑bedroom, 2‑bath land‑lease home with ocean views over the Pacific and Laguna Beach coastline
- Located within Laguna Terrace community offering pool, spa, clubhouse, and fitness center
- Monthly space rent is roughly $4,450; land lease structure with ownership of 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 | $32.8k | $36.00 |
| − Vacancy | −$1.2k | −$1.30 |
| EGI | $31.6k | $34.70 |
| − OpEx | −$14.2k | −$15.62 |
| NOI | $17.4k | $19.09 |
910 SF · lease $36.00/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$248.1K
$217.1K – $289.5K
NOI $17,369 @ 7.0% cap · market cap 3.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$305.7K
$267.5K – $356.6K
NOI $21,396 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Fully furnished 2-bedroom, 2-bath land-lease home with ocean views in Laguna Terrace, plus community pool, spa, clubhouse, and fitness center.
Where is this mobile home & rv park located?
The property is located at C2-30802 Coast Hwy Laguna Beach, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Fully furnished 2‑bedroom, 2‑bath land‑lease home with ocean views over the Pacific and Laguna Beach coastline; Located within Laguna Terrace community offering pool, spa, clubhouse, and fitness center; Monthly space rent is roughly $4,450; land lease structure with ownership of the home
