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Property profile & analytics
OFF-MARKET
Estimated value
$5,340,000
Mobile home & RV parks
251 Ventura Ave Ventura, CA 93001-2585
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US10-1479388
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
1.92 ac (83,635 SF)
Zoning code
MXD
APN
071-0-180-370
UPID
US10-1479388
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.34M
Owner & transaction history
Ventura Rv Park LLC · 4 yrs held
Ventura Rv Park LLC
since 2021
Last sale
$4.6M
5 recorded transactions
Zoning & alternative use
MXD · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
al Zone 24.234 C-1A Intermediate Commercial Zone 24.236 C-2 General Commercial Zone 24.238 H-C Harbor Commercial Zone 24.240 C-T-O Commercial Tourist-Oriented Zone 24.242 C-P-D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262…
Zone name
Mixed Use
General category
MIXED_USE
Zone area
82.33 ac
Source
Development Code PDF
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$6,030,000
ML approach
$6,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.34M
Range $4.81M – $5.87M · ±10% · vs last sale $4.60M (Dec 7 2021)
Last sale anchor
$4.60M
Dec 7 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$44,786
Tax year 2023
Assessed value
$4,092,205
Assessed 2024
Previous assessed
$4,011,966
+2.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,734,620
Assessed improvement
$357,585
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
1.92 ac (83,635 SF)
Zoning code
MXD
APN
071-0-180-370
UPID
US10-1479388
Jurisdiction
VENTURA
Zoning & alternative use
MXD · Ventura, CAZoning MXD · permitted uses
MXD · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
al Zone 24.234 C-1A Intermediate Commercial Zone 24.236 C-2 General Commercial Zone 24.238 H-C Harbor Commercial Zone 24.240 C-T-O Commercial Tourist-Oriented Zone 24.242 C-P-D Commercial Planned Development Zone 24.244 MXD Mixed-Use Zone 24.248 Harbor Mixed-Use Zone (HMXD) 24.250 Zones Within Downtown Specific Plan 24.260 M-1 Limited Industrial Zone 24.262 M-2 General Industrial Zone 24.264 M-P-D Manufacturing Planned Development Zone 24.
Zone name
Mixed Use
General category
MIXED_USE
Zone area
82.33 ac
Source
Development Code PDF
Building & site characteristics
From public records
Heating
NONE
Lot
1.92 ac
Current owner
From public records · entity-resolved
Ventura Rv Park LLC
Entity
Mailing address
301 E PO BOX 15274TH ST STE #208, NEWPORT BEACH, CA 92659-5274
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2022
—
Ventura Rv Park LLC
—
Deed
related
$3,900,000 · Sunwest Bank
Dec 7, 2021
$4,600,000
Ventura Rv Park LLC
Avenue Trailer Town Partners LLC
Grant Deed
$4,130,000 · La Pacifica LLC
Aug 20, 2004
—
Avenue Trailer Town Partners
Owner Name Unavailable
Grant Deed
related
—
—
—
Michawel B Smith
—
Deed Of Trust
related
$81,000 · New America Financial INC
—
—
Donna Abbott
—
Deed Of Trust
related
$76,000 · Cal Fed Lending
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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