710 Harvard Blvd Santa Paula, CA 93060-3141
- Mobile home & RV parks
- 5.03 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 710 Harvard Blvd
- Lot size
- 5.03 lot acres
- Zone code
- RA
- Property type
- Mobile home & RV parks
- APN
- 102-0-191-305
- APU
- 1020191305
Description
This exceptional 46-site RV park in Santa Paula, California presents a rare investment opportunity. Situated on 5.2 acres across two parcels (APN: 102-0-191-305, 102-0-191-225), this meticulously maintained Class B property boasts 100% occupancy (as of August 1, 2024) and a 5.11% cap rate. Built in 1964, the park features a mix of single-wide and double-wide units, all tenant-owned and exceptionally well-maintained. The park enjoys city water and sewer (sub-metered), with gas and electric direct-metered. Trash is included in the rent, currently averaging $454 per site. Conveniently located, the park is within walking distance of Vons and CVS, and a short drive to Ventura Beach and Blanchard Elementary School. Zoned Park Zoned MHP & Egress Zoned R2, this fee-simple property offers a stable income stream and significant upside potential. This is the first time this property has been on the market in over 40 years, reflecting the scarcity of such opportunities in Ventura County. The property's 226,512 square feet provides ample space for the 46 pads, resulting in a low density of 8.85 sites per acre. The asking price is $3,295,000, translating to $71,630.43 per pad. This is a truly unique opportunity to acquire a high-performing, well-located RV park in a desirable California market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $505,000
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Location Insight
- Map
- Local Demand
- City
- Santa Paula
- County
- Ventura
- State
- California
- Longitude
- -119.082
- Latitude
- 34.3395
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA