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Property profile & analytics
OFF-MARKET Estimated value $505,000
Mobile home & RV parks

710 Harvard Blvd Santa Paula, CA 93060-3141

5.03 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US10-1479767
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Lot 5.03 ac (219,106 SF)
Zoning code RA
APN 102-0-191-305
UPID US10-1479767
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
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$505k
Owner & transaction history
Mountain View Corp
Mountain View Corp
1 recorded transaction
1969
Price N/A
Zoning & alternative use
RA · Santa Paula, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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