710 Harvard Blvd Santa Paula, CA 93060-3141
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RA · Santa Paula, CASanta Paula. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.