$217,000
●
Mobile Manufactured -
Off Market
32118 Ranch
Homeland, CA 92548
3 Beds
2 Baths
1,700 Ft²
$1,081
Est. Monthly
About This Property
Prime Investment Opportunity | Manufactured Home + Dutch Barn on
Versatile Lot. An exceptional opportunity for investors and
developers alike. This property offers multiple paths to returns:
hold and rent, place a new manufactured home, or explore ADU
potential on a lot that's ready to work for you. The existing
roughly 1,700 sq ft, 4-bedroom possible manufactured home is in
good condition and rental-ready with minimal cosmetic updates.
Comparable rentals just steps away are commanding $3,000/month,
making the income potential immediate and compelling. A standout
feature is the two-story Dutch barn with power, water, partial
drywall, and insulation already in place, a straightforward rehab
with a solid roof overhead. Whether finished as a workshop,
storage, or additional living space, the barn adds serious value
with relatively little effort. With room for an ADU and flexible
development options, this property is a rare find with upside at
every turn. Cash offers only.
Unit Size
1,700 Ft²
Days on Market
23 days
Land Size
0.23 acres
Price per sqft
$129
Property Type
Mobile Manufactured
Property Taxes
-
HOA Dues
-
Year Built
1973
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #IV26130365)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Listed by Tower Agency | $220,000 | |
| Listed by Tower Agency | |||
| Jul 23, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by PRW Real Estate | $205,000 | |
| Listed by PRW Real Estate | |||
 | |||
|
Nice manufactured home on a permanent foundation. This home features 3 bedrooms 2 baths and family room. Upgraded kitchen with nice cabinets and granite countertops. Updated bathrooms and dual pane windows throughout. Crown Molding, new carpet, and new AC unit. Property is on a large 10,019 Sq Ft. lot. with RV Parking and electrical hookups. This property is a must see., Owner is very motivated to sell.
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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ft²
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Sold On
Sold On
HOA + Taxes
About Homeland
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: LEIGHTON SILVA, Tower Agency
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV26130365
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IV26130365
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