Sold
Last Sold Price
849,420 sqft$6/sqft
1838 Adelaida Rd, Paso Robles, CA 93446
Multi FamilyProperty Type
19.5 acresLot Size
$6/sq ftPrice per sq ft

Description

Here's your chance to own an amazing 80 unit income property! Resthaven Mobile Home and RV Park encompasses 41 mobile homes (tenant owned) and 39 RV spaces on 19.5 acres of land. This beautiful property is located on quiet Adelaida Rd and boasts stunning views of the canyon and surrounding vineyards. Expansion potential allows for 10 more mobile homes (7 double wide, 2 single wide, 1 park space). All necessary permits and improvements have been made in preparation for the additional mobile homes....Here's your chance to own an amazing 80 unit income property! Resthaven Mobile Home and RV Park encompasses 41 mobile homes (tenant owned) and 39 RV spaces on 19.5 acres of land. This beautiful property is located on quiet Adelaida Rd and boasts stunning views of the canyon and surrounding vineyards. Expansion potential allows for 10 more mobile homes (7 double wide, 2 single wide, 1 park space). All necessary permits and improvements have been made in preparation for the additional mobile homes. Coin operated laundry brings in additional income. Each unit is sub-metered and tenants pay all utilities in addition to base rents. Offers due November 10th
  • Listed by: Adam Smith DRE #02162074 Brokerage DRE #00925451 • Avila Beach Realty Inc.
Listing closed: 04/28/2023 12:00 AM • Source: CRMLS, MLS#: SC22176431

Recent comparable sales

Median sold price

$275,000

Avg days on market

280

Sale-to-list ratio

84.3%

Paso Robles, CA

9 comparable properties found

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Square Feet
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Location

Listing Courtesy of Avila Beach Realty Inc., Adam Smith, DRE #02162074

Sold By NONMEMBER MRML, General NONMEMBER, DRE #N/A

Add your commute

Payment Calculator

$30,512 per month

30 year fixed, 6.71% Interest

Principal and Interest

$25,838

Property Taxes

$4,674

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1838 Adelaida Road

Property Details
  • MLS Type: Commercial Sale / Multi Family
  • Business Type: Mobile/Trailer Park
  • Lot Size Source: Assessor
  • Building Area Total: 849420
  • Building Area Units: Square Feet
  • Zoning: RR
  • Parcel Number: 026261018
  • Area: PR North 46-West 101 (PRNW)
  • Directions: Take 24th St onto Nacimiento Lake Dr, turn left onto Adelaida Rd. Drive down Adelaida Rd and you will see Resthaven on your right.
Building Information
  • Lot Size: 19.50 AC / 849,420 SF
Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $660,599
  • Net Operating Income: $408,834
  • Cap Rate: 6.28
Expense Details
  • Operating Expense: $251,765
Community / Development
Community / Development
  • Investment Property: Yes
  • Park Name: Resthaven
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Washer Included
  • Laundry Equipment Own Lease: Own
Land/Lot Info
  • Sign on Property: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Garden, Landscaped, Lot Over 40000 Sqft, Paved, Secluded, Treed Lot, Value In Land, Yard
  • Land Use: Mobile Home Park, Multi-Family
  • Lease Considered: No
  • Utilities: Electricity Connected, Other, Phone Connected, Propane, Sewer Connected, Water Connected
  • Water Source: Well
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Mobile Home Park, Multi-Family
Unit Information
Unit Information
  • Number Of Buildings: 80

Property History for 1838 Adelaida Road

DateEvent & SourcePriceAppreciation
Apr 28, 2023

Sold

CRMLS #SC22176431

$5,000,000
Apr 5, 2023

Sold (Public Record)

Public Record #1509717517

$5,000,000
Oct 29, 2022

Price Change

CRMLS #SC22176431

$6,350,000
DateEvent & SourcePrice
04/28/2023

Sold

CRMLS #SC22176431

$5,000,000
04/05/2023

Sold (Public Record)

Public Record #1509717517

$5,000,000
10/29/2022

Price Change

CRMLS #SC22176431

$6,350,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1838 Adelaida Road

Taxable ValueLand$5,199,919Additions$114,085Total$5,314,004
Tax Record2025$56,086 ($4,674 / month)
Home Facts
Stories1Lot Size849,420 SqFtStyleMobile / Manufactured HomeYear Built1966Year Renovated1966ZoningRRCountySAN LUIS OBISPOAPN026-261-018

Schools near 1838 Adelaida Road

This home is within Paso Robles Joint Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Bauer/Speck Elementary School
PublicK to 6

George H. Flamson Middle School
Public7 to 8

Paso Robles High School
Public9 to 12

Paso Robles Independent Study Center
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Avila Beach Realty Inc., Adam Smith, DRE #02162074

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.