For Sale
$3,295,000

710 Harvard BlvdSanta Paula, CA 93060

High-yield RV park, 46 sites, Ventura County.

Overview

Added:
Dec 11, 2024
Days on market:
115
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.

Highlights

  • First-time offering in over 40 years; rare Ventura County mobile home park (MHP) investment.
  • 46 HCD-permitted sites on 5.2 acres (8.85 sites/acre).
  • Immaculately maintained, professionally managed, with 100% occupancy.
  • All tenant-owned homes (TOHs) are well-maintained; city water and sewer (sub-metered); direct-billed gas and electric; trash included in rent ($454 average).
  • Convenient location: walking distance to Vons and CVS; short drive to Ventura Beach and Blanchard Elementary School.

Property Details for 710 Harvard Blvd

Property type
Mobile home & RV parks, Campgrounds
Square Feet
226,512 SF
Class
B
Year Built
1964
Lot Size (sq. ft)
226,512 SF
Units
46

Location Insight

City
Santa Paula
County
Ventura
State
California
Latitude
34.3390806
Longitude
-119.0815135
710 Harvard Blvd, Santa Paula, California

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710 Harvard Blvd
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