34220 Cheseboro Rd - Manufactured Housing/Mobile Housing FOR SALE


Palmdale, CA 93552
$1,475,000 USD
626-695-6776
34220 Cheseboro Rd, Palmdale, CA for Sale
$1,475,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | 7.94% Cap Rate

34220 Cheseboro Rd
Palmdale, CA 93552


HIGHLIGHTS

  • 7.94% Current Cap Rate & 8.10% Cash on Cash Return
  • Situated on 19.12 Acres for Future Development or Storage
  • Four Park-Owned Homes & Two Notes ($55,000) Included With Sale
  • Serene Setting with Mountain Views, Minimal Noise, And Wide-Open Skies—Ideal For Long-Term Renters
  • Direct Access to Highway 14 (Antelope Valley Freeway) and Highway 138
  • Served By Metrolink Rail and Bus Lines Connecting to The Greater LA Area

OVERVIEW

Marcus & Millichap is pleased to exclusively present Blue Skies Park, an all-age manufactured housing community located at 34220 Cheseboro Road in Palmdale, California. The property consists of 20 single & double mobile home sites and one non-conforming one bedroom / one bathroom apartment of approximately 670 square-feet. The apartment was rehabbed in 2024. With a current cap rate of 7.94% and a 8.10% cash on cash return, this asset delivers excellent returns in a high-demand rental market. The property is serviced by well water and septic. The electricity & propane are sub-metered for all mobile home sites and the water, trash, and septic is a $97 per space monthly reimbursement. Blue Skies Park is situated on 19.12 acres with an opportunity of possible development or storage. Tenants enjoy a peaceful, desert setting with beautiful mountain views, making it an ideal long-term living environment. Located in the high desert of Northern Los Angeles County, Palmdale offers a unique blend of affordability, open space, and growing infrastructure. The area has become increasingly popular with families and retirees seeking quiet, scenic living without sacrificing access to city amenities. Residents benefit from nearby attractions like Devil’s Punchbowl, Ana Verde Hills, and DryTown Water Park, along with local conveniences such as the Antelope Valley Mall, major retail centers, and a wide range of dining and entertainment options. Palmdale's strategic location along Highway 14 and Highway 138, coupled with Metrolink access, makes it commuter-friendly for those working in Los Angeles or surrounding areas. As the city continues to grow and invest in infrastructure, the demand for affordable, stable housing options like mobile home living remains strong. With its combination of dependable income, low overhead, and a tranquil yet accessible setting, this mobile home park offers both immediate yield and long-term upside in one of Southern California’s most promising and growing desert markets

FOR SALE DETAILS

PRICE

$1,475,000 USD

PRICE/SF

$2 USD /SF

# OF UNITS

21

PRICE/UNIT

$70,238

CAP RATE

7.94%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.12 AC

LAND SF

832,867 SF

ZONING

LCRR1*

APN/PARCEL ID

3048-015-013

ASK ABOUT THIS PROPERTY

Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

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Douglas McCauleyMarcus & MillichapMore Info
626-695-6776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.