9849 Sunrise Hwy, Mount Laguna, CA 91948
9849 Sunrise Hwy, Mount Laguna, CA 91948
9849 Sunrise Hwy, Mount Laguna, CA 91948
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$3,199,000
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3.84 Acres Lot
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9849 Sunrise Hwy Mount Laguna, CA 91948

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Mount Laguna

MLS Listing ID OC26217204

HOA Y/N No

Year Built 1984

Annual Tax Amount $18,831

Tax Year 2026

Lot Size 3.840 Acres

Property Sub-Type Mixed Use

Property Description

Sunrise Highway RV Park & Restaurant is a 3.84-acre, 27-site RV community, restaurant, and apartment located in Mount Laguna, San Diego County, CA and offered for $3,199,000. The pricing equates to an 8.01% cap rate based on current budget NOI of $256,256. The Property includes 25 HCD-permitted full hookup RV sites, a detached full-service restaurant building with living quarters and a separate apartment, an office trailer with manager's quarters, and common area amenities including a gym, bathrooms, showers, and laundry. The RV sites consist of 12 park-owned homes and 13 resident-owned homes.

The Property is 96.3% occupied, with one vacant park-owned home and all other sites occupied. The average site rent is $1,022 per month, and the occupied park-owned homes earn an average premium of $487 per month on top of site rent for total rent of $1,509. Two additional movable park-owned homes are on site and available for future placement or sale. They were moved to storage when new residents brought in their own homes. The restaurant building provides additional income, with the apartment leased for $1,500 per month and the restaurant and living quarters leased together for $4,725 per month.

The Property is operated by a full-time on-site manager and maintenance technician who handles billing, meter readings, resident invoicing, as well as property repairs and maintenance. Electricity is submetered and billed back to residents based on usage, except for the restaurant building, which has electricity included in its rent. Propane is filled by the manager and billed back to residents. Public water, septic, and trash service are included in the rent. The restaurant pays for its own trash and propane directly.

The Property sits at approx. 6,000 feet elevation within the Cleveland National Forest, roughly 30 minutes from the eastern edge of the San Diego metro core and an hour from the coast. Mount Laguna draws year-round visitors from a county of more than three million residents, with hiking, camping, and snow in the winter. With very little private land on the mountain and new development constrained by the surrounding national forest, the Property would be difficult to replicate.

Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.

Location

State CA

County San Diego

Area 91948 - Mount Laguna

Interior

Inclusions Park owned homes and equipment

Fireplace No

Laundry Common Area

Exterior

Pool Community

Community Features Biking, Dog Park, Hiking, Horse Trails, Mountainous, Near National Forest, Preserve/Public Land, Rural, Park, Pool

Utilities Available Electricity Connected, Propane, Water Connected

View Y/N Yes

View Mountain(s), Trees/Woods

Private Pool No

Building

Lot Description 6-10 Units/Acre, Near Park

Story 1

Sewer Septic Tank

Water Public

New Construction No

Others

Senior Community No

Tax ID 4111701600

Security Features Resident Manager

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard


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Listed by Tim Ryan Avine Real Estate #02097345

NEARBY SCHOOL & BUSINESS

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Darren Schneider

Darren Schneider

Agent License ID: 01241609

+1(619) 987-3113

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9849 Sunrise Hwy