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  • Address: 9080 Bloomfield Avenue, Cypress, California 90630
  • County: Orange
  • Phone: 714-826-6211
  • Spaces: 305
  • Type: All Ages
  • 2021 Space Rent: $1,800 to $1,950
  • Purchased: Mar 2005, Amount: $19,795,000, Leasehold Rights Only
    Cash: $4,645,000, Loan: $15,150,000
    Loan Type: Fannie Mae DUS, Chad Thomas Hagwood
  • Refinanced 1: Dec 2013, Amount: $158,000,000, 6/8 MHP Package
    Loan Type: Fannie Mae FRM, Chad Thomas Hagwood
  • Refinanced 2: Apr 2018, Amount: $48,800,000
    Loan Type: Fannie Mae ARM, Chad Thomas Hagwood
  • Management: Sierra Corporate Management
  • DBA: Lincoln Center GP LLC, Lincoln Center MHP Associates LP
  • DBA Filing: Apr 2004
  • Ground Lease: Oct 1984, Lincoln Center Mobile Home Park LP (Bendetti Co)

2017 Jul – This neighborhood has become a horrible place to live. Management knows and doesn't enforce its own rules and regulations, or law. It is even becoming dangerous. Between a half and a third of the spaces here are empty or for sale, or don't have a home on the space. People have been found breaking into and squatting in these abandoned mobile homes. I am saddened to see my home being slowly destroyed.
Karyn H.


2015 Feb – But now, with $1,700 rent, more and more people are finding they can’t afford their rent, and they are trying to sell their homes. However, the homes won’t sell because the rent is too high. Since they can’t sell, residents are walking away from their homes, and this park is receiving more and more foreclosures than ever before. Because of all the foreclosures, mortgage companies have "gotten the word," and are refusing to loan to buyers in this park.
Elaine S.

The leasehold sale of the Lincoln Center Mobile Home Park located at 9080 Bloomfield Avenue in Cypress in Orange County, California closed on March 10, 2005 for $19,795,000. John Grant of Park Brokerage Inc. represented the buyer in the sale.

The all ages, 4+ star community was built in 1971 and consists of 305 doublewide spaces on 31.09 acres. Amenities include a 7,500 sf clubhouse with manager’s office, billiards room, exercise room, computer lab and craft room, dealer’s office, kitchen, and main room with a stage and capacity for 292 people, swimming and kiddy pools, playground, and basketball court.

Site rents were $583-$711 with a $641 average plus submetered gas, electric and water utilities and sewer and trash charges. There is no rent control in the City of Cypress.
Park Brokerage – March 10, 2005 Press Release

Note: Click/tap on table headings to sort ascending or descending, click/tap the # column to reset.

# Name Address City ST Zip Phone Spaces Type Rent Date
Bloomfield Mobile Home Park 22221 S Bloomfield Ave Cypress CA 90716 562-598-6031 47 55 950 03/2018
Cypress Mobile Park 4861 Lincoln Ave Cypress CA 90630 714-548-1201 35 AA 750 03/2018
Lincoln Center Mobile Home Park
KSFG, Sierra Corporate Management
9080 Bloomfield Ave Cypress CA 90630 714-531-3764 305 AA 1,950 02/2021
Total Spaces: 387

All Urban Consumers, Los Angeles-Long Beach-Anaheim, California, Jan 2005 through Mar 2021

The last column (Rent) uses an example (not included in the Bureau of Labor Statistics data) of mobile home space rent starting at an average of $641 per month in the year 2005 and currently (Mar 2021) at $913 per month. The starting $641 monthly average below is based on space rents in the year 2005 when Kort & Scott Financial Group purchased the leasehold rights for Lincoln Center Mobile Home Park.

The difference in space rent is a 100% increase based on the yearly average CPI which is the maximum allowable increase under some California Mobile Home Park Rent Stabilization Ordinances (RSOs) – many RSOs only allow a maximum yearly space rent increase of 1.5% to 3.0% and take into consideration the real cost of living adjustments for those with low/fixed incomes.

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Avg Rent
2005 3.7 3.8 4.0 4.8 4.2 3.6 4.1 5.2 5.8 5.4 4.4 4.5 4.5 641
2006 5.4 5.1 4.7 4.7 5.4 5.2 5.0 4.3 3.4 2.2 2.7 3.3 4.3 669
2007 3.2 3.5 3.8 3.5 2.9 2.9 2.9 2.6 2.3 3.5 4.2 4.2 3.3 692
2008 3.9 3.1 3.3 3.1 3.7 5.4 5.7 5.1 4.5 3.4 1.0 0.1 3.5 717
2009 -0.1 0.0 -1.0 -1.3 -1.8 -2.2 -2.6 -1.7 -1.0 -0.4 0.9 1.8 -0.8 717
2010 1.8 1.4 1.9 1.9 1.8 0.9 0.9 0.8 0.4 0.7 0.7 1.3 1.2 726
2011 1.8 2.3 3.0 3.3 3.1 2.9 2.4 2.4 3.1 2.8 3.0 2.2 2.7 746
2012 2.1 2.1 2.0 1.5 1.6 1.6 1.9 2.3 2.2 3.0 2.1 1.9 2.0 761
2013 2.0 2.2 1.3 0.9 1.0 1.4 1.3 0.8 0.6 -0.1 0.4 1.1 1.1 770
2014 0.8 0.5 1.0 1.4 1.7 1.8 2.0 1.8 1.7 1.4 1.3 0.7 1.3 781
2015 -0.1 0.1 0.5 0.5 1.1 0.8 1.4 1.1 0.7 1.0 1.6 2.0 0.9 789
2016 3.1 2.4 1.7 2.0 1.4 1.8 1.1 1.4 1.9 2.2 1.8 2.0 1.9 804
2017 2.1 2.7 2.7 2.7 2.5 2.2 2.5 2.8 3.1 3.1 3.6 3.6 2.8 827
2018 3.5 3.6 3.8 4.0 4.1 4.0 3.9 3.9 3.9 4.1 3.6 3.2 3.8 859
2019 3.2 2.5 2.7 3.3 3.1 3.3 3.3 3.0 3.0 3.2 3.2 3.0 3.1 886
2020 3.1 3.4 1.9 0.7 0.9 1.4 1.9 2.0 1.2 0.7 1.0 1.5 1.6 900
2021 0.9 1.0 2.2 1.4 913

Source: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Price Index, Los Angeles Area
Western Information Office, 90 7th Street, Suite 14-100, San Francisco, California 94103




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