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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$947,000

Est. payment - /mo

0.66 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26154702

HOA Y/N No

Year Built 1948

Lot Size 0.660 Acres

Property Sub-Type Multi Family

Property Description

MHP on Oak Street is an 18-unit RV/mobile home park in Oroville, consisting of 15 RV/mobile home spaces and 3 apartments. The property is currently 72.2% occupied, offers a shared laundry room, written leases for occupied spaces, utility reimbursement structure, and recent capital improvements completed between 2023 and 2026. Improvements include electrical upgrades, apartment unit improvements, laundry room updates, and fencing. The property successfully passed the California Housing and Community Development inspection in June 2026 and is offered at an excellent 8% cap rate.

Location

State CA

County Butte

Interior

Fireplace No

Laundry Inside

Building

Lot Description 16-20 Units/Acre

Story 1

Water Public

Others

Tax ID 012146013000

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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Listed by Austin Barron Austin Barron, Broker 5305884538, DRE #02082721

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

1681 Oak ST Oroville, CA 95965

Jessica Panzica

Key Details

Location

Interior

Building

Others

Nearby School & Business

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