Listed by Marcus & Millichap - Downtown San Diego, Marcus & Millichap - San Francisco
$2,095,000
Rancho Valley MHP
Details
Property Type Multifamily, Mobile Home Park
Units 20
Cap Rate 6.72%
NOI $140,720
Occupancy 93%
Tenancy Multi
Pro-Forma Cap Rate 7.94%
Pro-Forma NOI $166,337
Year Built 1971
Acreage 2.070
Multifamily | 6.72% CAP | 20 Units
Marketing description
Rancho Valley is a 20-space all-age park located in Live Oak, California. The park is licensed for 13 MH sites. The park currently consists of 12 MH's, 1 vacant site, 6 occupied apartment units, and 1 occupied single family house. All 19 units on the property are park-owned. The property operates on city water and sewer. Rancho Valley is on approximately 2.07 acres and has a laundry room on-site. There is currently no rent control in Live Oak. The last rental increase took effect January 2026.
Investment highlights
- Non-Rent Controlled Market
- Income Upside | 1 Vacant Site
- All City Utilities
- New Laundry Room | MH's & SFH Remodeled
- New Gas Lines | Road Repair Work
Listing Contacts
Listed by Marcus & Millichap - Downtown San Diego, Marcus & Millichap - San Francisco
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,720.00
$11,726.67/mo
Valuation Metrics
0
DSCR
6.72%
Cap Rate
6.72%
ROI
Map
Zoning
R-3 ResidentialMulti FamilyMedium Density Residential Zone District
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View all 41 uses
View all 41 uses Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics
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