10530 Walker Dr Grass Valley, CA 95945
Grass Valley AreaEstimated payment $15,449/month
Highlights
- 2.86 Acre Lot
- No HOA
- Coin Laundry
- Private Lot
- 30 Car Garage
- Wood Siding
About This Home
Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 83% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. Seller Financing Available. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 83% occupied, senior-only community and the availability of attractive seller financing make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required.
Property Details
Home Type
- Multi-Family
Lot Details
- 2.86 Acre Lot
- Private Lot
Home Design
- Wood Siding
Interior Spaces
- 1-Story Property
Parking
- 30 Car Garage
- Open Parking
Utilities
- Separate Meters
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 007-270-031-000
Community Details
Overview
- No Home Owners Association
- 8 Buildings
- 21 Units
Additional Features
- Coin Laundry
- 7 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $4,177 | $338,996 | $105,878 | $233,118 |
| 2025 | $4,177 | $332,350 | $103,802 | $228,548 |
| 2024 | $4,122 | $325,834 | $101,767 | $224,067 |
| 2023 | $4,044 | $319,446 | $99,772 | $219,674 |
| 2022 | $3,857 | $313,183 | $97,816 | $215,367 |
| 2021 | $3,804 | $307,044 | $95,899 | $211,145 |
| 2019 | $3,692 | $297,938 | $93,055 | $204,883 |
| 2018 | $3,654 | $292,097 | $91,231 | $200,866 |
| 2016 | $3,481 | $280,757 | $87,690 | $193,067 |
| 2015 | $3,431 | $276,540 | $86,373 | $190,167 |
| 2014 | $3,448 | $271,124 | $84,682 | $186,442 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $2,750,000 | +27400.0% | -- | |
| 12/12/2012 12/12/12 | Sold | $10,000 | -33.3% | $9 / Sq Ft | View Prior Sale |
| 11/02/2012 11/02/12 | Pending | -- | -- | -- | |
| 09/10/2012 09/10/12 | For Sale | $15,000 | -- | $14 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Placer Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $590,000 | Placer Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Closed | $100,000 | Commercial | |
| Closed | $300,000 | Commercial | |
| Closed | $200,000 | Commercial | |
| Previous Owner | $540,000 | Seller Take Back |
Source: MetroList
MLS Number: 225125423
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