10530 Walker Dr Grass Valley, CA 95945
Estimated payment $16,111/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
| 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 |
|---|---|---|---|---|
| 2025 | $14,388 | $1,138,200 | $819,100 | $319,100 |
| 2024 | $14,326 | $1,138,200 | $819,100 | $319,100 |
| 2023 | $14,326 | $1,138,200 | $819,100 | $319,100 |
| 2022 | $14,412 | $1,138,200 | $819,100 | $319,100 |
| 2021 | $14,524 | $1,115,800 | $803,000 | $312,800 |
| 2020 | $12,480 | $970,300 | $698,300 | $272,000 |
| 2019 | $12,594 | $951,300 | $684,600 | $266,700 |
| 2018 | $12,222 | $906,000 | $652,000 | $254,000 |
| 2017 | $10,932 | $863,000 | $621,000 | $242,000 |
| 2016 | $10,390 | $821,000 | $591,000 | $230,000 |
| 2015 | $9,877 | $782,000 | $563,000 | $219,000 |
| 2014 | -- | $731,000 | $526,000 | $205,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/30/2025 09/30/25 | For Sale | $2,750,000 | -- | -- |
Source: MetroList
MLS Number: 225125423
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