$1,575,000

24850 5th Ave Los Molinos, CA 96055

Estimated payment $9,371/month

Total Views 153
1 Bed
-- Bath
1,000 Sq Ft
$1,575 Price per Sq Ft

Highlights

  • Fishing
  • 12.39 Acre Lot
  • Hiking Trails
  • River View
  • Community Lake
  • Laundry Room

About This Home

Antelope Creek MHP is a 54-site, all-age community in Los Molinos, CA being offered for $1,575,000 ($29,167 per site). The
community consists of three separate parcels totaling over 12 acres. 32 sites are occupied by long term residents with tenant-
owned homes.

Antelope Creek MHP benefits from directly billed electric and propane utilities for each site. Waste treatment is handled by a
private septic system and water is provided by a private well. Only approximately 20% of the current residents are billed a flat
rate for trash and septic, presenting the opportunity for the new owner to expand utility recapture. Antelope Creek MHP’s street
coverings are a combination of asphalt and gravel and there is a shared community laundry room. The property also enjoys a
scenic riverfront location and several acres of excess land that are used for community recreation space and RV storage.

Antelope Creek MHP is just a 10-minute drive from schools, services, groceries, and dining in the town of Los Molinos. It is also
less than a 20-minute drive from Red Bluff, CA which offers major services and employment. Antelope Creek MHP is within a 45-
minute drive of Chico, CA and Redding, CA for employment, entertainment, hospitals, education, and a regional airport.

Listing Agent

Tim Ryan

Avine Real Estate Brokerage Phone: 310-862-6103 License #02097345 Listed on: 08/26/2025

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $9,671

Year Built

  • Built in 1964

Lot Details

  • 12.39 Acre Lot
  • River Front
  • No Common Walls
  • Density is 2-5 Units/Acre
  • 047-120-001-000,047-120-022-000

Home Design

  • Manufactured Home With Land

Interior Spaces

  • 1 Bedroom
  • 1,000 Sq Ft Home
  • 1-Story Property
  • River Views
  • Laundry Room

Utilities

  • Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 047120015000
  • $249 per year additional tax assessments

Community Details

Overview

  • 54 Buildings
  • 54 Units
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Hiking Trails

Building Details

  • 32 Leased Units
  • 54 Separate Electric Meters
  • Insurance Expense $15,286
  • Maintenance Expense $19,845
  • Professional Management Expense $18,126
  • Trash Expense $28,285
  • New Taxes Expense $16,708
  • Operating Expense $179,925
  • Gross Income $362,520
  • Net Operating Income $182,595

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$9,671

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 11.59
  • Other Phone Description: Jason Lippe
  • Other Phone Ext: 1
  • Other Phone Number: 619-839-0619
  • Price Per Unit: 29167
  • Professional Management Expense: 18126.00
  • Property Attached: No
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Property Sub Type: Manufactured On Land
  • Property Type: Residential Income
  • Parcel Number: 047120015000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 1575.00

Exterior Features

  • View: River
  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Propane, Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Private Sewer
  • Trash Expense: 28285.00
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 047-120-001-000,047-120-022-000
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 539708.40
  • Lot Size Acres: 12.3900
  • Latitude Manual: 40.07160900

Rental Info

  • Tenant Pays: Electricity, Gas, Other, Sewer, Trash Collection

Multi Family

  • Gross Income: 362520.00
  • Gross Operating Income: 362520.00
  • Gross Scheduled Income: 426494.00
  • Insurance Expense: 15286.00
  • Lot Size Area: 12.3900 Acres
  • Maintenance Expense: 19845.00
  • Net Operating Income: 182595.00
  • Number Of Separate Electric Meters: 54
  • Number Of Units Leased: 32
  • Number Of Units Total: 54
  • Operating Expense: 179925.00
  • Rent Control: No
  • Total Actual Rent: 394933.00
  • Total Expenses: 179925.00
  • Vacancy Allowance: 63974
  • Waterfront Features: River Front

Tax Info

  • New Taxes Expense: 16708.00
  • Tax Rate: 1.04
  • Tax Annual Amount: 9671.00
  • TaxOtherAnnualAssessmentAmount: 249.06

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,079 $492,053 $114,747 $377,306
2023 $5,012 $472,948 $110,293 $362,655
2022 $4,873 $463,676 $108,131 $355,545
2021 $4,790 $454,585 $106,011 $348,574
2020 $4,789 $449,924 $104,924 $345,000
2019 $7,235 $674,631 $441,017 $233,614
2018 $6,904 $661,404 $432,370 $229,034
2017 $6,966 $648,437 $423,893 $224,544
2016 $6,539 $638,494 $415,582 $222,912
2015 -- $626,176 $409,340 $216,836
2014 $6,319 $613,911 $401,322 $212,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 For Sale $1,575,000 +3181.3% $1,575 / Sq Ft
05/13/2025 05/13/25 Price Changed $48,000 -4.0% $57 / Sq Ft
03/18/2025 03/18/25 For Sale $50,000 0.0% $60 / Sq Ft
05/28/2021 05/28/21 Sold $50,000 -23.1% $35 / Sq Ft
05/20/2021 05/20/21 For Sale $65,000 -- $45 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 First American Title Company
Grant Deed $1,340,000 Fidelity National Title
Individual Deed $860,000 Northern California Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Commercial
Closed $250,000 Unknown
Previous Owner $938,000 Commercial
Previous Owner $590,000 Commercial
Previous Owner $350,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25171591

California Regional Multiple Listing Service (CRMLS)

APN: 047-120-015-000