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Crystal Mobile Home Community 617 Walsh St 14 Unit Mobile Home Park $1,650,000 ($117,857/Unit) 6.43% Cap Rate Grass Valley, CA 95945
Investment Highlights
- PG&E direct gas & electric to residents
- 10-min walk to downtown
- No local rent control
- 5-min walk to Condon Park
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,650,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $117,857 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.50 AC |
| Cap Rate | 6.43% | Building Size | 9,496 SF |
| Sale Condition | Business Value Included | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Zoning | R1 - Single family residential | ||
| Price | $1,650,000 |
| Price Per Unit | $117,857 |
| Sale Type | Investment |
| Cap Rate | 6.43% |
| Sale Condition | Business Value Included |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.50 AC |
| Building Size | 9,496 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1963 |
| Zoning | R1 - Single family residential |
Amenities
Site Amenities
- Laundry Facilities
About 617 WALSH ST , GRASS VALLEY, CA 95945
Crystal Mobile Home Community is an all-ages manufactured housing community located at 617 Walsh Street in the City of Grass Valley, California. This charming community is nestled between the downtown area and Condon Park, a local amenity with a dog park, skatepark, disc golf course, sports facilities, and more. The community has great access to State Routes 20 and 49 for travelers that frequent Lake Tahoe and Sacramento, respectively. The community consists of 14 mobilehome spaces, which are 100% resident-owned and occupied on 1.45 acres. The property operates on public water and sewer. Gas, electric, and disposal services are directly billed by local service providers. In addition, the City of Grass Valley does not have a local rent control ordinance for mobilehome communities.
Property Taxes
| Parcel Numbers | Total Assessment | $741,552 (2025) | |
| Land Assessment | $258,155 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $483,397 (2025) | Tax Year | 2026 |
Property Taxes
Presented by
Smithonic Real Estate, Inc.
Crystal Mobile Home Community | 617 Walsh St
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