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Mobile Home Park

Rancho Valley MHP

2881 Pennington Rd, Live Oak, CA 95953

Listing Price: $2,095,000

Cap Rate
6.72%
Number of Spaces
20
Lot Size
2.07 acres
Occupancy
93.0%
Price/Space
$104,750
Spaces/Acre
9.66
Year Built
1971

Investment Overview

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

Exclusively Listed By

Mobile Home Park

Rancho Valley MHP

Listing Price: $2,095,000

Cap Rate
6.72%
Number of Spaces
20
Lot Size
2.07 acres
Occupancy
93.0%
Price/Space
$104,750
Spaces/Acre
9.66
Year Built
1971

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

Investment Overview

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.

Exclusively Listed By

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