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6355 Lincoln

Oroville, CA 95966
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$2,850,000 $12,015/Mo
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Bed 0

Bed

Bath 0

Bath

Acres1

Acre

SqFt499,633

Sqft(Lot)

Iron Oaks Estates is a 40-site, all-age manufactured housing community plus 1 single-family residence located in the Greater Oroville area of Northern California.? Iron Oaks Estates presents a value-add opportunity driven by below market rents, infill potential, recent capital improvements, and a HCD approved 24-site expansion component, which will increase the permitted sites from 40 to 64 once complete.? The total purchase price is $2,850,000, consisting of $2,600,000 for the mobile home park and $250,000 for the adjacent vacant parcel with approved expansion plans.? Over the past few years, ownership has completed meaningful upgrades to enhance the quality and long-term performance of the community, including repaving the central roadway, refreshing the laundry facility, renovating the front single-family residence, removing older homes, and installing new mobile homes to elevate the overall appearance of the property.? The property is served by municipal water, private septic, and direct-billed gas and electric.? The community currently consists of 29 occupied tenant-owned homes, 3 occupied park-owned homes, 1 park-owned home currently under contract to sell, 6 vacant sites ready for new home placement, and 1 additional vacant site that may be eliminated to facilitate road access associated with a future expansion.? The average space rent of $617 per month is approximately 15% below market, offering a clear path for rental growth.? One park-owned home currently under contract to sell and three park-owned homes leased between $1,300 and $1,520 per month.? The stick-built single-family residence located at the front of the community has recently completed improvements including a new roof and is currently leased at $1,525 per month.? A significant driver of long-term value is the adjacent 6.68-acre parcel, which has received approvals from HCD to expand the community by 24 additional mobile home sites.? The expansion has the civil improvement plans in place and building permits approved by HUD.? Comcast/Xfinity has committed to covering the majority of infrastructure costs for internet, TV, and voice service installation.? The adjacent parcel and associated improvements are valued at $250,000 providing investors with an attractive basis for scalable future growth in a supply-constrained market.? Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.?

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,850,000

AD Id : 75675694

MLS Id : OC26042485

Lot Size : 499,633 Sqft

Living Area Size : 1

Year Built : 1961

County : Butte

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  • Building Information

    Year Built: 1961
    Building Area Total: 1
    Stories: 1
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 499633 Lot Size Acres: 11.47 Lot Size Source: Assessor Lot Size Square Feet: 499,633 Lot Description: 2-5 Units/Acre

  • Listing Price Information

    Listing Price: $2850000
    Original Price: $3052000
    Cash to New Loan, Conventional

  • Tax Information

    Parcel Number: 078050027000 Tax Year: 2025 Annual Tax: $26271

  • Location Information

    Direction: 6355 Lincoln Blvd, Oroville, CA WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Royal Oaks Drive, Oroville, CA, 95966 $499,000 3 3 2,226 2,226 SqFt
Vista Del Cerro, Oroville, CA, 95966 $265,000 3 1 1,289 1,289 SqFt
Willow Creek Dr, Oroville, CA, 95966 $190,000 1 1 500 500 SqFt
Dunstone Dr, Oroville, CA, 95966 $620,000 4 3 3,035 3,035 SqFt
La Mirada Avenue, Oroville, CA, 95966 $340,000 3 3 2,042 2,042 SqFt
Greenbank Avenue, Oroville, CA, 95966 $399,900 3 2 2,263 2,263 SqFt
Kanaka Avenue, Oroville, CA, 95966 $280,000 3 2 1,274 1,274 SqFt
Greenbush Road, Oroville, CA, 95966 $349,000 1 1 600 600 SqFt
Knob Hill Avenue, Oroville, CA, 95966 $585,000 3 2 2,263 2,263 SqFt
Lost Horizon Drive, Oroville, CA, 95966 $325,000 3 2 1,248 1,248 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/25/2026 @ 11:31

MLS: OC26042485 LISTED BY: Tim Ryan, Avine Real Estate 949-432-4055 SOURCE: CRMLS

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