Address
13029 Yuba-Nevada Road, Dobbins, CA
Price
$ 425,000
Property Attributes
  • MLS#223118040
  • TypeIncome
  • CountyYUBA
  • CityDobbins
  • AreaDobbins
  • Zip95935
  • StyleModular/Mobile
  • Price$ 425,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size16.12 Acres
Data Source:
MetroList MLS
Property Description

The 16 acre Artemis Meadow Mobile Home Park is a great Value with lots of upside potential! Park features 5 mobile home sites. Each site rents for $400 per month. 4 sites are currently rented with tenant owned homes. Unit 5 features a double wide park owned home. Other buildings include a site build home(unit#1), a 2 car garage, and a cafeteria/commercial kitchen space(unit#7) that is currently being used as storage. Property comes with a double wide trailer that was once a classroom. This home is 2x4-2x6 construction and is built strong, needs to be converted to a home and installed. Each home has its own electric meter and septic system. The park is supported by a strong well with regular potability testing. Units 5b and 7 need renovation. This is truly a diamond in the ruff. Currently at 7.3 % CAP rate. Well above the average, with the potential to easily double your yearly income. Seller willing to carry with $250k down, for 3 years, at 7%. On 16 acres, you have plenty of space to build your dream home separate from the park and with privacy. Live and work in beautiful Dobbins California. Dobbins is a tight niche community with local shops, dining, farmers market and lakes for recreation.

Price History
12/25/2023 Listed $450,000
2/13/2024 6% - $425,000

General Features

Sewer Septic System
Heating Other
Cooling Other
Utilities Propane,City,Electric
Unit 4 Rent 400
Unit 2 Rent 400
Unit 3 Rent 400
Unit 1 Rent 500
Garage Spaces 2.0
Architectural Style Modular/Mobile
Construction Materials Other
Year Built 1971
Electric 220 Volts
Tenant Pays Electricity,Gas
Stories 1
Topography Snow Line Below,Trees Few
Property SubType 5 or More Units
County Yuba
Property Type ResidentialIncome
HOA / Comm Assn No
Close Price 0.0
Status Active
Directions Marysville Rd to Texas Hill,to Musholt to Yuba-Nevada
City Dobbins
Buyer Agent Compensation 3
High School District Marysville Joint
Zoning Description A/RR
Open Parking Spaces 0.0
Total Units 9
MLS Area 12505
Lot Size Square Feet 702187.0
Carport Spaces 0.0
Street Name Yuba-Nevada
Ok to Lease Month To Month
Standard Status Active
Middle/Junior School District Marysville Joint
Elementary School District Marysville Joint
Year Built Source Assessor Auto-Fill
Buyer Agent Compensation Type Percent

Interior Features

Flooring Other
Total Stories 1
Furnished Units None
Unit 1 Full Baths 4
Unit1Bedrooms 4
Street Suffix Road
Laundry Features Other
Unit 1 Bedroom Units Total 1
Unit 3 Bedroom Units Total 1
UnitTypeStudioUnitsTotal 1

Exterior Features

Parking Features Open,Underground Parking
Lot Features Meadow West
Water Source Well,Private,Shared Well
Total Parking 20.0
Foundation Details Other
Number of Buildings 3
Lot Size Acres 16.12
Lot Size Source Assessor Auto-Fill
Covered Spaces 0.0
Other Equipment None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95935

Price
AVG $430K
$430K
Visits
AVG 283
282
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1971

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