25433 South Avenue, Corning, CA 96021
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
25433 South Avenue,Corning, CA 96021
$4,799,000
- - Beds
- - Baths
- 1,000 sq. ft.
- Multi-family
- Active
Listed by: tim ryan
Office: avine real estate949-432-4055
MLS#:OC26117144
Source:CRMLS
Price summary
- Price:$4,799,000
- Price per sq. ft.:$4,799
About this home
Seller is not considering offers based on seller financing. Do not visit the property without scheduling with the listing agent.
Woodson Bridge RV Park is a 125-site community, located in Corning, Tehama County, CA and offered at $4,799,000. The Property consists of 110 long-term RV/MH sites, 14 transient RV sites, a 2-bed 2-bath site-built residence with 2-car garage, a convenience store, clubhouse, maintenance garage, and common area facilities including bathrooms, showers, and laundry.
The community is currently self-managed by the owner, and generated approximately $650,000 of net operating income in the trailing twelve months. The financial underwriting assumes an increased operating expense load, and reduced income from the convenience store, resulting in current budget net operating income of $482,230. Even at this conservatively underwritten income level, the pricing equates to a 10.05% cap rate.
98 of the 110 long-term RV/MH sites are occupied at an average space rent of $612 per month, with all occupied homes owned by their residents. The 14 transient RV/MH sites generate supplemental income. The Property is HCD permitted for 134 total RV/MH sites (31 MH, 96 RV w/Drain, 7 RV w/o Drain), with 10 sites currently inactive. Additional income is generated from service fees for community facilities, maintenance, guest access, storage, and other ancillary charges. PG&E electricity is submetered and billed back to residents, residents obtain their own propane, and private well water, septic, and trash service are included in the rent.
The Property is currently managed by the owner, who visits the property weekly and receives support from four staff members responsible for the convenience store, check-ins/reception, maintenance, and other daytoday operations. Currently most repairs and maintenance tasks are handled by staff, rather than outside contractors. The Current Budget assumes a transition to third-party off-site management to reduce operational burden of new owner as well as a 100% increase in repairs and maintenance costs.
Woodson Bridge RV Park is strategically positioned to capture both long-term housing demand and seasonal recreational tourism along the Sacramento River. The Property enjoys over 1,000 feet of river frontage, providing scenic views and a natural amenity base that supports both resident retention and daily RV demand....
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Home facts
- Year built:1953
- Listing ID #:OC26117144
- Added:117 day(s) ago
- Updated:September 24, 2026 at 11:07 AM
Rooms and interior
- Living area:1,000 sq. ft.
Structure and exterior
- Year built:1953
- Building area:1,000 sq. ft.
- Lot area:8.05 Acres
Utilities
- Water:Well
- Sewer:Shared Septic
Finances and disclosures
- Price:$4,799,000
- Price per sq. ft.:$4,799
- Tax amount:$20,469 (2025)
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
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