6355 Lincoln, Oroville, CA 95966
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
6355 Lincoln,Oroville, CA 95966
$3,052,000
- - Beds
- - Baths
- 1 sq. ft.
- Multi-family
- Active
Listed by: tim ryan
Office: avine real estate
MLS#:OC26042485
Source:CRMLS
Price summary
- Price:$3,052,000
- Price per sq. ft.:$3,052,000
About this home
Iron Oaks Mobile Home Park is a 40-site, all-age manufactured housing community plus one single-family residence located in the Greater Oroville area of Northern California. Iron Oaks MHP 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. 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 30 occupied tenant-owned homes, four occupied park-owned homes, and six vacant lots ready for new home placement, providing upside through infill. The average space rent of $617 per month is approximately 15% below market, offering a clear path for rental growth. The four newer park-owned homes are currently leased between $1,300 and $1,520 per month and are valued at a total of $340,000 or $85,000 per home. The stick-built single-family residence located at the front of the community is undergoing final improvements, including a new roof, and is expected to be leased prior to closing, contributing additional stabilized income.
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 under HUD review. 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 $312,000, providing investors with an attractive basis for scalable future growth in a supply-constrained market.
Strategically located in the Greater Oroville area, serving an approximate population of ~55,000 and encompassing the City of Oroville, the county seat of Butte County, Iron Oaks MHP benefits from a stable regional economy supported by healthcare, government services, higher education, agriculture, water and energy infrastructure, and recreation Lake Oroville.
Contact an agent
Home facts
- Year built:1961
- Listing ID #:OC26042485
- Added:1 day(s) ago
- Updated:February 28, 2026 at 11:38 AM
Rooms and interior
- Living area:1 sq. ft.
Structure and exterior
- Year built:1961
- Building area:1 sq. ft.
- Lot area:11.47 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Engineered Septic, Private Sewer, Septic Tank
Finances and disclosures
- Price:$3,052,000
- Price per sq. ft.:$3,052,000
- Tax amount:$26,271 (2025)
New listings near 6355 Lincoln
- New
$325,000Active3 beds 3 baths1,128 sq. ft.2032 7th, Oroville, CA 95965
MLS# OR26042382Listed by: TABLE MOUNTAIN REALTY, INC. - New
$510,000Active3 beds 2 baths1,512 sq. ft.53 Dustin Lane, Oroville, CA 95966
MLS# OR26043068Listed by: TABLE MOUNTAIN REALTY, INC. - New
$160,000Active4 beds 2 baths2,016 sq. ft.2265 Wilcox, Oroville, CA 95966
MLS# OR26044167Listed by: TABLE MOUNTAIN REALTY, INC. - New
$120,000Active2 beds 1 baths731 sq. ft.2380 A, Oroville, CA 95966
MLS# OR26043889Listed by: TABLE MOUNTAIN REALTY, INC. - New
$425,000Active-- beds -- baths3,424 sq. ft.1547 2nd Avenue, Oroville, CA 95965
MLS# 226022624Listed by: 3 POINT REAL ESTATE & CONSTRUCTION - New
$145,000Active2 beds 2 baths720 sq. ft.12141 State Highway 70, Oroville, CA 95965
MLS# PA26043086Listed by: ACTION REALTY - New
$370,000Active3 beds 3 baths1,676 sq. ft.76 Stoney Oaks Boulevard, Oroville, CA 95966
MLS# 226022318Listed by: CENTURY 21 SELECT REAL ESTATE - New
$15,000Active2 beds 2 baths720 sq. ft.1023 14th Street #17A, Oroville, CA 95965
MLS# OR26041257Listed by: PARKWAY REAL ESTATE CO. - New
$279,900Active3 beds 1 baths1,274 sq. ft.2163 4th Street, Oroville, CA 95965
MLS# PTP2601426Listed by: CA-RES