6355 Lincoln, Oroville, CA 95966
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
6355 Lincoln,Oroville, CA 95966
$2,850,000
- - Beds
- - Baths
- 1 sq. ft.
- Multi-family
- Active
Listed by: tim ryan
Office: avine real estate949-432-4055
MLS#:OC26042485
Source:CRMLS
Price summary
- Price:$2,850,000
- Price per sq. ft.:$2,850,000
About this home
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.?...
Contact an agent
Home facts
- Year built:1961
- Listing ID #:OC26042485
- Added:101 day(s) ago
- Updated:June 09, 2026 at 11:36 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:$2,850,000
- Price per sq. ft.:$2,850,000
- Tax amount:$26,271 (2025)
New listings near 6355 Lincoln
- New
$336,000Active3 beds 2 baths1,248 sq. ft.1166 Ruddy Creek Court, Oroville, CA 95965
MLS# OR26124373Listed by: CENTURY 21 SELECT REAL ESTATE INC - New
$449,000Active3 beds 2 baths1,885 sq. ft.127 Eagle Vista Drive, Oroville, CA 95966
MLS# 226073085Listed by: GRAND REALTY GROUP - New
$195,000Active2 beds 2 baths1,344 sq. ft.6165 Kanaka, Oroville, CA 95966
MLS# OR26124959Listed by: CENTURY 21 SELECT REAL ESTATE INC - New
$289,000Active3 beds 1 baths1,039 sq. ft.3364 Ashley, Oroville, CA 95966
MLS# OR26124561Listed by: TABLE MOUNTAIN REALTY, INC. - Open Thu, 9:30am to 12pmNew
$257,000Active3 beds 1 baths1,026 sq. ft.3050 Clemo, Oroville, CA 95966
MLS# OR26117827Listed by: TABLE MOUNTAIN REALTY, INC. - New
$149,000Active12.99 Acres74 Lakeview Ridge, Oroville, CA 95966
MLS# OR26123127Listed by: CENTURY 21 SELECT REAL ESTATE INC - New
$299,000Active2 beds 1 baths1,290 sq. ft.3353 Forbestown Road, Oroville, CA 95966
MLS# 226072386Listed by: LPT REALTY, INC - New
$18,000Active0.11 Acres1835 Elgin, Oroville, CA 95966
MLS# OR26123138Listed by: EXP REALTY OF CALIFORNIA INC - New
$215,000Active3 beds 2 baths900 sq. ft.1059 Thermalito Avenue, Oroville, CA 95965
MLS# OR26122626Listed by: 100 FOR 100 REALTY - New
$549,000Active-- beds -- baths2,880 sq. ft.341 Table Mountain Boulevard, Oroville, CA 95965
MLS# 226071626Listed by: REALTY ONE GROUP COMPLETE