Property Details
About this Property
Rare Value-Add Investment Opportunity! Welcome to a permitted and licensed mobile home and RV park offering 13 income-producing tenants (2 cottages, 7 RV lots, and a fourplex of studios), plus two houses and a studio fourplex on site. Tenant-owned RVs and mobile homes are permanently placed and fully connected to water, sewer, and electricity, creating a low-maintenance ownership model where the owner primarily maintains structures and utility connections. Major improvements include full paving and new roofs in 2019. Updated studio units with laminate flooring and granite top kitchen cabinets. Currently generating over $10,000/month with one vacancy, the property produces $127,000+ in annual gross income with vacancy under 1% in a stable, close-knit community. This rare hybrid asset offers diversified income, strong cash flow, and upside potential, supporting an attractive cap rate (8%) and Gross Rent Multiplier (9GRM) on purchase price. High-yield, low-maintenance, unique asset class bring your offer!
MLS Listing Information
MLS #
ME226008893
MLS Source
MetroList Services, Inc.
Days on Site
7
Interior Features
Bedrooms
Remodeled
Bathrooms
Updated Bath(s)
Kitchen
Countertop - Granite, Countertop - Stone, Updated
Appliances
Hood Over Range
Dining Room
Dining Area in Family Room
Flooring
Vinyl, Wood
Laundry
220 Volt Outlet, Hookups Only
Cooling
Ceiling Fan, Central Forced Air, Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Shingle
Foundation
Raised
Pool
Pool - No
Style
Ranch
Parking, School, and Other Information
Garage/Parking
Access - Alley, Private / Exclusive, RV Access, RV Possible, Garage: 0 Car(s)
Sewer
Public Sewer
Water
Public
Zoning
R-1
Contact Information
Listing Agent
May Huang
Epique Inc
License #: 02031003
Phone: (916) 995-6286
Co-Listing Agent
Huihui Zhang
Epique Inc
License #: 02194372
Phone: (916) 430-7313
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 0 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Market Trends Charts
Nearby Homes for Sale
420 Cleveland Ave is a Residential in Sacramento, CA 95833. This 1,764 square foot property sits on a 0.47 Acres Lot and features 6 bedrooms & 6 full bathrooms. It is currently priced at $1,150,000 and was built in –. This address can also be written as 420 Cleveland Ave, Sacramento, CA 95833.
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This listing information is up-to-date as of January 31, 2026. For the most current information, please contact May Huang, (916) 995-6286
