REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Ramon Kochavi Marcus & Millichap
$ 1,600,000
Est. payment | /mo
3.76 Acres Lot
$ 1,600,000
Est. payment | /mo
3.76 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 426139835
HOA Y/N No
Year Built 1950
Lot Size 3.760 Acres
Acres 3.76
New Construction No
Property Description
35-Unit Mobile Home Park. 29 tenant owned homes, 3 vacant sites, 1 park owned managers unit, and 2 park owned cabins. Redwoods on the River is an all-age community situated on approximately 3.76 acres. The property is serviced by city water and septic. Water, gas, and electricity are sub-metered, trash service is direct billed, and septic service is included in the base rent. The property presents immediate upside potential through the lease-up of the three vacant sites, providing an investor with the opportunity to increase revenue in the first year of ownership. In addition, the community benefits from its exceptional waterfront setting, attractive park-owned improvements, and desirable location along the river. The property is subject to local rent control regulations, allowing annual rent increases of 50% of CPI with no vacancy decontrol. The most recent rent increase became effective on February 1, 2026.
Location
State CA
County Santa Cruz
Area Ben Lomond
Zoning Commercial Mobile Home Parks
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Connected, Primary Gas Meter, Primary Water Meter, Underground Utilities
Waterfront Description River Front
Building
Lot Description Airport Nearby, Near Public Transit, Restaurant Nearby
Sewer Private Sewer, Septic Tank
Water Public
New Construction No
Others
Tax ID 0781512120
Featured Listings
Featured Listings
Listed by Pat Patricelli of Vanguard Properties
Listed by Pat Patricelli of Vanguard Properties
Listed by Frank A Nolan of Vanguard Properties