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Crystal Mobile Home Community Opportunity
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617 Walsh Street #13 Grass, Grass Valley, CA 95945

Mobile home community near Condon Park and Downtown Grass Valley.

Property Size520 SF
Days on Market362

Property Features for 617 Walsh Street #13 Grass

General Information

Standard status Active
Size 520 SF
Property subtype Mobile Home

Amenities

Fireplace
Wall/Window Unit(s)
Refrigerator
Water/Sewer Meter on Site

Building Details

Building Size 520 SF
Listing Agency: Smithonic Real Estate
Listed By: Joseph Smithonic · License #01980469
Source: Kw
Added: Oct 24, 2025 Changed: Oct 19 Last Checked: Jul 16 at 8:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smithonic Real Estate

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Investment Insights

Based on property information with market context.

Crystal Mobile Home Community is located steps away from the Peabody Creek trail along Condon Park and within walking distance of Downtown Grass Valley. This property may require repairs and renovations, but has potential.

Key Highlights

  • Located steps away from the Peabody Creek trail and Condon Park.
  • Walking distance to Downtown Grass Valley.
  • Located in Crystal Mobile Home Community.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,847
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,940 $136.9K
Cap Rate 7%
$97,814 $97.8K
Cap Rate 9%
$76,078 $76.1K
Market Conditions
NOI Build-Up for 520 SF
Gross rent
$13.1K $25.20/SF
− Vacancy
−$655 −$1.26/SF
EGI
$12.4K $23.94/SF
− OpEx
−$5.6K −$10.77/SF
NOI
$6.8K $13.17/SF
Area
Nevada County, CA
Vacancy
5.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$136,940
Cap Rate 7%
$97,814
Cap Rate 9%
$76,078

Alternative Uses

Best Use
Apartment 5plus
$97.8K
$85.6K – $114.1K (±1% cap)
NOI $6,847 @ 7.0% cap · market cap 85.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$185.9K
$162.7K – $216.9K (±1% cap)
NOI $13,014 @ 7.0% cap · market cap 162.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 95945, CA

26,302
Population
13,051
Households
2
Avg Household Size
50
Median Age
32%
College-Educated
94%
High-School Grad
61.1 sq mi
ZIP Area
430
Density / Sq Mi
$61,068
Median Household Income
$41,072
Median Earnings
$1,420
Median Rent
$496,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Mobile home community near Condon Park and Downtown Grass Valley.
Where is this mobile home & rv park located?
The property is located at 617 Walsh Street #13 Grass Grass Valley, CA.
What are key features of this property?
This property features: Located steps away from the Peabody Creek trail and Condon Park.; Walking distance to Downtown Grass Valley.; Located in Crystal Mobile Home Community.
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