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Lassen Mobile Home Park
For Sale
Contact for pricing
Pending

704-550 Bangham Ln, Susanville, CA 96130

All-age mobile home park with 30 sites on 7.75 acres.

Property Size337,590 SF
Lot Size7.75 Acres
Days on Market660

Property Features for 704-550 Bangham Ln

General Information

Standard status Pending
Size 337,590 SF
Class C
Lot size 7.75 Acres
Property subtype Mobile Home Park, Multifamily
Occupancy 73%
Investment Type Value Add
Net Operating Income $118,623

Building Details

Year Built 1962
Buildings 2
Units 30
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Dustin B. Wilmer · License #CA 01928162
Source: Crexi
Added: Nov 12, 2024 Changed: Aug 25 Last Checked: Sep 3 at 1:57AM

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 Marcus & Millichap - Downtown San Diego

Investment Insights

Based on property information with market context.

Lassen Mobile Home Park is an all-age manufactured housing community with 30 sites in Susanville, located in Lassen County. The property consists of 28 mobile home sites and two single-family rentals on 7.75 acres. Constructed in 1962, the community features a low density of space per site, providing large yards and private fenced lots. The paved streets offer one parking space per lot in front of each home. Most lot sizes range from 80 to 90 feet in length and 30 to 40 feet in width, accommodating modern multi-bedroom mobile homes. There are two additional parcels zoned for residential included in the sale, totaling 2.55 acres. These parcels may be utilized for residential development, but additional mobile home expansion cannot be guaranteed. The park currently has four vacant sites, three vacant homes, and one vacant SFR. Site rents range from $500 to $650, and the SFR rent is $830. The park's infrastructure includes an on-site well for water, an on-site septic system for sewer, and direct-billed electricity provided by PG&E, with 8 sites sub-metered. Gas is direct-billed and provided by Ed's Propane. Trash services are provided by Lassen County.

Key Highlights

  • All‑age mobile home park with 30 sites in a high‑demand rental market
  • Significant vacancy upside with four vacant sites, three vacant homes, and one vacant SFR ready to be filled
  • Large lot sizes with private fenced yards, accommodating modern multi‑bedroom mobile homes

Property Analytics

Current Use

Lassen Mobile Home ... Campground & RV Park

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

51
Businesses Nearby

Demographics for 96130, CA

22,121
Population
7,193
Households
3.1
Avg Household Size
36
Median Age
12%
College-Educated
77%
High-School Grad
499.9 sq mi
ZIP Area
44
Density / Sq Mi
$71,125
Median Household Income
$41,962
Median Earnings
$982
Median Rent
$258,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - All-age mobile home park with 30 sites on 7.75 acres.
Where is this mobile home & rv park located?
The property is located at 704-550 Bangham Ln Susanville, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: All‑age mobile home park with 30 sites in a high‑demand rental market; Significant vacancy upside with four vacant sites, three vacant homes, and one vacant SFR ready to be filled; Large lot sizes with private fenced yards, accommodating modern multi‑bedroom mobile homes
More about this property
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