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Listed price in listed location currency (USD).
$4,995,000

002

MLS® OC26117144

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Residential Income
Size -
Garage Yes
Taxes $20,469
Days Active 0
Lot Size 
Approx. Age 1953
MLS® Number OC26117144

Property Address: 25433 South Ave, Corning, CA, 96021-9240

Average square foot calculated using Size range provided by listing agent.

Description

Woodson Bridge RV Park is a 125-site community, located in Corning, Tehama County, CA and offered at $4, 995, 000. The Property consists of 110 long-term RV/MH sites, 14 transient RV sites, a 2-bed 2-bath site-built residence with 2-car garage, a convenience store, clubhouse, maintenance garage, and common area facilities including bathrooms, showers, and laundry. The community is income producing with pricing reflecting a 8.87% current cap rate. There is light value-add upside through convenience store income optimization as well as gradual rent and occupancy growth. 98 of the 110 long-term RV/MH sites are occupied at an average site rent of $612 per month, with all occupied homes owned by their residents. The 14 transient RV/MH sites generate supplemental income. The Property is HCD permitted for 134 total RV/MH sites (31 MH, 96 RV w/Drain, 7 RV w/o Drain), with 10 sites currently inactive. Additional income is generated from service fees for community facilities, maintenance, guest access, storage, and other ancillary charges. Income from the on-site convenience store is excluded from the financials, representing financial upside for a new owner. The store inventory and other personal property are excluded from the offering price and subject to negotiation. PG&E electricity is submetered and billed back to residents, residents obtain their own propane, and private well water, septic, and trash service are included in the rent. The Property is currently managed by the owner, who resides on-site in an RV during the week with support from four staff members responsible for the convenience store, check-ins/reception, maintenance, and other day-to-day operations. The Current Budget assumes a transition to third party off-site management combined with a new on-site manager compensated at $60, 000 per year plus free occupancy of the site-built residence. Woodson Bridge RV Park is strategically positioned to capture both long-term housing demand and seasonal recreational tourism along the Sacramento River. The Property enjoys over 1, 000 feet of river frontage, providing scenic views and a natural amenity base. Corning sits at the heart of one of California's primary olive and orchard agriculture regions, with steady workforce housing demand from the surrounding agricultural and food processing sectors. Please do not visit, drive through, call, or disturb the property or its residents without prior approval from the listing broker.
MLS® NumberOC26117144
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1953
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 30, 2026List Date
$4,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
25433 South Ave, Corning, CA

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