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115 Alta Street, Grass Valley
$539,000
1,973 SqFt. ⋅ 226120110 MLS
Some properties are simply a place to live. Others give you options. This charming 1890 Grass Valley property gives you both. Historic charm meets opportunity just moments from the heart of downtown Grass Valley. Built in 1890 and full of character, this distinctive property offers nearly 2,000 square feet of flexible living space with a long history of two-unit use. The main-level residence features three bedrooms and one bath, while the separate upstairs space offers its own private entrance, one bedroom, one bath, kitchen and living area creating an appealing setup for investors, multigenerational living, owner-occupants seeking supplemental income, or those simply wanting space and versatility. Set beneath mature trees with classic architecture, a charming picket fence and off-street parking, the property feels connected to the character of historic Grass Valley while being conveniently close to downtown dining, shopping and community life. Live in one space and rent the other, create a private guest retreat, or explore the property's future possibilities. A rare opportunity to own a piece of Grass Valley history with the kind of flexibility that can evolve right along with you. All flooring upstairs will need to be replaced and possibly some downstairs. This will need a little TLC - priced accordingly.

115 Alta Street, Grass Valley

Listing courtesy of Century 21 Cornerstone Realty.

10530 Walker, Grass Valley
$2,750,000
225125423 MLS
Introducing The Pines Senior Mobile Home Park, a premier 55+ community located in the charming town of Grass Valley, CA. This unique and lucrative 28-space property, spread over 2.86 acres, offers a rare opportunity to acquire, income-producing asset in a desirable and stable market. Consists of 28 total spaces, including 21 mobile home spaces and 7 homes; 95% Occupancy with reliable income stream. City Utilities, water, and trash are pass-through to tenants; P.G.&E. natural gas and electric are direct billed. Zoning R1-1.5 in a desirable location only 5 minutes to historic downtown Grass Valley, near major freeways and Nevada County transit routes and schools. NOI: $198,113 Cap Rate: 7.2%, GRM: 10.30. With a stable tenant base and excellent market fundamentals, The Pines Senior Mobile Home Park represents a turnkey investment with strong cash flow. The combination of a 95% occupied, senior-only community make this property an exceptional choice for investors seeking dependable income and long-term appreciation. CNDA required. 1MM DP to cure current debt service.

10530 Walker, Grass Valley

Listing courtesy of Two Feathers Realty.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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