6135 E State Hwy 20

    Lucerne, CA 95458
    • $489,000
    • STATUS: Active
    • ON SITE: 98 days
    • ID#: 21818226
    UPDATED: 49 min ago
    $489,000
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $140
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Description

    6135 East Highway 20 offers the opportunity to own a lakefront multifamily investment consisting of 6 units situated on a .65 acre lot. Excellent unit mix of three - 1 bedrooms, two - 2 bedrooms, and one - studio all individually metered for PGE. Property has been well maintained and offers many recent updates. Property features a seawall and a dock for easy lake access. All units offer slight rental upside.

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    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-10-20T17:56:14.21.
    www.showcaseproperties.com/homes/85603372

    6135 E State Hwy 20 Lucerne, CA 95458

    • Price: $489,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 21818226
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    3,500
    SQFT
    $140
    $/SQFT
    1978
    Built
    Neighborhood:
    Lake County
    County:
    Lake
    Area:
    Lake County
    Property Description
    6135 East Highway 20 offers the opportunity to own a lakefront multifamily investment consisting of 6 units situated on a .65 acre lot. Excellent unit mix of three - 1 bedrooms, two - 2 bedrooms, and one - studio all individually metered for PGE. Property has been well maintained and offers many recent updates. Property features a seawall and a dock for easy lake access. All units offer slight rental upside.
    Exterior Features

    Carports 0 Exterior Wood Siding Foundation Construct Cc Slab Garages 0 Lot Description LakefrontWaterfront On Site Parking Other Open Uncovered Spaces 0 Roof Composition Rv Boat Spaces 0 Type 1 Story Underground Spaces 0 Views LakeWater

    Interior Features

    Heat Cool Other

    Property Features

    1 Bdrm Ann Occupancy 100.00 1 Bdrms Occupied 3 1 Bedroom Rent Range 625-775 1 Bedrooms 3 2 Bdrm Ann Occupancy 100.00 2 Bdrms Occupied 2 2 Bedroom Rent Range 650-900 2 Bedrooms 2 3 Bdrm Ann Occupancy 0.00 3 Bdrms Occupied 0 3 Bedroom Rent Range 0 3 Bedrooms 0 4 Bdrm Ann Occupancy 0.00 4 Bdrms Occupied 0 4 Bedroom Rent Range 0 4 Bedrooms 0 Actual Or Projected Actual Auction No Cap Rate 7.24 City Transfer Tax No City Transfer Tax Rate 0.00 Comm Units Rent Rang 0 Commercial Units 0 Common Int Dev No Est Insurance Exp 2004.00 Est Maintenance Exp 1200.00 Est Management 0.00 Est Misc Expenses 1200.00 Est Net Income 35392.00 Est Taxes 5624.00 Est Total Annual Exp 11708.00 Est Utilities Exp 1680.00 Expense Source Owner Furnished Units 0 GRM 10.38 Gross Scheduled Inc 47100.00 Guest Spaces 0 Laundry Appliance W/D Hookups Lease Deposit 0.00 Lease Terms Month To Month Lot Size Source (Realist Public Rec) Monthly Expenses 975.67 Monthly Income 3925.00 Multifamily Type Multi Unit 5+ New Construction Or Resale Resale Operating Exp Inc InsuranceMaintenanceTaxes/AssessmentsWaterOther Planned Unit Develop No Seller Will Consider Cash OnlyConventional Separate Meters ElectricityGas Sewer Septic Sewer Public Square Footage Source Not Verified Studio Ann Occupancy 100.00 Studio Rent Range 325 Studios 1 Studios Occupied 1 Tenant Pays ElectricityGarbageGas Transaction Type Sale Water Source Water-Public Year Built Source Realist Public Rec

    Listing information © 2018 Bay Area Real Estate Information Services.
    Listing courtesy of Alex Tannous of Batarseh Real Estate.


    © 2018 Bay Area Real Estate Information Services, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate Services. Data last updated: 2018-10-20T17:56:14.21.
     
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    Vacaville CA, 95688