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13955 Lakeshore Dr Clearlake, CA 95422
7,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $125
MLS Listing ID 41152457
HOA Y/N No
Year Built 1955
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Multi Family
Property Description
Just Listed — 13955 Lakeshore Dr, Clearlake, CA 95422 A fantastic lakefront investment with a cap rate over 10%: 10 units — five 2-bedroom/1-bath, two 1-bedroom/1-bath, and three studios — including a private dock on the lake, an office, and an owner storage area, across 7,000 sq ft of building space with 10 parking spaces. This is scale and diversity in a single offering. The unit mix spans spacious two-bedrooms to efficient studios, broadening the tenant base, while each unit is individually metered and the owner pays water, trash, sewer, and storage — an operations setup that keeps management straightforward. Much of the capital work is already behind you: most units have been recently renovated, with new windows and freshly painted interiors and exteriors. The property also sits in a designated Opportunity Zone, offering potential tax benefits for investors, and is close to stores, shops, and public transportation. Double-digit returns, multi-unit income, and a lakefront location — a combination investors rarely see in one offering.
Location
State CA
County Lake
Rooms
Basement None
Interior
Heating Wall Furnace, Other
Cooling Ceiling Fan(s), Other
Flooring Other
Fireplace No
Building
Lot Description Other, Front Yard, Private
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 039131090000
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Listed by Musa Mojaddedi • Excel Realty