$275,000 Price Analysis 6040 E Highway 20Lucerne, CA 95458 3 bed 2 bath 751 SqFt ($366/SqFt) 3,920SqFt lot. Built 1956 Listed 2024-05-02, Taxes $1,438 | ✓ USDA Eligible near Lucerne, CA |
CA. Positioned across from Clearlake, this property offers a remarkable opportunity for renovation and value enhancement. With a generous courtyard nestled between the buildings, this property provides an ideal setting for a co-living space or a value-add conversion project. Features: Convenient Location: Situated on E Hwy 20, offering easy access to local amenities and recreational opportunities around Clearlake. Duplex Layout: Comprising two distinct living units within one property, providing flexibility for rental income or shared living arrangements. Outdoor Space: A open courtyard between the buildings, ideal for relaxation, gatherings or potential outdoor amenities post-renovation. Proximity to Clearlake: Directly facing Clearlake, providing residents with access to water activities, breathtaking views and a serene atmos phere. Renovation Potential: An excellent opportunity for renovation enthusiasts to rejuvenate the existing structure and increase the property's value. Fixer-Upper Status: Requires renovation and repairs, allowing buyers to tailor and modernize according to their preferences. Financing Option Available: Explore the possibility of owner financing with a substantial down payment, providing an alternative avenue for qualified buyers to secure ownership. Lucrative Investment: Perfect for investors or buyers seeking a rewarding project in Lucerne's dynamic real estate market. Future RUBS (Ratio Utility Billing System) addition is bing bid to add value add individual utility metering. Garage Conversions: Potential for adding two more units, with additional water meter construction also enabling a second water source for additional units in the taller building with lake views. Unit Details: Unit 1: [2 bedrooms, 1 bathroom, 748 square feet] Unit 2: [2 bedrooms, 1 bathroom, 693 square feet with garage below] Don't miss this exceptional opportunity to transform a fixer-upper into your dream investment property!
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Presented by Brian Dombroski at
Dombroski Realty.
Property MLS #FR24087644 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $78,084 + $44,618 $122,702 | $1,438 |
2021 | $76,553 + $43,744 $120,297 | $1,448 |
2020 | $75,769 + $43,296 $119,065 | $1,369 |
2019 | $74,284 + $42,448 $116,732 | $1,408 |
2018 | $72,828 + $41,616 $114,444 | $1,321 |
2017 | $41,947 + $38,838 $80,785 | $1,271 |
2016 | $41,125 + $38,077 $79,202 | $930 |
2015 | $40,508 + $37,506 $78,014 | $916 |
2014 | $39,715 + $36,772 $76,487 | $905 |
2013 | $39,536 + $36,606 $76,142 | $903 |
2012 | $38,761 + $35,889 $74,650 | $905 |
2010 | $38,001 + $35,186 $73,187 | $874 |
2009 | $37,806 + $35,006 $72,812 | $875 |
2009 | $37,717 + $34,924 $72,641 | $875 |
2008 | $37,065 + $34,320 $71,385 | $841 |
2007 | $36,339 + $33,648 $69,987 | $818 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.