14510 Lakeshore Drive

    Clearlake, CA 95422
    • $437,000
    • STATUS: Closed
    • ON SITE: 139 days
    • ID#: LC18177323
    Sold - 10/24/2018
    $437,000
    SOLD - 10/24/2018
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,000
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Building is approximately a total of 5,000sf and consists of a ground floor retail space(1000sf), ground floor 3bd/1ba residential unit(1500sf), and four residential units upstairs(2500sf). Property is centrally located in the design district of Clearlake with excellent visibility on the corner of Lakeshore Dr and Mullen Ave. Property is within walking distance to the lake, restaurants, shopping, parks, etc. The building is well maintained and offers plenty of onsite parking as well as a 5 car garage. Investment reflects a 8.87% CAP Rate.

    Sold by August Schmitt of Remax Champions.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T15:31:16.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.dscvrproperties.com/homes/85885070

    14510 Lakeshore Drive Clearlake, CA 95422

    • Price: $450,000
    • Status: Closed
    • Updated: 14 min ago
    • ID#: LC18177323
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    5,000
    SQFT
    $87
    $/SQFT
    1944
    Built
    Neighborhood:
    LCCLN - Clearlake N- NW
    County:
    Lake
    Area:
    LCCLN - Clearlake N- NW
    Property Description
    Building is approximately a total of 5,000sf and consists of a ground floor retail space(1000sf), ground floor 3bd/1ba residential unit(1500sf), and four residential units upstairs(2500sf). Property is centrally located in the design district of Clearlake with excellent visibility on the corner of Lakeshore Dr and Mullen Ave. Property is within walking distance to the lake, restaurants, shopping, parks, etc. The building is well maintained and offers plenty of onsite parking as well as a 5 car garage. Investment reflects a 8.87% CAP Rate.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features See Remarks

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 8.87 Country Us Gross Scheduled Income 57600.00 Land Use Multi-FamilyOfficeRetail Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 39894.00 Operating Expense 17706.00 Property Sub Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Alex Tannous of Batarseh Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T15:31:16.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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