13955 Lakeshore Dr, Clearlake, CA 95422
13955 Lakeshore Dr, Clearlake, CA 95422
13955 Lakeshore Dr, Clearlake, CA 95422
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Listed by Musa Mojaddedi • Excel Realty • 510-999-1997
$879,000
Est. payment /mo
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7,000 SqFt
New

13955 Lakeshore Dr Clearlake, CA 95422

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Key Details

Property Type Commercial

Sub Type 5 or More Units

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

Property Sub-Type 5 or More Units

Source BAY EAST

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

Interior

Heating Wall Furnace, Other

Cooling Ceiling Fan(s), Other

Flooring Other

Fireplace No

Building

Lot Description Other, Front Yard, Private

Water Public

Others

Special Listing Condition Offer As Is


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

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Cara L. Milgate

Cara L. Milgate

Agent License ID: CA01044930

+1(510) 984-9548

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13955 Lakeshore Dr