4685 State Highway 20

Upper Lake, CA 95485

$1,400,000
Price
Beds
7,000 Sq. Ft.
$200 / Sq. Ft.
7,000
Sq. Ft.
$200
per Sq. Ft.

Description

The perfect adult community retirement income stream. 10 cabins + owner/manager residence on the water on a 4.41 acre parcel of land on Highway 20, PLUS another 19.73 acres (APN 003-025-050 / 4650 W State Highway 20) across the highway with another single family residence high on the hill with lake & mountain views. All rented. Search 4685 W State Highway 20 on Google Earth for a terrific view & location confirmation. Paved drive and concrete walkways meander through the park. Owner pays well water...The perfect adult community retirement income stream. 10 cabins + owner/manager residence on the water on a 4.41 acre parcel of land on Highway 20, PLUS another 19.73 acres (APN 003-025-050 / 4650 W State Highway 20) across the highway with another single family residence high on the hill with lake & mountain views. All rented. Search 4685 W State Highway 20 on Google Earth for a terrific view & location confirmation. Paved drive and concrete walkways meander through the park. Owner pays well water maintenance & distribution / garbage collection but all else separate metered to each unit. 4 shared septic systems per owner. Coin operated laundry facility. Current rents are reported as $139,200 annually. Assuming 20% owner expenses that's a nearly 9.00% cap rate at the asking price. Live in one and rent the others. Enough to keep you busy in between sunrise, sunset, and fishing. Amazing property to enjoy an amazing lifestyle. Units, Room Count, Square footage is estimated and not verified. All information subject to Buyer confirmation.
  1. Listed by Douglas Kues • DRE #00366027 • Brokerage DRE #00366027 • Boss Real Estate & Appraisal

Property Details for 4685 State Highway 20

Total Units
12.0
Lot Size Source
Assessor
Building Area Total
7000
Building Area Units
Square Feet
Zoning
CR-RL
Parcel Number
003025070000
Area
Blue Lakes (LCBL)
Directions
Blue Lakes Cove - .60 mile West of Hwy 20 / Scotts Valley Rd Intersection in Upper Lake
LISTING UPDATED: 02/04/2020 01:47 AM

Property Details for 4685 State Highway 20

StatusActive
MLS #LC19021234
Days on Compass2114
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1929
Lot Size24.14 AC / 1,051,538 SF
CountyLake County

Building Information for 4685 State Highway 20

Stories-Residences-Year Built1929Building Size-Lot Size24.14 AC / 1,051,538 SF

Property Information for 4685 State Highway 20

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $139,200
  • Current Financing: Conventional, Other
Community / Development
Community / Development
  • Investment Property: Yes
  • Park Name: Blue Lakes Cove
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Laundry Equipment Own Lease: Own
  • Cooling: Wall/Window Unit(s)
  • Heating: Zoned, Space Heater, Electric, Propane
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Block, Concrete, Wood Siding
  • Roof: Composition, Shingle
  • Fence: Yes
  • Fencing: Wood
  • Waterfront Features: Fishing in Community, Lake, Lake Front, Waterfront With Home Across Road
Land/Lot Info
  • Sign on Property: Yes
  • Additional Parcels Description: 003-025-050
  • Lot Features: Sloped Down, Gentle Sloping, Lot Over 40000 Sqft, Irregular Lot
  • Current Use Comments: 10 lakefront cabins / 2 homes
  • Land Use: Multi-Family
  • Topography: Gentle downslope
  • Utilities: Cable Available, Electricity Connected, Phone Available, Propane, See Remarks, Sewer Not Available, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Private, Shared Well, Well
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Hotel/Motel, Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 15
  • Unit Type Baths Total: 13
  • Unit Type Type: 1
Unit Information
  • Number Of Units Leased: 12
  • Number Of Buildings: 13

Property History for 4685 State Highway 20

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4685 State Highway 20

Taxable ValueLand$416,160Additions$780,300Total$1,196,460
Tax Record2024$14,043 ($1,170 / month)
Home Facts
Baths0.5Total Finished SqFt896 SqFtAbove Grade Finished SqFt896 SqFtLot Size123,274 SqFtStyleHotel / MotelYear Built1929ZoningCRCountyLAKEAPN003-025-070-000

Schools near 4685 State Highway 20

Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Upper Lake Elementary School
PublicK to 5

Upper Lake Middle School
Public6 to 8

Upper Lake High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4685 State Highway 20 is a multi-family home for sale in Upper Lake, CA 95485. This property was listed for sale on January 25, 2019 by Boss Real Estate & Appraisal, it's currently listed at $1,400,000. It has been on the market for a total of 2114 days and was last sold on July 9, 2021. Nearby schools include Upper Lake Elementary School, Upper Lake Middle School and Upper Lake High School. 4685 State Highway 20 is a 0-bed, 0-bath, 7,000 sqft multi-family home built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Boss Real Estate & Appraisal, Douglas Kues, DRE #00366027

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.