4685 State Highway 20
$1,400,000
—
7,000
7,000
$200
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.
- 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 SourceAssessor
Building Area Total7000
Building Area UnitsSquare Feet
ZoningCR-RL
Parcel Number003025070000
AreaBlue Lakes (LCBL)
DirectionsBlue 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
Status | Active |
---|---|
MLS # | LC19021234 |
Days on Compass | 2114 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family |
Year Built | 1929 |
Lot Size | 24.14 AC / 1,051,538 SF |
County | Lake 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
Property History for 4685 State Highway 20
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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 | ||
Clover Valley High (Continuation) 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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