7050 East Highway 20

Lucerne, CA 95458

$650,000
Price
2
Beds
2
Baths
1,284 Sq. Ft.
$506 / Sq. Ft.
1,284
Sq. Ft.
$506
per Sq. Ft.

Description

7 Unit Multi Family Property on almost an acre of land. Excellent investment opportunity. At the time of this listing all units were rented. The units are all one level and have ample parking. The well and two septic systems service all the units, and as per the owner, are in good condition. Sale also includes 2 lakefront parcels, one with power and a pier. Both with spectacular views of the lake and mountains.7 Unit Multi Family Property on almost an acre of land. Excellent investment opportunity. At the time of this listing all units were rented. The units are all one level and have ample parking. The well and two septic systems service all the units, and as per the owner, are in good condition. Sale also includes 2 lakefront parcels, one with power and a pier. Both with spectacular views of the lake and mountains.
  1. Listed by James L Magliulo • DRE #01852966 • Brokerage DRE #00853888 • Country Air Properties

Property Details for 7050 East Highway 20

Zoning
SR
View Description
Lake, Mountains
Cross Street
none
Total Parking Spaces
20
LISTING UPDATED: 08/08/2023 03:48 PM

Property Details for 7050 East Highway 20

StatusActive
MLS #322105561
Days on Compass476
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1940
Lot Size0.71 AC / 30,866 SF
CountyLake County

Building Information for 7050 East Highway 20

Stories-Residences-Year Built1940Building Size-Lot Size0.71 AC / 30,866 SF

Property Information for 7050 East Highway 20

Summary
Location and General Information
  • Area/District: Lake County
  • Area Short Display: I0000
  • Directions to Property: State Hwy 20 east to Lucerne to property
  • Area Long Display: Lake County
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 006-022-250-000
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
Parking
  • Parking Features: Offsite, Open, Uncovered, Varies by Unit
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 0
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage: 1284.0
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Auto-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 30867.0
  • Lot Features: Shape Irregular, Other
  • Road Frontage Type: Highway
  • Property Condition: Varies by Unit
Property and Assessments
  • Picture Count: 15
  • Property Disclaimer: Information has not been verified, is not guaranteed, and is subject to change. Any offer of compensation is made exclusively to Broker Participants of the MLS where the subject listing is filed.<BR> Copyright &copy; 2023 Bay Area Real Estate Information Services, Inc. All rights reserved.<BR>Copyright</A> &copy;2023 <A name="trans">Rapattoni Corporation. All rights reserved.</A><BR>U.S. Patent 6,910,045
  • Actual or Scheduled: Actual
  • Gross Rent Multiplier: 0.0
Utilities
  • Sewer: Septic System
  • Water Source: Well
  • Separate Meters: Electricity
Interior and Exterior Features
Exterior Features
  • Community Features: Biking, Fishing, Golf, Hiking, Hunting
  • Road Surface Type: Paved
  • Stories: 1
  • Exterior Features: Fenced Yard, Yard Space
  • Pool: No
  • Roof: Composition
  • # of Floors: 0
Interior Features
  • Heating: Electric, Individual, Varies by Unit
  • Cooling: Ceiling Fan(s), Varies by Unit, Wall Unit(s)
  • Basement: None
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Other
  • # of Guest Space(s): 0
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 1
  • 1 Bedroom Rent Range: 800
  • 1 Bedroom Annual Occupancy: 95.00%
  • # of 1 Bedrooms Occupied: 2
2 Bedroom Unit
  • # of 2 Bedroom Units: 2
  • 2 Bedroom Rent Range: 500
  • 2 Bedroom Annual Occupancy: 95.00%
  • # of 2 Bedrooms Occupied: 2
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Rent Range: 800
  • 3 Bedroom Annual Occupancy: 95.00%
  • # of 3 Bedrooms Occupied: 1
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 800
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $71,400.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 5
  • # Of Units Total: 7
  • # of Studio Units: 3
  • # Studios Occupied: 2
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Description: 1 bedroom, 1 bath
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 2
  • Unit 1 Approx SqFt: 600
Unit 2
  • Unit 2 Bedrooms: 1
  • Unit 2 Description: 2 bedrooms, 1 bath
  • Unit 2 Full Baths: 1
  • Unit 2 SqFt Source: Not Measured
  • Unit 2 # of Rooms: 3
  • Unit 2 Approx SqFt: 800
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 0
  • Unit 3 Approx SqFt: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0
  • Unit 4 Approx SqFt: 0

Property History for 7050 East 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 7050 East Highway 20

Taxable ValueLand$170,854Additions$163,425Total$334,279
Tax Record2024$3,894 ($324 / month)
Home Facts
Baths2Total Finished SqFt1,200 SqFtAbove Grade Finished SqFt1,200 SqFtStories1Lot Size39,639 SqFtStyleHotel / MotelYear Built1940Year Renovated1976ZoningSRCountyLAKEAPN006-022-250-000Fireplace TypeHas Fireplace

Schools near 7050 East Highway 20

This home is within Lucerne Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lucerne Elementary School
PublicK to 8

Upper Lake Middle School
Public6 to 8

Upper Lake High School
Public9 to 12

Upper Lake Community Day 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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7050 East Highway 20 is a mixed use property for sale in Lucerne, CA 95458. This property was listed for sale on November 27, 2022 by Country Air Properties, it's currently listed at $650,000. This listing's school district is Lucerne Elementary School District. Nearby schools include Lucerne Elementary School, Upper Lake Middle School and Upper Lake High School. 7050 East Highway 20 is a 2-bed, 2-bath, 1,284 sqft mixed use property built in 1940.

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.

Listing Courtesy of Country Air Properties, James L Magliulo, DRE #01852966

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.