6040 E Highway 20, Lucerne, CA 95458 - Frances Inda

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID FR24087644

Bedrooms 3

Full Baths 2

Year Built 1956

Lot Size 3,920 Sqft

Property Description

Explore the potential of this duplex fixer-upper nestled in the serene community of Lucerne, CA. Positioned across from Clearlake, this property offers a remarkable opportunity for renovation and value enhancement. With a generous courtyard nestled between the buildings, this property provides an ideal setting for a co-living space or a value-add conversion project. Features: Convenient Location: Situated on E Hwy 20, offering easy access to local amenities and recreational opportunities around Clearlake. Duplex Layout: Comprising two distinct living units within one property, providing flexibility for rental income or shared living arrangements. Outdoor Space: A spacious courtyard between the buildings, ideal for relaxation, gatherings, or potential outdoor amenities post-renovation. Proximity to Clearlake: Directly facing Clearlake, providing residents with access to water activities, breathtaking views, and a serene atmosphere. Renovation Potential: An excellent opportunity for renovation enthusiasts to rejuvenate the existing structure and increase the property's value. Fixer-Upper Status: Requires renovation and repairs, allowing buyers to tailor and modernize according to their preferences. Financing Option Available: Explore the possibility of owner financing with a substantial down payment, providing an alternative avenue for qualified buyers to secure ownership. Lucrative Investment: Perfect for investors or buyers seeking a rewarding project in Lucerne's dynamic real estate market. Future RUBS (Ratio Utility Billing System) addition is being bid to add value add individual utility metering. Garage Conversions: Potential for adding two more units, with additional water meter construction also enabling a second water source for additional units in the taller building with lake views. Unit Details: Unit 1: [2 bedrooms, 1 bathroom, 748 square feet] Unit 2: [2 bedrooms, 1 bathroom, 693 square feet with garage below] Don't miss this exceptional opportunity to transform a fixer-upper into your dream investment property! Reach out today to arrange a viewing or for further details.

Location

State CA

County Lake

Area Lcluc - Lucerne

Zoning CH

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry None

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Fishing,Golf,Hiking,Lake,Mountainous,Water Sports

View Y/N Yes

View Lake

Building

Lot Description Level

Dwelling Type Duplex

Story 2

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Upper Lake Union

Others

Acceptable Financing Cash,Cal Vet Loan,FHA,Owner May Carry,VA Loan

Listing Terms Cash,Cal Vet Loan,FHA,Owner May Carry,VA Loan

Special Listing Condition Standard