$52,000
$64,750
19.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,152 SqFt
SOLD DATE : 04/30/2020
Key Details
Sold Price $52,000
Property Type Manufactured Home
Sub Type Manufactured On Land
Listing Status Sold
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $45
MLS Listing ID LC20066349
Sold Date 04/30/20
Bedrooms 2
Full Baths 2
Construction Status Fixer,Repairs Cosmetic
HOA Y/N No
Year Built 1985
Lot Size 4,791 Sqft
Acres 0.11
Property Description
FIX&FLIP opportunity, or amazing opportunity to own a home for less than the cost of renting, or for an investor to get an unbeatable projected cap rate of 11%. Tenant paying $850/month, projected market rent is $900/mo. Home has been rented out consistently by same owner, with positive cash flow for over 11 years. The home needs a few repairs, but overall is in better good condition. 2 bedroom 2 bathroom with generous sized living and dining rooms, built-in china cabinet, well planned kitchen, soaking tub in the master bathroom, on a paved road, in a section of homes that all seem to show pride of ownership. Fenced lot, gated paved driveway. Near enough to stores, hospital, library, etc., but far enough down the paved road to feel like you're on vacation all the time. Beautiful pastoral view of "Mt. Baldie" across the peaceful street, minutes to Clear Lake, the largest natural Lake entirely in California, and only about 2 hrs. from the Bay Area. This would be a great weekend home for the city dweller, public boat launch only minutes away, and Lake County is the up and coming Wine grape and tasting destination. If you're weary of germs and city living, come to beautiful Clearlake, one of the most naturally beautiful places in Northern California.
Location
State CA
County Lake
Area Lccp - Clearlake Park
Rooms
Main Level Bedrooms 2
Ensuite Laundry Laundry Room
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Master
Laundry Location Laundry Room
Cooling Evaporative Cooling
Fireplaces Type None
Fireplace No
Appliance Built-In Range, Dishwasher, Electric Range, Refrigerator
Laundry Laundry Room
Exterior
Garage Driveway, Gated, Paved
Fence Average Condition
Pool None
Community Features Foothills, Golf, Hiking, Lake, Mountainous, Park, Rural, Fishing, Marina
Utilities Available Water Connected
View Y/N Yes
View Meadow, Mountain(s)
Porch Covered, Enclosed, Porch, Screened
Parking Type Driveway, Gated, Paved
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard, Level, Street Level, Yard
Story One
Entry Level One
Sewer Septic Type Unknown
Water Public
Level or Stories One
New Construction No
Construction Status Fixer,Repairs Cosmetic
Schools
School District Konocti Unified
Others
Senior Community No
Tax ID 038185250000
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Angela Acord • Premier Agent Network Inc.
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