For Sale
$1,195,000

6055 Ca-20Lucerne, CA 95458

Lucerne, CA Luxury Rental Portfolio

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional multifamily investment opportunity presents a stunning two-story lakefront property in Lucerne, California. Boasting 4,068 square feet, this 2005-built home features five bedrooms and sits on a 0.34-acre lot. The property's prime location on Clear Lake offers breathtaking panoramic views, enhanced by two private lakefront decks and a swim dock. The interior is equally impressive, showcasing a gourmet kitchen with high-end appliances and soaring ceilings. Currently configured for short-term rentals, this property demonstrates significant income potential, with a net operating income (NOI) of $210,980 and a compelling 14.06% capitalization rate. The property is zoned CR and has an APN of 034-111-020-000. This lucrative investment presents a rare blend of luxury living and high-yield returns, making it an ideal addition to any portfolio. The property's history as a successful short-term rental further underscores its potential for continued strong performance. This is a turnkey opportunity to acquire a high-performing asset in a desirable location. The property's size, amenities, and location combine to create a truly unique investment opportunity. Serious inquiries only.

Highlights

  • Senior Housing Investment Opportunity
  • Airbnb-Ready Units Available
  • Residential Multifamily Portfolio

Property Details for 6055 Ca-20

Property type
Residential income homes
Square Feet
4,068 SF
Year Built
2005
Stories
2
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Lucerne
County
Lake
State
California
Latitude
39.0929084
Longitude
-122.7991487
6055 Ca-20, Lucerne, California

FAQs

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6055 Ca-20
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