6055 Ca-20Lucerne, CA 95458

Property Details for 6055 Ca-20

Year built

2005

Lot size

0.34 AC

Property size (Sq ft)

4,068 SF

Property type

Residential income homes

Description

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.

Location Insight

City

Lucerne

County

Lake

State

California

Latitude

39.0929

Longitude

-122.799

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