6040 East Highway 20
6040 East Highway 20
$275,000
3
2
751
751
$366
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....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.
Property Details for 6040 East Highway 20
View
Lake
Parking Spaces Total2
Private PoolNo
Cooling TypeWall/Window
Total Units2.0
Building TypeDetached
Lot Size SourceAssessor
Living Area751
Location
LISTING UPDATED: 05/05/2024 06:43 AM
Property Details for 6040 East Highway 20
Status | Active |
---|---|
MLS # | FR24087644 |
Days on Compass | 19 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1956 |
Lot Size | 0.09 AC / 3,920 SF |
County | Lake County |
Location
Building Information for 6040 East Highway 20
Stories2Residences-Year Built1956Building Size-Lot Size0.09 AC / 3,920 SF
Payment Calculator
$1,693 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 6040 East Highway 20
Property History for 6040 East Highway 20
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 6040 East Highway 20
Taxable ValueLand$40,800Additions$163,200Total$204,000
Tax Record2023$2,307 ($192 / month)
Home Facts
Total Finished SqFt751 SqFtAbove Grade Finished SqFt751 SqFtStories1Lot Size3,920 SqFtStyleMulti-Family Dwelling (2-4)Year Built1956ZoningCHCountyLAKEAPN034-082-170-000
Schools near 6040 East Highway 20
This home is within Lucerne Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 |
Rating | School | Distance |
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Lucerne Elementary School PublicK to 8 |
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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