Address
3885 Alvita Avenue Clearlake, CA
Price
$ 615,000
Property Attributes
  • MLS#LC21161701
  • TypeIncome
  • CountyLAKE
  • CityClearlake
  • AreaClearlake West
  • Zip95422
  • Style
  • Price$ 615,000
  • Bedrooms9
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage4200
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
August Schmitt with August Schmitt Realty Solutions - 707-799-0443
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Are you looking for a steady reliable revenue stream? Then this income producing property could be the opportunity you are seeking. A total of 7 rental units. Each unit has been well-maintained with their own storage space. Stable tenancy with long term tenants on month to month leases. If handled correctly this property would pay itself off free and clear in 10 years or less. Thereby giving the owner substantal profits. Property is close to the lake, shops, schools, and restaurants. All units pay their own electric. Water is paid by owner. Property is .5 acres of level ground with ample tenant parking. On-site laundry and storage building

Price History
7/23/2021 Listed $615,000

General Features

Appliances Washer
Community Features Biking, Curbs, Dog Park, Foothills, Fishing, Golf, Gutter(s), Hiking, Horse Trails, Stable(s), Hunting, Lake, Military Land, Mountainous, Near National Forest, Preserve/Public Land, Rural, Ravine, Storm Drain(s)
Heating Wall Furnace
Listing Agent August Schmitt - BRE#01988680
Listing Agent State License 01988680
Lot Size Square Feet 21780
MLS Area LCCLW - Clearlake West
Pool Features None
Property Type Residential Income
Senior Community Y/N No
Sewer Public Sewer
Special Listing Conditions Standard
Status Active
Terms Cash, Conventional, Owner Will Carry
Total Units 7
Water Sewer Expense 800

Interior Features

Common Walls No Common Walls
Heating Y/N Yes
Laundry Features Common Area, Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room

Exterior Features

Horse Amenities Riding Trail
Lot Features Back Yard, Corner Lot, Front Yard, Near Park, Near Public Transit, Yard
Lot Size Acres 0.5
Lot Size Area 21780
Lot Size Source Assessor
Lot Size Units Square Feet
Number of Buildings 8
Number of Separate Electric Meters 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 95422

Price
AVG $480K
$620K
Visits
AVG 63
47
Year Built
AVG 1952
1940
Walkscore
AVG 37
58
Data Provided by Walkscore ® not using MLS data

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