6014 East Highway 20 Lucerne, CA 95458

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$175,000 Estimated monthly payments: $890/mo.* (recalculate)
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Courtesy Of Timothy Toye & Associates

Property Description


Multi-Family (2-4 Units)

COMMERCIAL/RESIDENTIAL HWY 20 LANDMARK BUILDING 2 storefronts, 3 apartments, 4046 sf m/l, across the road from the lovely county lakefront park with fabulous lake views. Great business visibility to attract customers. All rented except for one unit. Adjacent property also for sale, for additional parking if you want it. Seller finance on $40,000 down, 5%APR, $1757 month, 5 yrs. Returns $2,375 monthly for over 16% annual return, showing $1,064 positive cashflow exclusive of principal reduction. Amazing opportunity, even greater potential.
MLS #:  LC12035777

Features



  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Roof Type: Unknown
  • View Type: Lake

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Copyright 2014 Lake County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schools for
6014 East Highway 20, Lucerne, CA 95458
Elementary School
Grades K-8 | Public School
LUCERNE, CA 95458
3351 COUNTRY CLUB DR
707-274-5578
Distance: 1.0 mi
GreatSchools Rating
3
Parent Rating
0
Student:Teacher Ratio
16:1
Total Students
247
Middle School
Grades K-8 | Public School
LUCERNE, CA 95458
3351 COUNTRY CLUB DR
707-274-5578
Distance: 1.0 mi
GreatSchools Rating
3
Parent Rating
0
Student:Teacher Ratio
16:1
Total Students
247
High School
Grades 9-12 | Public School
UPPER LAKE, CA 95485
675 CLOVER VALLEY RD
707-275-2338
Distance: 7.4 mi
GreatSchools Rating
3
Parent Rating
3
Student:Teacher Ratio
17:1
Total Students
343
Demographic Data for Lucerne, CA 95458
  • Median Age: 48.22
  • Married: 39%
  • Number of Households: 1223
  • Households with Children: 194
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Lucerne, CA 95458

      Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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      707.­994.7100
      | 9960 Highway 53
      | Lower Lake, CA 95457
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      * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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