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    14630 Olympic Drive

    Clearlake, CA 95422
    • $425,000
    • STATUS: Active
    • ON SITE: 64 days
    • ID#: LC21030550
    $425,000
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $170
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    Looking for a great investment in the heart of Clearlake? This multi unit property has 5 stick built units that all currently bringing in rents. City said it's zoned for up to 25 multi family units. (Buyer to do due diligence and verify zoning)Units have had long term renters that have NOT been informed that property is being sold. Owner has not accessed units in many years and cannot verify everything about each unit. Owner can only approximate each unit to be approximately ~500sq ft. One unit has 2 bedrooms, others 1 bedroom. One unit has attached garage, others no garage. There is just one water meter, (owner pays water/sewer/trash) but there are 6 separate PG&E meters. Please drive by property first and arrangements can be made for serious buyers. Thank you for understanding.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
    www.teamforss.com/homes/114233379
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    14630 Olympic Drive Clearlake, CA 95422

    • Price: $425,000
    • Status: Active
    • ID#: LC21030550
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    2,500
    SQFT
    $170
    $/SQFT
    1956
    Built
    Neighborhood:
    LCCP - Clearlake Park
    County:
    Lake
    Area:
    LCCP - Clearlake Park
    Property Description
    Looking for a great investment in the heart of Clearlake? This multi unit property has 5 stick built units that all currently bringing in rents. City said it's zoned for up to 25 multi family units. (Buyer to do due diligence and verify zoning)Units have had long term renters that have NOT been informed that property is being sold. Owner has not accessed units in many years and cannot verify everything about each unit. Owner can only approximate each unit to be approximately ~500sq ft. One unit has 2 bedrooms, others 1 bedroom. One unit has attached garage, others no garage. There is just one water meter, (owner pays water/sewer/trash) but there are 6 separate PG&E meters. Please drive by property first and arrangements can be made for serious buyers. Thank you for understanding.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 6 Parking Features Gravel Parking Total 1 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View Hills View YN Yes

    Interior Features

    Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Space Heater Heating YN Yes Interior Features All Bedrooms Down

    Property Features

    Additional Parcels YN No Common Interest None Community Features FishingLake Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 2500 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashOwner May Carry Net Operating Income 0 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 0 Number Of Units Leased 5 Operating Expense 0 Property Condition Fixer Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 2500 Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 550 Water Source Public

    Listing provided courtesy of Lois Langlais of Shore Line Realty, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-19T12:43:26.903. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
     
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