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Three-Unit Apartment with Carport Parking
For Sale
$449,000

14840 Valley, Clearlake, CA 95422

MULTI_FAMILY - Clearlake, CA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market258

Property Features for 14840 Valley

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3
Parking 5
Parking features Carport
Lot features Corner Lot, 0-1 Unit/ Acre, Gentle Sloping
Directions Old Hwy 53 to Hillcrest to Lasky to Valley Ave
Subdivision LCCLW - Clearlake West
Standard status Active
APN 040212150000
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s)
Water source Public

Building Details

Year built 1959
Floors in Building 2
Number of units 3
Roof type Composition
Listing Agency: Country Air Properties
Listed By: James Magliulo · License #01852966
Added: Dec 4, 2025 Changed: Aug 18 Last Checked: Aug 19 at 2:06PM
MLS# LC25277270

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Well-maintained three-unit apartment property featuring a unit mix that includes one two-bedroom residence (Unit A), one one-bedroom unit (Unit B), and one studio (Unit C). Each unit has been updated and is in very good condition. The property is currently rented with one-year lease tenancies, and tenants occupy all three units. Utilities are separately metered for both water and electricity, with tenants responsible for their own utilities.

The property includes covered carport parking that serves Units B and C. Additional physical details include public water, public sewer, a composition roof, and window or wall/window unit cooling. The property was built in 1959 and sits on a 0.13-acre lot.

Showings require advance notice due to tenant occupancy.

Key Highlights

  • Two‑bedroom (Unit A), one‑bedroom (Unit B), and studio (Unit C) unit mix
  • All three units on one‑year lease tenancies with tenants in place
  • Separately metered water and electricity for each unit; tenants pay utilities

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Kitchen & Bath Showroom Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

544
Businesses Nearby

Demographics for 95422, CA

17,017
Population
7,890
Households
2.2
Avg Household Size
38
Median Age
8%
College-Educated
80%
High-School Grad
26.9 sq mi
ZIP Area
633
Density / Sq Mi
$42,080
Median Household Income
$28,945
Median Earnings
$1,162
Median Rent
$206,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three well-maintained units with updated interiors and separately metered water and electricity; covered carport parking for select units.
Where is this triplex located?
The property is located at 14840 Valley Clearlake, CA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑bedroom (Unit A), one‑bedroom (Unit B), and studio (Unit C) unit mix; All three units on one‑year lease tenancies with tenants in place; Separately metered water and electricity for each unit; tenants pay utilities
More about this property
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