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15-Unit Multifamily Property
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3871-3901 Country Club Dr, Clearlake, CA 95422

Multifamily asset across three lots with updated electrical panels and air-conditioning systems.

Property SizeContact for details
Lot Size1.23 Acres
Days on Market6

Property Features for 3871-3901 Country Club Dr

General Information

Standard status Active
Lot size 1.23 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 15
Listing Agency: The Corcoran Group
Listed By: Rachna Gandhi · License #0204779
Source: Crexi
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 21 at 5:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Corcoran Group

Investment Insights

Based on property information with market context.

This 15-unit multifamily property occupies 1.23 acres divided among three separate lots. The unit mix is varied, with several residences already renovated and most others retaining their original, maintained condition. New electrical panels have been installed throughout, and every air-conditioning unit was replaced within the last 10 years.

The property is located at 3871-3901 Country Club Dr in Clear Lake, California. It provides existing cash flow along with a combination of completed capital work and additional interior renovation potential. The substantial land component and multiple parcels are notable physical characteristics of the asset.

Key Highlights

  • 15 units on a 1.23‑acre site
  • Three separate lots at 3871‑3901 Country Dr
  • New electrical panels installed throughout

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Plumbing Service Kitchen & Bath Showroom Carpet & Flooring Store (Bike/Boat/Book/etc) Store Restaurant

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

36
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily asset across three lots with updated electrical panels and air-conditioning systems.
Where is this apartment building located?
The property is located at 3871-3901 Country Club Dr Clearlake, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 15 units on a 1.23‑acre site; Three separate lots at 3871‑3901 Country Dr; New electrical panels installed throughout
(650) 339-6818 Call to check price and availability
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