Renovated Quadplex Rental
41930 Buckeye Lane Shaver Lake, CA 93664
41930 Buckeye Lane, Shaver Lake, CA, 93664
$1,075,000
For Sale
$1,075,000
Renovated four-unit quadplex with fenced yard, on-site laundry, and ample parking in Shaver Lake.
Property Size3,980 SF
Price / SF$270.10
Days on Market223
Property Features for 41930 Buckeye Lane
General Information
- Standard status
- Active
- Size
- 3,980 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1950
Listing agency
Realty Concepts, Ltd. - Fresno
(559) 999-7455
Listed by
Jennifer L. Toste · License #02101126
(559) 999-7455
Source
Exitrealty
Added: Dec 12, 2025 Updated: Jul 22 at 8:00PM Checked: Jul 22 at 8:00PM
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 Realty Concepts, Ltd. - Fresno
Investment Insights
Based on property information with market context.
This for-sale quadplex includes four renovated rental units with on-site laundry and a fenced yard. The main house is a residential unit recently converted with an open floor plan, three bedrooms, two and a half baths, and a pellet stove, plus a back porch that opens to the yard. Additional units consist of a 2BR/1BA unit with LVP floors and a recent kitchen addition, a separate getaway unit with a stainless steel kitchen and an attached bath, and a studio-style unit with a kitchenette, private bedroom, and bath. The property is sold furnished.
Located in the heart of Shaver Lake, the property is described as walkable to local shops and restaurants, with proximity to the lake and China Peak. The offering also notes zoning CM4 and references an address on 168 right by the Hungry Hut.
Parking is available for residents and guests, and each unit configuration is detailed as currently set up for residential use. A fenced yard and private outdoor space connected to the main house are included as part of the property’s current layout.
Located in the heart of Shaver Lake, the property is described as walkable to local shops and restaurants, with proximity to the lake and China Peak. The offering also notes zoning CM4 and references an address on 168 right by the Hungry Hut.
Parking is available for residents and guests, and each unit configuration is detailed as currently set up for residential use. A fenced yard and private outdoor space connected to the main house are included as part of the property’s current layout.
Key Highlights
- Four renovated rental units in Shaver Lake, built in 1950
- 3‑bedroom, 2.5‑bath main house with open floor plan, pellet stove, and private laundry
- On‑site laundry plus fenced yard and ample parking for tenants
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.2k | $20.16 |
| − Vacancy | −$5.0k | −$1.25 |
| EGI | $75.3k | $18.91 |
| − OpEx | −$22.6k | −$5.67 |
| NOI | $52.7k | $13.24 |
3,980 SF · lease $20.16/SF/yr · vacancy 6.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$752.6K
$658.5K – $878.1K
NOI $52,683 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$719.0K
$629.1K – $838.8K
NOI $50,329 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$1.13M
$987.0K – $1.32M
NOI $78,962 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Renovated four-unit quadplex with fenced yard, on-site laundry, and ample parking in Shaver Lake.
Where is this quadplex located?
The property is located at 41930 Buckeye Lane Shaver Lake, CA.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Four renovated rental units in Shaver Lake, built in 1950; 3‑bedroom, 2.5‑bath main house with open floor plan, pellet stove, and private laundry; On‑site laundry plus fenced yard and ample parking for tenants
