Two-Story Duplex with Fenced
For Sale
$335,000
6494 17th Ave #A & B, Lucerne, CA 95458
The property includes a landscaped outdoor area with mature trees and is near a public park and lake views.
Property Size1,394 SF
Price / SF$240.32
Days on Market104
Property Features for 6494 17th Ave #A & B
General Information
Standard status
Active
Size
1,394 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
fenced yard
Building Details
Year Built
1970
Buildings
1
Stories
2
Listing Agency:
Cloverdale Realty
Listed By:
Debbie Andrew
(707) 489-9009
Source:
Somorealty
Added: Jul 24
Changed: Nov 3
Last Checked: Nov 4 at 6:54AM
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 Cloverdale Realty
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Investment Insights
Based on property information with market context.
This two-story duplex contains 1,394 square feet and was built in 1970. Its outdoor area is fenced and includes mature trees.
A public park is nearby, with close views of the lake from the property’s rear-facing yard.
A public park is nearby, with close views of the lake from the property’s rear-facing yard.
Key Highlights
- Two‑story duplex with 1,394 square feet
- Built in 1970
- Fenced rear yard with mature trees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,934
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,680
$238.7K
Cap Rate 7%
$170,486
$170.5K
Cap Rate 9%
$132,600
$132.6K
Market Conditions
NOI Build-Up for 1,394 SF
Gross rent
$17.9K $12.84/SF
− Vacancy
−$850 −$0.61/SF
EGI
$17.0K $12.23/SF
− OpEx
−$5.1K −$3.67/SF
NOI
$11.9K $8.56/SF
Area
Lake County, CA
Vacancy
4.75%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,680
Cap Rate 7%
$170,486
Cap Rate 9%
$132,600
Alternative Uses
Best Use
Multifamily LT 5
$170.5K
$149.2K – $198.9K
NOI $11,934 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$157.3K
$137.7K – $183.6K
NOI $11,013 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$559.5K
$489.6K – $652.7K
NOI $39,164 @ 7.0% cap · market cap 11.69%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
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Business Placement
Demographics for 95458, CA
3,394
Population
2,113
Households
1.6
Avg Household Size
47
Median Age
7%
College-Educated
92%
High-School Grad
34.9 sq mi
ZIP Area
97
Density / Sq Mi
$49,004
Median Household Income
$32,419
Median Earnings
$1,368
Median Rent
$237,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a landscaped outdoor area with mature trees and is near a public park and lake views.
Where is this duplex located?
The property is located at 6494 17th Ave #A & B Lucerne, CA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑story duplex with 1,394 square feet; Built in 1970; Fenced rear yard with mature trees
