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Two-Garage Duplex
For Sale
$350,000

8294 N Heights, Kelseyville, CA 95451

Kelseyville, CA

Property Size1,800 SF
Lot Size0.18 Acres
Price / SF$194.44
Days on Market316

Property Features for 8294 N Heights

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Laundry Room, Bedroom 4, Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3
Parking 2
Lot features Treed Lot, 0-1 Unit/ Acre
Elementary school district Kelseyville Unified
Middle school district Kelseyville Unified
High school district Kelseyville Unified
Directions Rivera West to N. Heights Dr
Subdivision LCRW - Riviera West
Standard status Active
APN 045083090000
Size 1,800 SF
Lot size 0.18 Acres

Taxes and HOA fees

HOA Fee $435 Annually

Utilities

Cooling system Central Air
Water source Public

Building Details

Year built 1985
Floors in Building 2
Number of units 2
Listing Agency: Century 21 Epic · Century 21 Real Estate
Listed By: David Lucido · License #02053274
Added: Nov 25, 2025 Changed: Oct 6 Last Checked: Oct 7 at 6:06AM
MLS# LC25266229

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.

This duplex contains two 900-square-foot residences, each arranged with two bedrooms, one and one-half bathrooms, and a one-car garage. Central air serves the property, while public water supports both units. Unit B is ready for occupancy, and Unit A is receiving new flooring along with select kitchen appliance replacements. A new roof was installed in 2024.

Built in 1985 on a 0.18-acre parcel, the property is located in the Kelseyville Riviera West Subdivision in Kelseyville, California. The combined building area is 1,800 square feet, providing a two-unit configuration with separate garage space for each residence.

Key Highlights

  • Two 900‑square‑foot units with two bedrooms and one and one‑half bathrooms each
  • Each residence includes a one‑car garage
  • New roof installed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,410
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,200 $308.2K
Cap Rate 7%
$220,143 $220.1K
Cap Rate 9%
$171,222 $171.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$23.1K $12.84/SF
− Vacancy
−$1.1K −$0.61/SF
EGI
$22.0K $12.23/SF
− OpEx
−$6.6K −$3.67/SF
NOI
$15.4K $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%
$308,200
Cap Rate 7%
$220,143
Cap Rate 9%
$171,222

Alternative Uses

Best Use
Multifamily LT 5
$220.1K
$192.6K – $256.8K (±1% cap)
NOI $15,410 @ 7.0% cap · market cap 4.40%
Second Best
Apartment 5plus
$203.1K
$177.8K – $237.0K (±1% cap)
NOI $14,220 @ 7.0% cap · market cap 4.06%
Theoretical Best
Office A
$722.4K
$632.1K – $842.9K (±1% cap)
NOI $50,571 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Restaurant Big Box & Wholesale Store Travel Agency Bar & Pub

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

23
Businesses Nearby

Demographics for 95451, CA

11,747
Population
6,295
Households
1.9
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
92.9 sq mi
ZIP Area
126
Density / Sq Mi
$65,417
Median Household Income
$38,149
Median Earnings
$1,302
Median Rent
$340,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Two-bedroom residences feature central air, public water, and interior improvements underway in one unit.
Where is this duplex located?
The property is located at 8294 N Heights Kelseyville, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two 900‑square‑foot units with two bedrooms and one and one‑half bathrooms each; Each residence includes a one‑car garage; New roof installed in 2024
More about this property
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