6055 Ca-20 Lucerne, CA 95458
- Residential income homes
- 4,068 SF
- 0.34 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 6055 Ca-20
- Year built
- 2005
- Lot size
- 0.34 lot acres
- Property size
- 4,068 SF
- Property type
- Residential income homes
Description
This exceptional multifamily investment opportunity presents a stunning two-story lakefront property in Lucerne, California. Boasting 4,068 square feet, this 2005-built home features five bedrooms and sits on a 0.34-acre lot. The property's prime location on Clear Lake offers breathtaking panoramic views, enhanced by two private lakefront decks and a swim dock. The interior is equally impressive, showcasing a gourmet kitchen with high-end appliances and soaring ceilings. Currently configured for short-term rentals, this property demonstrates significant income potential, with a net operating income (NOI) of $210,980 and a compelling 14.06% capitalization rate. The property is zoned CR and has an APN of 034-111-020-000. This lucrative investment presents a rare blend of luxury living and high-yield returns, making it an ideal addition to any portfolio. The property's history as a successful short-term rental further underscores its potential for continued strong performance. This is a turnkey opportunity to acquire a high-performing asset in a desirable location. The property's size, amenities, and location combine to create a truly unique investment opportunity. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lucerne
- County
- Lake
- State
- California
- Longitude
- -122.799
- Latitude
- 39.0929
