6055 Ca-20 Lucerne, CA 95458
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.