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Property profile & analytics
OFF-MARKET
Residential income homes

6055 Ca-20 Lucerne, CA 95458

4,068 SF 0.34 ac lot Built 2005
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Residential income homes
Year built 2005
Total area 4,068 SF
Lot 0.34 ac (14,810 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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