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Property profile & analytics
OFF-MARKET
Office buildings

4590 Frye Ave Clearlake, CA 95422

799 SF 0.12 ac lot Built 1965
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US09-3124546
Property summary
AI-generated overview

This exceptional investment opportunity presents two Class C mixed-use buildings totaling 2,000 square feet of net rentable space, situated on a high-visibility corner lot in Clearlake, California. The property, located at 4590 Frye Ave, Clearlake, CA 95422 (APN: 040-235-040 and 040-235-030), boasts a prime location at the intersection of Lakeshore Drive and Highway 53, ensuring significant exposure to high traffic volume. Built in 1966, this single-story complex features two units currently occupied by a thrift shop and an office, both on month-to-month leases and expressing interest in remaining. The sale includes ample parking both in front and behind the buildings, thanks to an additional parcel. The property is zoned C2 and benefits from its proximity to various amenities, including stores, shops, restaurants, gas stations, and public transportation. This owner/user investment opportunity is priced at $269,000 and offers a strong potential for immediate income and future appreciation. The property's strategic location and existing tenancy make it an attractive proposition for investors seeking a stable, cash-flowing asset in a thriving community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 799 SF
Lot 0.12 ac (5,227 SF)
APN 040-235-040-000
UPID US09-3124546
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Uyan Yigit
Uyan Yigit
since 2025
Last sale
$225,000
7 recorded transactions
2025
$225,000
2024
Price N/A
2018
Price N/A
2018
Price N/A
2015
$30,000
2005
Price N/A
1984
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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