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Property profile & analytics
OFF-MARKET
Turn key restaurants

6278 Hwy 20 Lucerne, CA 95458

2,080 SF 0.18 ac lot Built 1948
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US10-3033422
Property summary
AI-generated overview

This exceptional mixed-use property, located at 6278 E Highway 20 in Lucerne, California, presents a unique investment opportunity. The property boasts a substantial 2,100 square foot commercial building ideally suited for a variety of businesses, coupled with an attached residential home. This combination offers unparalleled convenience, allowing for owner-occupancy or the potential for rental income from both the commercial space and the residence. Situated on a generous 0.18-acre corner lot, the property benefits from high visibility and accessibility, directly fronting Highway 20, ensuring significant traffic exposure. This prime location is perfect for attracting customers and maximizing business potential. The commercial building's ample square footage provides flexibility for various business ventures, while the attached home offers comfortable living quarters. The asking price of $375,000 reflects a compelling value proposition for a property with such significant potential. This is a rare opportunity to acquire a turnkey commercial property with residential amenities in a high-traffic location. Don't miss out on this chance to establish your business and secure a valuable asset in a desirable area. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction WOOD
Total area 2,080 SF
Lot 0.18 ac (7,840 SF)
Zoning code C2
APN 034-171-400-000
UPID US10-3033422
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
Yvonne Cox · 6 yrs held
Yvonne Cox
since 2020
7 recorded transactions
2020
$235,000
2003
$142,500
1990
Price N/A
1981
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C2 · Lucerne, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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