13955 Lakeshore Dr
Property Overview
Just Listed — 13955 Lakeshore Dr, Clearlake, CA 95422 A fantastic lakefront investment with a cap rate over 10%: 10 units — five 2-bedroom/1-bath, two 1-bedroom/1-bath, and three studios — including a private dock on the lake, an office, and an owner storage area, across 7,000 sq ft of building space with 10 parking spaces. This is scale and diversity in a single offering. The unit mix spans spacious two-bedrooms to efficient studios, broadening the tenant base, while each unit is individually metered and the owner pays water, trash, sewer, and storage — an operations setup that keeps management straightforward. Much of the capital work is already behind you: most units have been recently renovated, with new windows and freshly painted interiors and exteriors. The property also sits in a designated Opportunity Zone, offering potential tax benefits for investors, and is close to stores, shops, and public transportation. Double-digit returns, multi-unit income, and a lakefront location — a combination investors rarely see in one offering.
Home Details
- Property type
- Residential Income
- Year built
- 1955
- Lot size
- 20,473 sq ft
- Parking
- 10 spaces
- Days on market
- 0
- MLS status
- Active
Community, Schools & Utilities
Community
- Subdivision
- Other
Utilities
- Heating
- SeeRemarks,WallFurnace
- Cooling
- SeeRemarks
Location & Neighborhood
Frequently Asked Questions About 13955 Lakeshore Dr
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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