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Real Estate and Homes   USA   CA   Clearlake Area   Lucerne   Other Real Estate   2 BR -

6040 E Highway 20 | Lucerne CA | 7260021051

Brian Dombroski

This listing was posted on RealtyWW.

$275,000

Property For Sale In Lucerne, California

Price:
$275,000
BR/BA:
2 BR, 1 BA
Location:
6040 E Highway 20, Lucerne, CA
Description:

Explore the potential of this duplex fixer-upper nestled in the serene community of Lucerne, CA. Positioned across from Clearlake, this property offers a remarkable opportunity for renovation and value enhancement. With a generous courtyard nestled between the buildings, this property provides an ideal setting for a co-living space or a value-add conversion project. Features: Convenient Location: Situated on E Hwy 20, offering easy access to local amenities and recreational opportunities around Clearlake. Duplex Layout: Comprising two distinct living units within one property, providing flexibility for rental income or shared living arrangements. Outdoor Space: A spacious courtyard between the buildings, ideal for relaxation, gatherings, or potential outdoor amenities post-renovation. Proximity to Clearlake: Directly facing Clearlake, providing residents with access to water activities, breathtaking views, and a serene atmosphere. Renovation Potential: An excellent opportunity for renovation enthusiasts to rejuvenate the existing structure and increase the property's value. Fixer-Upper Status: Requires renovation and repairs, allowing buyers to tailor and modernize according to their preferences. Financing Option Available: Explore the possibility of owner financing with a substantial down payment, providing an alternative avenue for qualified buyers to secure ownership. Lucrative Investment: Perfect for investors or buyers seeking a rewarding project in Lucerne's dynamic real estate market. Future RUBS (Ratio Utility Billing System) addition is being bid to add value add individual utility metering. Garage Conversions: Potential for adding two more units, with additional water meter construction also enabling a second water source for additional units in the taller building with lake views. Unit Details: Unit 1: [2 bedrooms, 1 bathroom, 748 square feet] Unit 2: [2 bedrooms, 1 bathroom, 693 square feet with garage below] Don't miss this exceptional opportunity to transform a fixer-upper into your dream investment property! Reach out today to arrange a viewing or for further details.For more details: https://realtyww.info/all-others-real-estate_1_lucerne-d529646/for-sale_i71434340
Property Type:
Other Housing for Sale
Sq feet:
693 sq. ft.
Amenities:
Parking
Posted:
May 4 on RealtyWW
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More About this Listing: Property For Sale In Lucerne, California
Property For Sale In Lucerne, California is a Two Bedroom One Bath Other Real Estate for Sale at 6040 E Highway 20 in Lucerne CA. Find other listings like Property For Sale In Lucerne, California and listings near 6040 E Highway 20 by searching Oodle Classifieds for Two Bedroom One Bath Other Real Estate for Sale in Lucerne CA.