Lucerne Multi-Family Property
$650,000
7050 East Highway 20, Lucerne, CA 95458
For Sale
Unknown Listing Type
Active
Last Updated: 12/28/2022
5
Cap Rate
0.84 acres
Lot Area
Details:
Cap Rate: 5%
Lot Area: 0.84 acres
Occupancy: 100%
Units: 7
Year Built: 1940
Zoning: SR Suburban Reserve
Floors: 1
Description:
7 Unit Multi Family Property on almost an acre of land. Excellent investment opportunity. At the time of this listing all units were rented. The units are all one level and have ample parking. The well and two septic systems service all the units, and as per the owner, are in good condition. Sale also includes 2 lakefront lots, one with power and a pier. Both with spectacular views of the lake and mountains.
www.lakecounty.com
7 Units fully rented
2 lakefront lots
Lake and mountain views
Location

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