NOT LISTED FOR SALE

12534 Oak St Clearlake Oaks, CA 95423

3 Beds
2 Baths
2,122 Sq Ft
7,016 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $305,000 $144 Per Sq Ft

Highlights

  • Golf Course Community
  • Fishing
  • Community Lake
  • Community Stables
  • View of Hills
  • Property is near public transit

About This Home

As of January 2023

Unique fixer upper Tri-plex that could easily be converted into a quadplex. Owner has started the work most of the heavy lifting is complete. Top two units are bringing in steady monthly income. Bottom two units need to be completed to maximize this properties potential. Located close to shopping, dining, public parks, boat launch, schools and more. Sound investment for a savvy investor.

Last Agent to Sell the Property

August Schmitt

August Schmitt Realty Solutions License #01988680 Listed on: 01/07/2023

Last Buyer's Agent

August Schmitt

August Schmitt Realty Solutions License #01988680 Listed on: 01/07/2023

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 7,016 Sq Ft Lot
  • No Common Walls
  • Rural Setting
  • Back and Front Yard

Parking

  • 2 Car Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Triplex

Interior Spaces

  • 3 Bedrooms
  • 2,122 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Workshop
  • Laundry Room

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 23 / 106
  • Assessor Parcel Number 035152400000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units
  • Community Lake
  • Near a National Forest
  • Military Land
  • Foothills
  • Mountainous Community
  • Property is near a preserve or public land
  • Property is near a ravine

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Water Sports
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,000
  • Professional Management Expense $600
  • Trash Expense $1,200
  • Water Sewer Expense $600
  • Operating Expense $6,400
  • Gross Income $35,000
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Price Per Unit: 101667
  • Professional Management Expense: 600.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: R2
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 035152400000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 143.73
  • Room Type: Kitchen, Laundry, Living Room, Workshop

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Lake, Horse Trails, Park, Hunting, Watersports, Military Land, Mountainous, Preserve/Public Land, Ravine, Stable(s), Rural, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit
  • Lot Size Sq Ft: 7016.00
  • Lot Size Acres: 0.1611

Multi Family

  • Gross Income: 35000.00
  • Gross Scheduled Income: 35000.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 7016.0000 Square Feet
  • Net Operating Income: 28800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6200.00
  • Rent Control: No
  • Total Expenses: 6400.00

Tax Info

  • Tax Block: 106
  • Tax Census Tract: 6.00
  • Tax Lot: 23

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $305,000 0.0% $144 / Sq Ft
01/07/2023 01/07/23 For Sale $305,000 +84.8% $144 / Sq Ft
07/13/2018 07/13/18 Sold $165,000 -13.2% $78 / Sq Ft
05/14/2018 05/14/18 For Sale $189,995 +15.1% $90 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
04/27/2018 04/27/18 Off Market $165,000 -- --
03/04/2018 03/04/18 Price Changed $189,995 -7.3% $90 / Sq Ft
02/25/2018 02/25/18 Price Changed $205,000 -2.4% $97 / Sq Ft
02/09/2018 02/09/18 For Sale $210,000 -- $99 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC23003502

California Regional Multiple Listing Service (CRMLS)

APN: 035-152-40