NOT LISTED FOR SALE

14040 Lakeshore Dr Clear Lake, CA 95422

Studio
-- Bath
3,000 Sq Ft
10,890 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $450,000 $150 Per Sq Ft

19 Days on Market

Highlights

  • Fishing
  • Corner Lot
  • Wood Fence
  • Community Lake
  • Hiking Trails
  • 4-minute walk to Austin Park

About This Home

As of March 2021

Residential Income Property: 8 units. 7 have been renovated and one is in process. At the time of this listing all 7 renovated units were rented. The 8 units sit on this .33 ac., 2 parcel property on high traffic Lakeshore Dr. Close to stores, shops and public transportation. Current owner my be willing to carry. Contact listing agent for a complete brochure on this income property.

Last Agent to Sell the Property

Jim Magliulo

Country Air Properties License #01852966 Listed on: 01/25/2021

Last Buyer's Agent

'Pi' Kimberly Stryker

Timothy Toye and Associates License #02052594

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Density is 6-10 Units/Acre
  • 03909402

Home Design

  • 3,000 Sq Ft Home
  • Property Attached
  • Composition Roof

Parking

  • Parking Available
  • Gravel Driveway
  • Unpaved Parking

Listing and Financial Details

  • Assessor Parcel Number 03909401

Community Details

Overview

  • 6 Buildings
  • 8 Units
  • Community Lake
  • Foothills

Recreation

  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • Rent Control
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Professional Management Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • New Taxes Expense $1
  • Operating Expense $1
  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0.25 Acres

Listing Details

  • Professional Management Expense: 1.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1.00
  • Property Type: Residential Income
  • Parcel Number: 03909401
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 150.00

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Gravel, Unpaved

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Foothills, Hiking, Lake, Park, Hunting, Watersports

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 03909402
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Corner Lot, Level with Street, Lot 10000-19999 Sqft, Level
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 1.00
  • Gross Scheduled Income: 1.00
  • Insurance Expense: 1.00
  • Lot Size Area: 10890.0000 Square Feet
  • Net Operating Income: 1.00
  • Number Of Units Total: 8
  • Operating Expense: 1.00
  • Rent Control: Yes
  • Total Expenses: 1.00

Tax Info

  • New Taxes Expense: 1.00
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $450,000 -3.2% $150 / Sq Ft
01/25/2021 01/25/21 For Sale $465,000 +165.7% $155 / Sq Ft
08/12/2013 08/12/13 Sold $175,000 0.0% -- View Prior Sale
08/12/2013 08/12/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $175,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,606 $378,849 $27,060 $351,789
2024 $4,551 $371,422 $26,530 $344,892
2023 $4,494 $364,140 $26,010 $338,130
2022 $4,267 $357,000 $25,500 $331,500
2021 $2,609 $198,183 $84,935 $113,248
2020 $2,951 $196,152 $84,065 $112,087
2019 $2,765 $192,307 $82,417 $109,890
2018 $2,506 $188,537 $80,801 $107,736
2017 $2,391 $184,841 $79,217 $105,624
2016 $2,147 $181,217 $77,664 $103,553
2015 $2,110 $178,496 $76,498 $101,998
2014 $2,069 $175,000 $75,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC21015529

California Regional Multiple Listing Service (CRMLS)
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