NOT LISTED FOR SALE

3317 E State Hwy 20 Nice, CA 95464

-- Bed
-- Bath
10,000 Sq Ft
0.97 Acres

Last Sold October 26, 2022

Last sale price $600,000 $60 Per Sq Ft

160 Days on Market

Highlights

  • Lake Front
  • 0.97 Acre Lot
  • Property is near public transit
  • Fishing
  • Community Lake
  • Hiking Trails

About This Home

As of October 2022

LAKE COUNTY MULTI FAMILY INVESTMENT PROPERTY. This established mobile home park offers 22 RV/Mobile home sites and an additional LAKE FRONT home. The north side of the park has direct access to Hwy 20 and is just minutes away from downtown Nice. The south side of the park is accessed from Lakeshore Blvd and is directly across the street from beautiful Clear Lake. The purchase of this property includes 17 units, which are currently sub-metered for electricity and the monthly cost is added to the tenants rent. An additional home is directly on the lakes edge and has an unobstructed view of Mt. Konocti across the water. Currently this home is being used by the property manager but, because this sit across the street from the park, it can be used as a personal oasis for you and your family to enjoy! This affordable mobile home park is priced to sell and ready for some TLC to bring it back to its full potential.

Last Agent to Sell the Property

Jim Magliulo

Country Air Properties License #01852966 Listed on: 05/13/2022

Last Buyer's Agent

Jim Magliulo

Country Air Properties License #01852966 Listed on: 05/13/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.97 Acre Lot
  • Lake Front
  • Property fronts a highway
  • No Common Walls
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • 10,000 Sq Ft Home

Additional Features

  • Property is near public transit
  • Propane

Listing and Financial Details

  • Tax Lot 74A
  • Assessor Parcel Number 032243010000
  • $4,008 per year additional tax assessments

Community Details

Overview

  • 23 Buildings
  • 23 Units
  • Community Lake

Recreation

  • Fishing
  • Water Sports
  • Hiking Trails

Building Details

  • Rent Control
  • 23 Separate Electric Meters
  • Gross Income $106,000
  • Net Operating Income $35,551

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Price Per Unit: 28261
  • Property Attached: No
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Zoning: CR
  • Property Type: Residential Income
  • Parcel Number: 032243010000
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 60.00

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Fishing, Hiking, Lake, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level with Street, Near Public Transit
  • Lot Size Sq Ft: 42406.00
  • Lot Size Acres: 0.9735

Multi Family

  • Average Studio Area: 500 Square Feet
  • Gross Income: 106000.00
  • Gross Scheduled Income: 106000.00
  • Lot Size Area: 42406.0000 Square Feet
  • Net Operating Income: 35551.00
  • Number Of Separate Electric Meters: 23
  • Number Of Units Total: 23
  • Operating Expense: 70449.00
  • Rent Control: Yes
  • Waterfront Features: Lake Front

Tax Info

  • Tax Census Tract: 5.02
  • Tax Lot: 74A
  • TaxOtherAnnualAssessmentAmount: 4008.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
10/26/2022 10/26/22 Sold $600,000 -7.7% $60 / Sq Ft
09/29/2022 09/29/22 Price Changed $650,000 -7.1% $65 / Sq Ft
05/13/2022 05/13/22 For Sale $700,000 -- $70 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jim Magliulo

    Country Air Properties

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC22100951

California Regional Multiple Listing Service (CRMLS)

California Lake County Nice 95464

3317 E State Hwy 20, Nice, CA

This home is located at 3317 E State Hwy 20, Nice, CA 95464 since 13 May 2022. This property was built in 1961. 3317 E State Hwy 20 is a home located in Lake County with nearby schools including Upper Lake Middle School, Upper Lake High School, and Westlake Seventh-day Adventist School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes