NOT LISTED FOR SALE

3978 Cedar Ave Clearlake, CA 95422

5 Beds
3 Baths
3,000 Sq Ft
0.41 Acres

Last Sold June 30, 2016

Last sale price $150,000 $50 Per Sq Ft

75 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Galley Kitchen
  • Lake View
  • Hunting
  • Cooling Available

About This Home

As of June 2016

What a great opportunity to own an income producing property with a great net income.. The duplex is two levels (1 unit upstairs and the other ground level) and each is 2 bedrooms and 1 bathroom. The third unit is a separate bungalow with 1 bedroom and 1 bath. These units are close to town and public transportation.

Last Agent to Sell the Property

Steven Shields

Realty World-David R Hughes & Associates License #01136838 Listed on: 02/18/2016

Realty World-David R Hughes & Associates

Last Buyer's Agent

Steven Shields

Realty World-David R Hughes & Associates License #01136838 Listed on: 02/18/2016

Realty World-David R Hughes & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.41 Acre Lot
  • 1 Common Wall
  • Back Yard

Property Views

  • Lake
  • Hills
  • Neighborhood

Home Design

  • Property Attached
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Tile Flooring

Kitchen

  • Galley Kitchen
  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Assigned Parking

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts in Kitchen
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 0394036500

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Foothills

Recreation

  • Marina
  • Hunting

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters
  • Trash Expense $1,000
  • Water Sewer Expense $500
  • Gross Income $2,100
  • Net Operating Income $23,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Inclusions: As is
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Unpaved
  • View: Yes
  • Water Sewer Expenses: 500.00
  • Property Type: Residential Income
  • Parcel Number: 0394036500
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 2
  • Entry Location: Ground Level With Steps,Ground Level No Steps,Top Level
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 50.00
  • Room Type: Galley Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • View: Hills, Lake, Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Appliances: Electric Oven, Electric Cooktop, Electric Water Heater
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Electric
  • Trash Expense: 1000.00
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Foothills, Hunting, Suburban

Lot Info

  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Near Public Transit
  • Lot Size Sq Ft: 17954.00
  • Price Per Lot Square Foot: 8.35
  • Lot Size Acres: 0.4120

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Gross Income: 2100.00
  • Gross Scheduled Income: 25200.00
  • Lot Size Area: 17954.0000 Square Feet
  • Net Operating Income: 23700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 1500.00
  • Rent Control: No
  • Waterfront Features: Marina in Community

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 List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $150,000 -21.1% $50 / Sq Ft
05/03/2016 05/03/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $190,000 -- $63 / 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: LC16033719

California Regional Multiple Listing Service (CRMLS)

APN: 039-403-65