NOT LISTED FOR SALE

4017 E Highway 20 Hwy Nice, CA 95464

Nice Area
4 Beds
3 Baths
6,000 Sq Ft
0.65 Acre Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $700,000 $117 Per Sq Ft

268 Days on Market

Highlights

  • Fishing
  • Community Lake
  • Hiking Trails
  • 0.65 Acre Lot
  • No HOA
  • South Facing Home

About This Home

As of December 2021

Lakefront investment property with an excellent unit mix. 9 park-owned trailers, 1 RV space, a duplex, and a lakefront home. All units are 1bd/1ba and well maintained. The property consists of two parcels - .65 acre combined and has ingress/egress from Lakeshore Blvd and East Hwy 20. The RV park has full hookups, sub-metered metered PG&E, potential common area laundry facility and is serviced by a well/special districts sewer. The 1bd/1ba - 800sf lakefront home, 4005 Lakeshore Blvd, has a boat house, a pier, a deck with picturesque views, and is serviced by special districts water/sewer. Pier is in need of repairs. Square footage is estimated and not verified.

Last Agent to Sell the Property

Alex Tannous

Alex Tannous, Broker License #01927778 Listed on: 12/01/2020

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 28,314 Sq Ft Lot
  • 1 Common Wall
  • South Facing Home
  • Lot Sloped Down
  • 03218219

Home Design

  • 6,000 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 03218220

Community Details

Overview

  • No Home Owners Association
  • 11 Buildings
  • 13 Units
  • Community Lake

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Building Details

  • 13 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $6,000
  • Professional Management Expense $750
  • Trash Expense $2,400
  • Water Sewer Expense $2,700
  • New Taxes Expense $9,600
  • Operating Expense $33,889
  • Gross Income $113,364
  • Net Operating Income $75,564

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0.65 Acres

Listing Details

  • CapRate: 9.45
  • Professional Management Expense: 750.00
  • Property Attached: Yes
  • Water Sewer Expenses: 2700.00
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 03218220
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 116.67

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking, Lake

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 03218219
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 28314.00
  • Lot Size Acres: 0.6500

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 113364.00
  • Gross Scheduled Income: 113364.00
  • Insurance Expense: 6000.00
  • Lot Size Area: 0.6500 Acres
  • Net Operating Income: 75564.00
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 13
  • Operating Expense: 37800.00
  • Rent Control: No
  • Total Expenses: 33889.00

Tax Info

  • New Taxes Expense: 9600.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,900
Interest Rate
0.0394%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
0.0537%
Mortgage Type
Seller Take Back
Source: Public Records
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$413,000 First American Title Co
$329,000 First American Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $143,900
Previous Owner $263,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $700,000 -12.4% $117 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
06/02/2021 06/02/21 Price Changed $799,000 -11.1% $133 / Sq Ft
02/23/2021 02/23/21 Price Changed $899,000 -9.6% $150 / Sq Ft
02/03/2021 02/03/21 Price Changed $995,000 -9.5% $166 / Sq Ft
12/01/2020 12/01/20 For Sale $1,099,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,453 $488,154 $244,077 $244,077
2024 $5,510 $478,584 $239,292 $239,292
2023 $5,290 $469,200 $234,600 $234,600
2022 $5,434 $460,000 $230,000 $230,000
2021 $5,287 $448,932 $222,812 $226,120
2020 $5,031 $444,330 $220,528 $223,802
2019 $5,097 $435,618 $216,204 $219,414
2018 $4,622 $427,077 $211,965 $215,112
2017 $4,512 $418,704 $207,809 $210,895
2016 $4,528 $410,495 $203,735 $206,760
2015 $4,402 $404,330 $200,675 $203,655
2014 $4,329 $396,411 $196,745 $199,666
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: LC20248608

California Regional Multiple Listing Service (CRMLS)

APN: 032-182-200-000

Your Personal Tour Guide

Ask me questions while you tour the home.