NOT LISTED FOR SALE

5775 Old Highway 53 Clearlake, CA 95422

11 Beds
-- Bath
900 Sq Ft
3.01 Acres

Last Sold May 27, 2021

Last sale price $1,099,000 $1,221 Per Sq Ft

183 Days on Market

About This Home

As of May 2021

Lakeside Mobile Park Resort and RV Park is the proverbial CASH COW! This lakefront all age community features 16 single-wide mobile home spaces, 2 double wide MH ( OWNED), 16 RV spaces; 5 cottages & 1 house. All of this is located on a serene lakefront 3.04 acre lot. Property is on city water and city sewer and each site has full hook-ups to water, sewer, and electrical service. The tenants pay all utilities. There is also an onsite laundry facility for resident convenience and additional income. The double-wide manufactured home is located at the end of the park and on a private peninsula. This area provides unparalleled lake views from the deck/dock and provides privacy for the owner or park manager. There is a convenient boat lift and a private pier, which is in need of renovation but provides tons of upside potential. If you have been waiting for a property like this to become available, you have been waiting a long time.

Last Agent to Sell the Property

David Rendino

RE/MAX Marketplace License #01252035 Listed on: 10/12/2020

RE/MAX Marketplace

Last Buyer's Agent

Jeremy Specials

Inactive Office License #02109733

Inactive Office

Property Details

Home Type

  • Multi-Family

Lot Details

  • 3.01

Parking

  • Uncovered Parking

Home Design

  • Mixed Use

Interior Spaces

  • 900 Sq Ft Home
  • Lake Views

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Assessor Parcel Number 040-320-010

Community Details

Overview

  • 7 Buildings
  • 8 Units

Additional Features

  • Laundry Facilities
  • Gross Income $164,724

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Directions To Property: Hwy 53 to Old Hwy 53
  • CapRate: 11.10
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 1221.11
  • Square Footage: 900
  • NumberOfBuildings: 7

Exterior Features

  • Foundation: Other
  • Roof: Other
  • View: Lake, Water

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: In Common Area

Lot Info

  • Assessor Parcel Number: 040-320-010

Rental Info

  • TenantPays: Electricity, Trash Collection, Water

Multi Family

  • One Bedroom Annual Occupancy: 80
  • 1 Bedroom Rent Range: 450-700
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 800-1000
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 5
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • NumberOfUnitsTotal: 8

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/27/2021 05/27/21 Sold $1,099,000 0.0% $1,221 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,099,000 -- $1,221 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • David Rendino

    Seller's Agent in 2021

    David Rendino

    RE/MAX Marketplace

    (707) 318-1851

    136 Total Sales

    David Rendino
    Section Image
  • Jeremy Specials

    Buyer's Agent in 2021

    Jeremy Specials

    Inactive Office

    (208) 770-9645

    33 Total Sales

    Jeremy Specials
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22024755

Bay Area Real Estate Information Services (BAREIS)
California Lake County Clearlake 95422

5775 Old Highway 53, Clearlake, CA

This home is located at 5775 Old Highway 53, Clearlake, CA 95422 since 12 October 2020. 5775 Old Highway 53 is a home located in Lake County with nearby schools including Lower Lake High School, Henderson Schoolhouse, and Clearlake Seventh-day Adventist Christian 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.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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