NOT LISTED FOR SALE

6135 E Highway 20 Lucerne, CA 95458

Estimated Value: $522,705

7 Beds
1 Bath
3,500 Sq Ft
$149/Sq Ft Est. Value

Last Sold December 04, 2018

Last sale price $420,000 $120 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,274/month

107 Days on Market

Highlights

  • Lake View
  • 0.65 Acre Lot
  • 4-minute walk to Lucerne Creek Park

About This Home

As of December 2018

6135 East Highway 20 offers the opportunity to own a lakefront multifamily investment consisting of 6 units situated on a .65 acre lot. Excellent unit mix of three - 1 bedrooms, two - 2 bedrooms, and one - studio all individually metered for PGE. Property has been well maintained and offers many recent updates. Property features a seawall and a dock for easy lake access. All units offer slight rental upside.

Last Agent to Sell the Property

Alex Tannous

Batarseh Real Estate License #01927778 Listed on: 07/12/2018

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.65

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Lake Views
  • Washer and Dryer Hookup

Additional Features

  • 0.65 Acre Lot
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 034-111-07-00

Community Details

Overview

  • 6 Buildings
  • 6 Units

Building Details

  • Gross Income $47,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: E Hwy 20
  • Lot Size Acres: 0.6500
  • CapRate: 7.24
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 120.00
  • Square Footage: 3500
  • NumberOfBuildings: 6

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • View: Lake, Water

Garage/Parking

  • Parking Features: Other

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 034-111-07-00
  • Lot Size Sq Ft: 28314

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1978

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 625-775
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 650-900
  • Number Of1 Bedrooms Occupied: 3
  • Number of 1 Bedroom Units: 3
  • Number Of2 Bedrooms Occupied: 2
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 6
  • Number Studios Occupied: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2018
Closed on
Nov 28, 2018
Sold by
Johnson Leo and Johnson Nancy
Bought by
Xing Lijiao
Seller's Agent
Alex Tannous
Batarseh Real Estate
Buyer's Agent
Non-Member 999999
Non-member Office
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
$522,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,705
Avg. Annual Appreciation
3.14%
Original Mortgage
$220,000
Outstanding Balance
$193,446
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$329,259
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Xing Lijiao $420,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xing Lijiao $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2018 12/04/18 Sold $420,000 0.0% $120 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $420,000 -- $120 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

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 $6,415 $468,513 $167,325 $301,188
2024 $5,300 $459,328 $164,045 $295,283
2023 $5,090 $450,323 $160,829 $289,494
2022 $5,045 $441,494 $157,676 $283,818
2021 $5,080 $432,838 $154,585 $278,253
2020 $4,797 $428,400 $153,000 $275,400
2019 $3,017 $249,887 $135,074 $114,813
2018 $2,830 $244,988 $132,426 $112,562
2017 $2,758 $240,185 $129,830 $110,355
2016 $2,742 $235,477 $127,285 $108,192
2015 -- $231,941 $125,374 $106,567
2014 -- $227,399 $122,919 $104,480
Source: Public Records

Agents Affiliated with this Home

  • Alex Tannous

    Seller's Agent in 2018

    Alex Tannous

    Batarseh Real Estate

    (707) 413-8233

    11 Total Sales

    Alex Tannous
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Member 999999

    Non-member Office

See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21818226

Bay Area Real Estate Information Services (BAREIS)

APN: 034-111-070-000

California Lake County Lucerne 95458

6135 E Highway 20, Lucerne, CA

Not Listed for Sale

MultiFamily

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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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