6040 E Highway 20 Lucerne, CA 95458
Explore the potential of this duplex fixer-upper nestled in the serene community of Lucerne, CA. Positioned across from Clearlake, this property offers a remarkable opportunity for renovation and value enhancement. With a generous courtyard nestled between the buildings, this property provides an ideal setting for a co-living space or a value-add conversion project. Features: Convenient Location: Situated on E Hwy 20, offering easy access to local amenities and recreational opportunities around Clearlake. Duplex Layout: Comprising two distinct living units within one property, providing flexibility for rental income or shared living arrangements. Outdoor Space: A spacious courtyard between the buildings, ideal for relaxation, gatherings, or potential outdoor amenities post-renovation. Proximity to Clearlake: Directly facing Clearlake, providing residents with access to water activities, breathtaking views, and a serene atmosphere. Renovation Potential: An excellent opportunity for renovation enthusiasts to rejuvenate the existing structure and increase the property's value. Fixer-Upper Status: Requires renovation and repairs, allowing buyers to tailor and modernize according to their preferences. Financing Option Available: Explore the possibility of owner financing with a substantial down payment, providing an alternative avenue for qualified buyers to secure ownership. Lucrative Investment: Perfect for investors or buyers seeking a rewarding project in Lucerne's dynamic real estate market. Future RUBS (Ratio Utility Billing System) addition is being bid to add value add individual utility metering. Garage Conversions: Potential for adding two more units, with additional water meter construction also enabling a second water source for additional units in the taller building with lake views. Unit Details: Unit 1: [2 bedrooms, 1 bathroom, 748 square feet] Unit 2: [2 bedrooms, 1 bathroom, 693 square feet with garage below] Don't miss this exceptional opportunity to transform a fixer-upper into your dream investment property! Reach out today to arrange a viewing or for further details.
- Property TypeTownhouse
- NeighborhoodN/A
- CountyLake
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site39 Days
- MLS StatusActive
- MLS ID NumberFR24087644
- Home Size Source N/A
- Year Built1956
- Lot Size0.09 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Parking Garage Spaces 2
- Sewer Public Sewer
- Terms CashFHASeller May CarryVA
- Stories 2 Story
Interior Features
- Additional Rooms Living Room
- Cooling Wall/Window
- Equipment N/K
Exterior Features
- Water Public
- Pool N/K
- View Lake/River
Community Features
- Accessibility Features None
- Sales Restrictions Standard
- Miscellaneous Mountainous
- Laundry Location N/K