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    4017 East Highway 20

    Nice, CA 95464
    • $899,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: LC20248608
    UPDATED: 76 min ago
    $899,000
    • 0
      BEDS
    • 0.65
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,000
      SQFT
    • $150
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1944
    County:
    Area:

    School Ratings & Info

    Description

    Lakefront investment property with an excellent unit mix. 9 park-owned mobile homes, 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 mobile home 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T19:29:54.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/112314949
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    4017 East Highway 20 Nice, CA 95464

    • Price: $899,000
    • Status: Active
    • Updated: 76 min ago
    • ID#: LC20248608
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.65
    Acres
    6,000
    SQFT
    $150
    $/SQFT
    1944
    Built
    Neighborhood:
    LCNIC - Nice
    County:
    Lake
    Area:
    LCNIC - Nice
    Property Description
    Lakefront investment property with an excellent unit mix. 9 park-owned mobile homes, 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 mobile home 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.
    Exterior Features

    Direction Faces South Garage Spaces 0.00 Lot Features Sloped Down Lot Size Source Other Lot Size Units Acres Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes Uncovered Spaces 10.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Common Area

    Property Features

    Additional Parcels Description 03218219 Additional Parcels YN Yes Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 8.00 Community Features BikingFishingHikingLake Country Us Elevation Units Feet Fuel Expense 0.00 Gross Income 113364.00 Gross Scheduled Income 113364.00 Insurance Expense 6000.00 Land Lease YN No Laundry YN Yes Net Operating Income 79475.00 New Construction YN No New Taxes Expense 9889.00 Number Of Separate Electric Meters 13 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 2 Operating Expense 33889.00 Professional Management Expense 4800.00 Property Sub Type Commercial/Residential Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Expenses 33889.00 Trash Expense 2400.00 Utilities Cable AvailableElectricity AvailableSewer AvailableWater Available Water Sewer Expense 2700.00 Water Source PublicWell Year Built Source Public Records

    Listing provided courtesy of Alex Tannous of Batarseh Real Estate and Joseph Tannous of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T19:29:54.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691