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Key Details
Sold Price $2,745,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC24063279
Bedrooms 3
Lot Size 1.500 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management that wants to stay --continuously upgrading during his 25 years of operation. There are many long-term tenants, plus an historically low vacancy and turnover rate. Tenants appreciate having a coin operated laundry room on-site, and a large park-like exterior common area that includes picnic tables and BBQ. There are 21 2BR 1.5 Bath two-story Townhouses, and 4 1BR 1 Bath flats--with the upstairs featuring private exterior balconies. Each of the 25 Units have their own carport with plenty of additional parking. There are 5 buildings on 5 separate legal lots set up as 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. An added "perk" (in addition to being a quality investment) is that Blue Heron Gardens is located in Lake County, CA--known to be an "outdoor paradise." For an investor from out of town, site visits would be something to look forward to! Across the street is the beautiful and expansive Clear Lake with over 68 square miles--which is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). There are PICTURESQUE views, excellent restaurants, plentiful parks, and walking and hiking trails to enjoy--plus activities to watch or participate in such as camping, fishing, boating, skiing, swimming & kayaking. It is said that Clear Lake is "one of the top spots in the U.S. for fishing," and there are hundreds of contests annually. It is also known as "The Bass Capital of the West," and has famous highly competitive national fishing tournaments held often--which attracts contestants from
Location
State CA
County Lake
Zoning Assessor
Interior
Cooling Heat Pump(s)
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Sheryle McNamara Luxe Places International Realty
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