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$3,550,000
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1 Sqft Lot
UPDATED:
10/11/2024 12:21 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLC24063279
Originating Board California Regional MLS
Year Built 1992
Lot Size 1 Sqft
Property Description
Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management--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.
Location
State CA
County Lake
Area Lcul - Upper Lake
Rooms
Kitchen Oven Range, Refrigerator
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Laminate
Laundry Laundry Area, Washer/Dryer - Owned
Exterior
Garage Detached Garage, Other, Parking Area
Garage Spaces 50.0
Pool 31, None
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 031291050
Special Listing Condition Not Applicable
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Listed by Sheryle McNamara • Luxe Places International Realty