$879,000

Just Listed 13955 Lakeshore Dr, Clearlake, CA 95422 A fantastic lakefront investment with a cap rate over 10%: 10 units five 2-bedroom/1-bath, two 1-bedroom/1-bath, and three studios including a private dock on the lake, an office, and an owner storage area, across 7,000 sq ft of building space with 10 parking spaces. This is scale and diversity in a single offering. The unit mix spans spacious two-bedrooms to efficient studios, broadening the tenant base, while each unit is individually metered and the owner pays water, trash, sewer, and storage an operations setup that keeps management straightforward. Much of the capital work is already behind you: most units have been recently renovated, with new windows and freshly painted interiors and exteriors. The property also sits in a designated Opportunity Zone, offering potential tax benefits for investors, and is close to stores, shops, and public transportation. Double-digit returns, multi-unit income, and a lakefront location a combination investors rarely see in one offering.