HIGHWAY 20 LUCERNE, CA 95458

Features

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Description

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

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.