Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms, which are not remodeled, feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
Investment Property Listing: Versatile Multi-Unit Lakeside Investment
This lakeside investment property features a diverse mix of units, making it an excellent opportunity for generating rental income. Here’s what the property includes:
Efficiency Units:
-4 Efficiency Units: Each efficiency unit offers a single room with a private bath, equipped with a small kitchen sink, refrigerator, and microwave.
-Lake Views: Two of these units provide beautiful lake views. These bathrooms feature a tub and shower combination with a linen closet. Each efficiency is approximately 275 square feet.
Studio Unit:
-Spacious Studio: The studio unit includes a combined living room and bedroom area, a bathroom with a shower, and a dining kitchen combo with a large pantry area that houses the AC compressor. This unit offers approximately 500 square feet of living space.
Downstairs Unit:
-Expansive Living Space:The downstairs unit spans approximately 1,500 square feet and includes two bedrooms, one bathroom with a shower, and a kitchen outfitted with an electric stove and refrigerator.
-Living & Entertainment: The large living room features built-in cabinets, and there is an additional game room area, serving as an extension to the living space.
-Private Outdoor Space: The unit is cooled by three window AC units and includes a private deck overlooking the lake, providing a perfect spot to relax and enjoy the serene views.
This property’s blend of efficiency units, a studio, and a spacious downstairs unit offers a variety of living arrangements, catering to different tenant needs while maximizing rental potential. The lakeside setting adds to the property's appeal, making it an attractive investment option.
The income description goes here to explain
List Price | $775,000 |
Property Type | Hotel & Restaurants |
Usable Sqft | Unknown |
Number of Stories | 0 stories |
Parking Spots | 0 spots |
Year Built | 1954 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 262820000000013020 |
MLS # | P4931767 |
Property ID | 320823859 |
Lot Sqft | 5,297 |
Zoning | Unknown |
Days on Market | 209 |
Original List Price | $799,900 |
Date Updated | February 21, 2025 |
Date Created | September 04, 2024 |
Financials not available online. Please inquire with your agent for more details.
Jay Myers an agent of CENTURY 21 MYERS REALTY. Lic #3157984
© 2025 STELLAR MLS. All rights reserved. Some listings on this website are from STELLAR as of February 21, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT