- For Sale $2,000,000
- Property Type Multi-Family
- Property Size 1 SF
- Units 22
- Lot Size 2.58 Acre
- Year Built 1900
- Date Updated Jun 8, 2026
Description
Nestled in Clearlake, CA, this property offers an ideal location for prospective Multifamily/High-Rise investors. Surrounding the area, residents will find the serene waters of Clear Lake, offering boating, fishing, and waterside relaxation. The nearby Mt. Konocti provides breathtaking views and hiking opportunities, while local wineries and vineyards present enticing leisure options. For a touch of history, Anderson Marsh State Historic Park and Ely Stage Stop & Country Museum are nearby, offering cultural and educational experiences. With its natural beauty, recreational offerings, and cultural attractions, Clearlake presents an appealing opportunity for investors looking to provide residents with a harmonious blend of tranquility and adventure.Exceptional value-add opportunity in the heart of Clearlake. This mobile home park offers investors the rare chance to acquire a well-located asset with significant upside potential through strategic management, operational improvements, and future site optimization. Positioned in a growing rental market with strong demand for affordable housing, the property features a desirable layout, convenient access to local amenities, and long-term income growth potential.
Highlights
- Attractive long-term appreciation potential in a supply-constrained asset class
- Desirable layout with expansion and site-improvement possibilities
- Large potential for enhanced cash flow through strategic management
- Opportunity to improve occupancy and increase NOI over time
- Prime value-add mobile home park investment in Clearlake
- Significant upside through rent growth and operational efficiencies
- Strong demand driver for affordable housing in the local market
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Contacts
Jeff Harrison
BellStreet
Location
Located at 5755 Old Highway 53, Clearlake, CA 95422, this property is part of the Clearlake neighborhood.
Contact Listing Broker
Jeff Harrison
BellStreet