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3297 E State Hwy 20
1,000 SF Speciality Building Offered at £696,381 at a 8.46% Net Initial Yield in Nice, CA 95464
Investment Highlights
- This property has 150 ft exclusive beach.
Executive Summary
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Waterfront
About 3297 E State Hwy 20 , Nice, CA 95464
HUGE price reduction! RV Park Resort and Campground with private beach on Clear Lake(largest natural freshwater lake in California). . Multiple revenue streams include 28 RV pads located directly across the street from the lake, 5 campsites on the actual waterfront, a main home that is 2 bdrms & 2 bths, a remodeled detached studio home, and a third building that was once a small general store. The main house has a 2 room finished basement with bathroom. All 3 buildings have a new roof. Main house and studio have been replumbed and upgraded electrical. New concrete courtyards and an access ramp. Private bathroom, Private beach with a small boat/jet ski launch are just a few of the amenities. Motivated Seller.
PROPERTY TAXES
| Parcel Number | 032-123-020-000 | Total Assessment | £398,908 (2023) |
| Land Assessment | £316,659 (2023) | Annual Taxes | -£1 (£0.00/sf) |
| Improvements Assessment | £82,249 (2023) | Tax Year | 2024 |
PROPERTY TAXES
zoning
| Zoning Code | CR (Special use permit was acquired in 2020.) |
| CR (Special use permit was acquired in 2020.) |
Presented by
CES Premium Real Estate
3297 E State Hwy 20
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