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Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management--continuously upgrading during his 25 years of operation. There are many long-term tenants, plus an historically low vacancy and turnover rate. Tenants appreciate having a coin operated laundry room on-site, and a large park-like exterior common area that includes picnic tables and BBQ. There are 21 2BR 1.5 Bath two-story Townhouses, and 4 1BR 1 Bath flats--with the upstairs featuring private exterior balconies. Each of the 25 Units have their own carport with plenty of additional parking. There are 5 buildings on 5 separate legal lots set up as 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. An added "perk" (in addition to being a quality investment) is that Blue Heron Gardens is located in Lake County, CA--known to be an "outdoor paradise." For an investor from out of town, site visits would be something to look forward to! Across the street is the beautiful and expansive Clear Lake with over 68 square miles--which is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). There are PICTURESQUE views, excellent restaurants, plentiful parks, and walking and hiking trails to enjoy--plus activities to watch or participate in such as camping, fishing, boating, skiing, swimming & kayaking. It is said that Clear Lake is "one of the top spots in the U.S. for fishing." It is also known as "The Bass Capital of the West," and has famous highly competitive local and national fishing tournaments held often which attract contestants from all over the U.S. Water birds are plentiful too--including egrets, swans, BLUE HERONS, & pelicans plus Eagles are commonly seen. Bordering Napa County, Lake County is known for vineyards also--with over 9,000 acres planted, & over 30 "world class wineries" to visit. Upper Lake is just 30 miles East of Ukiah, 75 miles North of Santa Rosa & Napa, and 125 miles North of San Francisco and Sacramento.
Property Type(s):
Residential Income
| Last Updated | 10/10/2024 | Year Built | 1992 |
|---|---|---|---|
| Community | Upper Lake | County | Lake |
Price History
| Prior to Oct 10, '24 | $3,750,000 |
|---|---|
| Oct 10, '24 - Today | $3,550,000 |
Additional Details
| AIR | Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Free-Standing Range, Refrigerator, Water Heater |
| AREA | Upper Lake |
| CONSTRUCTION | Wood Siding |
| GARAGE | Detached Carport, One Space, Paved |
| HEAT | Heat Pump |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Up, Balcony |
| LOT | 1.5 acre(s) |
| LOT DESCRIPTION | Level, Near Park |
| PARKING | Detached Carport,Paved,One Space |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Electricity Connected,Sewer Connected,Water Connected, Electric: Standard |
| WATER | Public |
Location
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Listed with Luxe Places International Realty
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