18118 Elizabeth Lake
Lake Hughes, CA 93532
MLS #SR17088170

Income
  • 6units
  • 2,054sq ft
$329,900
Est. P&I payment: $1259.99/mo
18118 Elizabeth Lake, Lake Hughes, CA 93532
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 1
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 2
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 3
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 4
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 5
  • 18118 Elizabeth Lake, Lake Hughes, CA 93532 Photo 6
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Description for 18118 Elizabeth Lake, Lake Hughes, CA 93532
Income producing property with endless opportunities. Property features 5 identical studios with 1 room and 1 bath approx 168 sq.ft. each. Main house in the back is 3 bedroom plus 1 bathroom approx 1,050 sq.ft. of living space. All rehabbed units with newer roofs and flooring. Property can also have up to 11 units. There is coined laundry common room. Property features plenty of room for parking and future addition of carports. Buyer to verify all.
MLS #SR17088170
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My Notes for MLS #SR17088170

General Features

  • Number Of Units Total: 6
  • Year Built: 1948
  • Year Built Source: Assessor
  • Elevation Units: Feet

Exterior Features

  • Fence YN: 1
  • Roof: Composition,​Shingle
  • Fencing: Vinyl
  • Lot Features: 2-5 Units/Acre
  • Lot Size Acres: 0.65
  • Lot Size Area: 28,477
  • Lot Size SqFt: 28,477
  • Lot Size Units: Square Feet
  • Pool Features: None
  • Common Walls: No Common Walls

Interior Features

  • Levels: One
  • Average 1Bed Area Units: Square Feet
  • Average 2Bed Area Units: Square Feet
  • Average 3Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet

Utility Features

  • Heating YN: 1
  • Heating: Wall Heater
  • Laundry YN: 1
  • Laundry Features: Community
  • Water Source: Public

Financial Features

  • Electric Expense: 4,500
  • Gross Scheduled Income: 44,220
  • Insurance Expense: 2,400
  • Laundry Income: 900
  • Net Operating Income: 28,945
  • Operating Expense: 15,275
  • Price Per SqFt: 160.61
  • Professional Management Expense: 3,060
  • Total Expenses: 15,275
  • Trash Expense: 417
  • Water Sewer Expense: 2,180
  • New Taxes Expense: 618

Community Features

  • Community Features: Rural

Miscellaneous Features

  • Building Area Total: 2,054
  • Building Area Units: Square Feet
  • Days On Market: 143
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 143
  • Tax Tract Number: 13,951

Location

 
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Directions to 18118 Elizabeth Lake, Lake Hughes, CA 93532
Elizabeth Lake Rd past 180th West,property on left on frontage road (look for white vinyl fencing).
Listing information for 18118 Elizabeth Lake, Lake Hughes, CA 93532 was graciously provided by our friends at the listing brokerage, Re/Max All-Pro and by listing agent Terracciano Kenneth DRE# 01254688

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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 04/21/2018 at 6:21am
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