Live and Work Opportunity - Renovated and Move-In Ready. Discover an unparalleled investment opportunity at the heart of Lucerne, California. Nestled amidst the serene beauty of the Lake County region, 6292 E Highway 20 offers a unique and versatile mixed-use property that promises both commercial potential and residential charm. Reference LakeCo Zoning PDC-P-DR. This exceptional property seamlessly blends commercial and residential spaces, providing endless possibilities for savvy investors and visionary entrepreneurs. The strategic location on Highway 20 ensures high visibility and accessibility, making it an ideal choice for a variety of business ventures while also offering comfortable living accommodations. Prime location situated on the bustling Highway 20, the property benefits from excellent traffic flow and visibility, ensuring your business gets noticed. Right across from Clear Lake, you can enjoy scenic lake views from the front of the building. Versatile layout of property with 3 car garage and adaptable spaces for residential, retail, office, and shop use, offering flexibility to meet diverse needs. Three-bedroom living space along with a bathroom with a shower, two half bathrooms, and a kitchen area.
Location, income, lake access, 2nd lot on the water. What a great income property. First unit is a 3 bedroom and 2.5 bath, the 2nd, 3rd and 4th unit are all studios, 5 and 6 are one bedroom. Property comes with a second lot located across the street on the lake.
The median home value in Lucerne, CA is $235,000. This is lower than the county median home value of $319,500. The national median home value is $338,100. The average price of homes sold in Lucerne, CA is $235,000. Approximately 48.47% of Lucerne homes are owned, compared to 18.2% rented, while 33.33% are vacant. Lucerne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lucerne real estate agent to arrange a tour today!
Lucerne, California has a population of 3,004. Lucerne is less family-centric than the surrounding county with 17.2% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Lucerne, California is $44,139. The median household income for the surrounding county is $53,399 compared to the national median of $69,021. The median age of people living in Lucerne is 37.9 years.
The average high temperature in July is 92.9 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 26.4 inches per year, with 1 inches of snow per year.