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Clearlake, CA High Cap Rate Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Clearlake, California Market population: 15K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code

$1,200,000
Oakland Multifamily

Discover a compelling real estate investment in the vibrant city of Oakland, California. This property at 5476 Vicente W...

Cap Rate 2.70%
NOI $32,400
Size 1,800 SF

📊 Average Cap Rate For Clearlake CA Properties: 6.68%

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High-Cap-Rate Value-Add Multifamily Investment in Oakland

$2,299,999
Oakland Multifamily

Discover a compelling value-add opportunity in Oakland’s vibrant real estate market. This six-unit multifamily propert...

Cap Rate 7.97%
NOI $183,323
Size 6,104 SF

Investor Questions For Clearlake CA

Common questions from investors exploring commercial real estate in Clearlake CA.

What's the overall investment potential of Clearlake, CA, considering its demographics and economy? +
Clearlake's 31.6% poverty rate and $25,061 median household income suggest a challenging market, but the 88.1% health insurance coverage and 21.1-minute average commute time indicate a degree of stability and accessibility, making it a potential opportunity for investors targeting affordable housing or renovation projects, particularly given the diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic.
How does the local economy impact the real estate market in Clearlake? +
The top industries in Clearlake, such as Information, Transportation & Warehousing, & Utilities, and Public Administration, contribute to a relatively stable employment market with 4,802 employed individuals, which, combined with the 54.5% homeownership rate and median property value of $95,100, suggests a market with potential for both rental income and property appreciation, especially considering the city's ethnic diversity and foreign-born rate of 14.5%.
What are the key factors to consider for rental property investments in Clearlake? +
For rental investments, the 31.6% poverty rate and $25,061 median household income are crucial, but the 88.1% health insurance coverage and low average commute time of 21.1 minutes are positive indicators of tenant stability and quality, and when combined with the top commute methods like driving alone, carpooling, and working from home, they suggest a need for convenient, affordable housing options, potentially catering to the diverse workforce in industries like Information and Public Administration.
How does the quality of life in Clearlake affect its attractiveness to real estate investors? +
The quality of life in Clearlake, marked by a relatively short average commute time of 21.1 minutes and high health insurance coverage of 88.1%, along with a median age of 40.9 and diverse ethnic composition, suggests a stable and potentially attractive environment for residents, which can be a draw for investors looking to capitalize on a market with underlying demand for housing, driven by the needs of a working population employed in sectors like Transportation & Warehousing and Utilities.
What insights can be gleaned from Clearlake's demographic and economic data for long-term investment strategies? +
Clearlake's demographic and economic data, including its GINI coefficient of 0.456 indicating moderate income inequality, a poverty rate of 31.6%, and a foreign-born rate of 14.5%, suggest a complex market that could benefit from targeted investment strategies, such as affordable housing initiatives or community development projects, especially considering the city's top industries and the potential for growth in sectors like Information and Public Administration, which could drive demand for housing and commercial properties.

Clearlake CA Real Estate & City Facts

Key facts and real estate information about Clearlake CA.

What are some of the best neighborhoods to live in Clearlake? +
Some of the best neighborhoods to live in Clearlake include Clearlake Highlands, Oakbrook West, and the northwest parts of the city. These areas are known for being peaceful and nature-filled, with abundant birdlife and family-friendly environments. However, it's worth noting that the most desired areas tend to be in the northwest parts of the city, while more affordable homes are in the northeast regions.
What are some fun things to do in Clearlake? +
There are plenty of fun things to do in Clearlake, including visiting the Clear Lake State Park, going boating or sailing on the lake, and exploring the nearby wineries and vineyards. You can also check out the Historic Courthouse Museum, or try your luck at the Konocti Vista Casino Resort. For outdoor enthusiasts, there are plenty of opportunities for hiking, biking, and kayaking in the area.
What is the food scene like in Clearlake? +
The food scene in Clearlake is diverse and delicious, with a range of options to suit every taste and budget. Some popular restaurants include C2 Steak & Seafood, Blue Wing Saloon, and Saw Shop Public House, which offer upscale dining experiences. For more casual eats, you can try Main Street Bar & Grill, Howard's Grotto, or Cabo's Mexican Restaurant. There are also plenty of great food trucks and cafes in the area, serving everything from classic American fare to authentic Thai cuisine.
What are the pros and cons of living in Clearlake? +
The pros of living in Clearlake include its natural beauty, with the lake and surrounding hills offering plenty of opportunities for outdoor recreation. The city also has a strong sense of community, with a range of local events and festivals throughout the year. However, some cons of living in Clearlake include the limited job opportunities and higher crime rates compared to other areas in California. Additionally, the city's economy is still recovering from the recession, which can make it challenging for some residents to find affordable housing and access certain services.
Is Clearlake a good place to live? +
Whether or not Clearlake is a good place to live depends on your individual priorities and preferences. If you value a strong sense of community, natural beauty, and outdoor recreation opportunities, Clearlake may be a great fit for you. However, if you're looking for a more urban lifestyle with a wider range of job opportunities and cultural amenities, you may want to consider other options. Ultimately, Clearlake is a unique and charming city that offers a relaxed, small-town way of life, but it's not without its challenges and trade-offs.
⭐ Featured

Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Apartment Building

Presenting a high-yield investment opportunity at 5476 Vicente Way in Oakland's sought-after Temescal neighborhood. This...

Cap Rate 7.97%
NOI $183,300
Size 0 SF

📊 Avg Property Tax Rate For Clearlake CA Properties: 1.2700%

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Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal

$2,299,999
Oakland Multifamily

Discover a compelling investment opportunity at 5476 Vicente Way in Oakland's vibrant Temescal neighborhood. This well-m...

Cap Rate 7.97%
NOI $183,324
Size 0 SF
⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

📊 Average Income For Clearlake CA Commercial Property: $25,061

⭐ Featured

Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate

$30,000,000
Valley Village Multifamily

Discover a prime multifamily investment opportunity in the desirable Valley Village neighborhood of Los Angeles County....

Cap Rate 3.39%
NOI $1,017,000
Size 52,393 SF
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Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF
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Prime 15-Unit Multifamily Investment in Heart of San Francisco

$4,895,000
San Francisco Multifamily

Discover a prime multifamily investment in the heart of San Francisco's vibrant 94103 zip code. This 15-unit mid-rise pr...

Cap Rate %
NOI $0
Size 8,225 SF
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7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate

$12,750,000
Arcata Multifamily

Presenting a compelling value-add investment in the vibrant city of Arcata, California. This 126-unit garden-style apart...

Cap Rate 8.67%
NOI $99,999
Size 87,484 SF
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