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4585 W 40th St, Clearlake, CA 95422

List Price: $252,000On Market FlagOn market
Oct 10, 20241,586 sqft4 beds2 baths
Listed by: Hanzen Mui
License #: 02238685
Phone #: 408-221-2536
eXp Realty of Northern California, Inc.
Source:
CRMLS Logo
MLS #: ML81983404

Property Description

Perfect for Investors. Unlock the Potential of This Renovated 4-Bedroom Gem! Dont miss the chance to invest in this 4-bd, 2-ba home. Just a 5-minute walk from the serene lake and a close to the town's center. With a dependable tenant currently paying $1,820/month on a month-to-month lease, this property offers immediate cash flow and excellent growth potential. The spacious, fenced backyard invites potential enhancements that could further increase value, while ample fenced-in parking ensures convenience for tenants. This is more than a property; its a strategic investment in a thriving market. Act fast, this opportunity wont last!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$3,816

TurboHome Estimated Value

$253,200

$160 sqft

High Valuation
$265,860
$168/sqft
Normal Valuation
$253,200
$160/sqft
Low Valuation
$240,540
$152/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$160/sqft$253,200

Neighborhood

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Comparative Value

$179K

$199K

$212K

$252K

$275K

$320K

15090 Rumsey Rd, Clearlake, CA 95422

Sale Price: $179,000

Selected Comparable

4116 Sunset Ave, Clearlake, CA 95422

Sale Price: $199,000

Selected Comparable

4045 Carrol Ave, Clearlake, CA 95422

Sale Price: $212,000

Selected Comparable

4585 W 40th St, Clearlake, CA 95422

List Price: $252,000

Subject Property

15083 Austin Dr, Clearlake, CA 95422

Sale Price: $275,000

Selected Comparable

14944 Burns Valley Rd, Clearlake, CA 95422

Sale Price: $320,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4585 W 40th St, Clearlake, CA 95422

4585 W 40th St, Clearlake, CA 95422

List: $252,000

Listed: 10/10/2024

Area:1,586 sqft
Price/sqft:$159
Beds:4
Baths:2
Year Built:
Lot Size:4,356

Comparable Properties

COMPARABLE
Choose comps
14944 Burns Valley Rd, Clearlake, CA 95422

14944 Burns Valley Rd, Clearlake, CA 95422

Sale: $320,000

5/15/20250.79 mi

Area:1,590 sqft
Price/sqft:$201
Beds:4
Baths:2
Year Built:
Weight:23.4%
15083 Austin Dr, Clearlake, CA 95422

15083 Austin Dr, Clearlake, CA 95422

Sale: $275,000

6/23/20250.59 mi

Area:1,296 sqft
Price/sqft:$212
Beds:4
Baths:2
Year Built:
Weight:21.4%
4116 Sunset Ave, Clearlake, CA 95422

4116 Sunset Ave, Clearlake, CA 95422

Sale: $199,000

7/16/20250.67 mi

Area:1,440 sqft
Price/sqft:$138
Beds:3
Baths:2
Year Built:
Weight:19.1%
15090 Rumsey Rd, Clearlake, CA 95422

15090 Rumsey Rd, Clearlake, CA 95422

Sale: $179,000

7/24/20250.99 mi

Area:1,368 sqft
Price/sqft:$131
Beds:3
Baths:2
Year Built:
Weight:18.1%
4045 Carrol Ave, Clearlake, CA 95422

4045 Carrol Ave, Clearlake, CA 95422

Sale: $212,000

7/3/20250.29 mi

Area:1,260 sqft
Price/sqft:$168
Beds:3
Baths:2
Year Built:
Weight:18.1%

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