150 Clearlake Avenue

I dare you to find more bang for your buck! Main house is 1866sf 3 bedroom/3.5 bathroom and would make a spacious residence for your family. It was recently rented for $2400 a month and could easily be leased out again, considering the primo downtown location in walking distance to the lake, park, or restaurants and shopping. There is Victorian charm throughtout the home with high ceilings and ornate details, plus 3 seperate decks inviting you to enjoy the outdoors. This was once a bed and breakfast, so all 3 bedrooms have their own ensuite bathrooms AND induvidual outside access. Imagine the possiblities there! Second unit is a 750+/-sf 1 bedroom/1 bathroom that is currently rented for $1200 a month. Third unit is a 300+/-sf studio that is currently rented for $950. Fourth unit is a 350+/-sf studio that needs some work, then could be rented for $900 a month or kept for a vacation station to come up and enjoy the lake life. In addition, there are six off-street paved parking spaces accessed from the back alley and 2 one-car garages that can be rented out for more income or kept for the new owner. All of this on a large 13,000+sf fenced in lot with mature landscaping and seperate yard areas. Whether you are looking for a primary home with extra income to pay the bills, or just a cashflowing income property, this is an outstanding investment in a great neighborhood. Don't miss this opportunity!

Days on Market

1 day

Current Status

Active

Original Price

$579,000

List Price

$579,000

On Market Date

Mar 28, 2026

Property Type

Single Family Residence

Area

Lake County

Zip Code

95453

MLS ID

326026084

APN

026-242-020-000

Year Built

1950

Stories in Building

Unavailable

Possession

Close Of Escrow, Subject To Tenant Rights

Data Source

BAREIS

Origin MLS System

Bed

6

Bath

7 (6/1)

Parking

8

Alley Access, Garage Facing Rear, Garage Facing Side, Uncovered Parking Spaces 2+

SQ FT

1,866

SQ FT Source

Not Verified

Lot SQ FT

13,068.0

Lot Acres

0.3 Acres

Cooling

Central, Ductless, Window Unit(s)

Flooring

Carpet, Laminate, Wood

Foundation

Concrete Perimeter

Fire Place

Wood Burning

Heating

Central, Ductless, Fireplace Insert, Wood Stove

Laundry

Dryer Included, Washer Included

Main Level

Bedroom(s), Full Bath(s), Kitchen, Living Room

Possession

Close Of Escrow, Subject To Tenant Rights

Basement

None

Fee

$0

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

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