Home | Lake County | Clearlake | 95422 | 3871 Country Club Dr
MLS: ML82061558 | Status: | Price: $1,300,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Acres Lot | Yr Built |
|---|---|---|---|---|
| – | – | 8,096 | 1.23 | 1953 |
Attractive 15-unit multifamily investment opportunity located at 3871-3901 Country Club Dr in Clearlake, CA, situated on an expansive 1.23-acre site across three separate parcels. The property consists of three buildings with a diverse unit mix offering broad tenant appeal and operational flexibility, plus one vacant lot. Recent capital improvements include new electrical panels throughout the property and replacement of all AC units within the past 10 years. Several units have been renovated, while the majority remain in well-maintained original condition, providing an opportunity for a new owner to pursue a targeted value-add strategy through interior upgrades. Additional upside may be available through operating efficiencies and potential utility cost recovery. Ownership can evaluate implementation of a RUBS program for water, sewer, and garbage, subject to applicable laws and regulations. With substantial land, existing cash flow, recent capital improvements, and multiple avenues for increasing income, this asset presents an opportunity to acquire an established multifamily property with long-term value-add potential. Parcels: 037-303-240-000 (3871 Country Club Dr), 037-303-360-000 (3891 Country Club Dr), 037-303-350-000 (3890 Country Club Dr).
| Field | Value |
|---|---|
| MLS # | ML82061558 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 1 |
| Feature | Details |
|---|---|
| Cooling | Other |
| Heating | Other |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Foundation | Slab |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: 0 Car(s) |
| Elementary District | Konocti Unified |
| High School District | Konocti Unified |
| Sewer | Other |
| Water | Public |
| Zoning | LDR |
Steve Belluomini
Corcoran Icon Properties
License #: 01095848
Phone: (916) 769-5299
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 14 | 15 |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Pomo School | public | K-7 | 0.66 mi | 1 |
| Burns Valley School | public | K-7 | 1.13 mi | 3 |
| Riviera Elementary School | public | K-5 | 3.09 mi | 5 |
| Clearlake Creativity | public | K-12 | 3.20 mi | N/A |
| Blue Heron School | public | 6,7,8,9,10,11 | 3.47 mi | N/A |
| Konocti Education Center | public | 4,5,6,7,8,9,10,11,12 | 3.47 mi | N/A |
| Obsidian Middle | public | 6-8 | 3.47 mi | 2 |
| Richard H. Lewis Alternative School | public | K-12 | 3.54 mi | 2 |
| East Lake Elementary School | public | K-7 | 4.14 mi | 4 |
| Lower Lake Elementary School | public | K-7 | 4.68 mi | 2 |
| Konocti Preschool | public | UG | 4.76 mi | N/A |
| Lower Lake High School | public | 9-12 | 4.76 mi | 3 |
| Carle (William C.) High (Continuation) School | public | 9-12 | 4.80 mi | 1 |
| Konocti Adult | public | UG | 4.81 mi | N/A |
| Highlands Academy | public | 2,3,4,5,6,7,8 | 4.92 mi | 2 |
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This listing information is up-to-date as of September 17, 2026. For the most current information, please contact Steve Belluomini, (916) 769-5299.