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6687 Blue Heron Drive

Upper Lake, CA 95485
  • $3,550,000
  • STATUS: Active
  • ON SITE: 371 Days
  • MLS #: LC24063279
UPDATED: 11 min ago
$3,550,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1992
County:

School Ratings & Info

Listing Agent(s): Sheryle Mcnamara of Luxe Places International Realty (707-462-1600)


Description

Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management--continuously upgrading during his 25 years of operation. There are many long-term tenants, plus an historically low vacancy and turnover rate. Tenants appreciate having a coin operated laundry room on-site, and a large park-like exterior common area that includes picnic tables and BBQ. There are 21 2BR 1.5 Bath two-story Townhouses, and 4 1BR 1 Bath flats--with the upstairs featuring private exterior balconies. Each of the 25 Units have their own carport with plenty of additional parking. There are 5 buildings on 5 separate legal lots set up as 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. An added "perk" (in addition to being a quality investment) is that Blue Heron Gardens is located in Lake County, CA--known to be an "outdoor paradise." For an investor from out of town, management is stellar and site visits would be something to look forward to! Across the street is the beautiful and expansive Clear Lake with over 68 square miles--which is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). There are PICTURESQUE views, excellent restaurants, plentiful parks, and walking and hiking trails to enjoy--plus activities to watch or participate in such as camping, fishing, boating, skiing, swimming & kayaking. It is said that Clear Lake is "one of the top spots in the U.S. for fishing," and there are hundreds of contests annually. It is also known as "The Bass Capital of the West," and has famous highly competitive national fishing tournaments held often--which attracts contestants from all over the U.S. Water birds are plentiful too--including egrets, swans, BLUE HERONS, & pelicans plus Eagles are commonly seen. Bordering Napa County, Lake County is known for vineyards also--with over 9,000 acres planted, & over 30 "world class wineries" to visit. Upper Lake is just 30 miles East of Ukiah in Mendocino County,, 75 miles North of Santa Rosa in Sonoma County, & Napa--and 125 miles North of San Francisco and Sacramento.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/149251012
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6687 Blue Heron Drive Upper Lake, CA 95485

  • Price: $3,550,000
  • Status: Active
  • On Site: 371 Days
  • Updated: 11 min ago
  • MLS #: LC24063279
0
Beds
0
Baths
0
½ Baths
1.5
Acres
1992
Built
Neighborhood:
LCUL - Upper Lake
County:
Lake
Area:
LCUL - Upper Lake
Property Description
Owner has Beautifully maintained Blue Heron Gardens with excellent on-site management--continuously upgrading during his 25 years of operation. There are many long-term tenants, plus an historically low vacancy and turnover rate. Tenants appreciate having a coin operated laundry room on-site, and a large park-like exterior common area that includes picnic tables and BBQ. There are 21 2BR 1.5 Bath two-story Townhouses, and 4 1BR 1 Bath flats--with the upstairs featuring private exterior balconies. Each of the 25 Units have their own carport with plenty of additional parking. There are 5 buildings on 5 separate legal lots set up as 3 Fourplexes, one 5 Unit, & one 8 Unit bldg. An added "perk" (in addition to being a quality investment) is that Blue Heron Gardens is located in Lake County, CA--known to be an "outdoor paradise." For an investor from out of town, management is stellar and site visits would be something to look forward to! Across the street is the beautiful and expansive Clear Lake with over 68 square miles--which is CA's largest freshwater Lake. (Tahoe's larger but shared by NV). There are PICTURESQUE views, excellent restaurants, plentiful parks, and walking and hiking trails to enjoy--plus activities to watch or participate in such as camping, fishing, boating, skiing, swimming & kayaking. It is said that Clear Lake is "one of the top spots in the U.S. for fishing," and there are hundreds of contests annually. It is also known as "The Bass Capital of the West," and has famous highly competitive national fishing tournaments held often--which attracts contestants from all over the U.S. Water birds are plentiful too--including egrets, swans, BLUE HERONS, & pelicans plus Eagles are commonly seen. Bordering Napa County, Lake County is known for vineyards also--with over 9,000 acres planted, & over 30 "world class wineries" to visit. Upper Lake is just 30 miles East of Ukiah in Mendocino County,, 75 miles North of Santa Rosa in Sonoma County, & Napa--and 125 miles North of San Francisco and Sacramento.
Exterior Features

Carport Spaces 25 Carport YN Yes Construction Materials Wood Siding Entry Level 1 Entry Location 23 Floor - 2 Upstairs Foundation Details Slab Lot Features LevelNear Park Number Of Separate Electric Meters 25 Open Parking Spaces 25 Parking Features Detached CarportPavedOne Space Parking Total 50 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type County RoadPrivate Road Road Surface Type Paved Roof Composition Spa Features None Spa YN No

Interior Features

Accessibility Features None Appliances Free-Standing RangeRefrigeratorWater Heater Common Walls 2+ Common Walls Cooling Heat Pump Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetLaminateTileVinyl Heating Heat Pump Heating YN Yes Interior Features BalconyAll Bedrooms Up Window Features Double Pane Windows

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Cap Rate 5.9 Common Interest Planned Development Community Features BikingFishingHikingLakeWater SportsPark Current Financing Conventional Disclosures Unincorporated Electric Standard Electric Expense 4560 Fuel Expense 0 Garage YN No Gross Income 342624 Gross Scheduled Income 342624 Insurance Expense 9500 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 6000 Net Operating Income 209298 New Construction YN No New Taxes Expense 42600 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 5 Number Of Units Leased 25 Operating Expense 123048 Other Expense 2400 Pest Control Expense 1800 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Security Features Smoke Detector(s) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 28202 Trash Expense 13440 Utilities Electricity ConnectedSewer ConnectedWater Connected Vacancy Allowance 10153 Vacancy Allowance Rate 3 Water Sewer Expense 19200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-25T11:29:40.097. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Sheryle Mcnamara of Luxe Places International Realty (707-462-1600)