You can't beat this location and income potential in beautiful Shaver Lake! This is your chance to own 5 renovated rental units in the middle of town, walkable to all the shops and restaurants, only 5 minutes to the lake and 30 to the slopes at China Peak!Are you an investor? This property is a 10-cap with years of rental history. It's zoned CM4, so you could also convert back into commercial property, since it's ideally located on 168, right by the Hungry Hut. Dreaming of your own place in Shaver with income potential? You can stay in one unit and rent out the rest! Imagine having most of your costs on your vacation home paid for by others.This property sits underneath tall trees in the heart of one of California's most classic mountain towns. There's plenty of parking, plus a fenced yard and on-site laundry. Here are the units:1) Main House - Wow! Recently converted to a residential unit, so everything is newer. Gorgeous kitchen, 3 bedrooms, 2.5 baths. Open floor plan with kitchen opening onto the living and dining areas featuring a cozy pellet stove. Stylish blue cabinets, trendy concrete counters, large island, stainless steel appliances, propane gas range, apron-front sink and durable, waterproof aggregate floors. Front suite features attached bath with dual sinks, beautiful shower, private toilet. Two more bedrooms to sleep 6 in beds, hall bath with tub, half bath, and private laundry. Back porch opens onto shady fenced yard. 2) Shaver Buckhouse - 2BR, 1BA, newly renovated with LVP floors, recent kitchen addition, open floor plan. Could easily be a commercial unit once again, located next to Hungry Hut. 3) Rustic Shaver Escape - Getaway tucked on the back of the main house with stainless steel appliances in the kitchen, a generously sized living room with beamed ceiling, and bedroom with attached bath. Private parking.4) Cozy Shaver Studio - Great rental unit with a kitchenette and living area, then a private bedroom and bath. Light and bright with LVP floors.5) Upstairs Apartment - Perfect for a caretaker or long-term rental. Features an eat-in kitchen, living room with fireplace, and bedroom with attached bath.Sold furnished, so just pack a suitcase & move right in. No out-of-pocket costs!Don't miss out on your chance to own a renovated rental property or a large family compound. There is space for everyone and everything. Ring in the new year in your NEW place.
Shaver Lake is located in California. Shaver Lake, California has a population of 362. Shaver Lake is less family-centric than the surrounding county with 3.57% of the households containing married families with children. The county average for households married with children is 32.95%.
The median household income in Shaver Lake, California is $112,188. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Shaver Lake is 66.5 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 31 degrees. The average rainfall is approximately 35.8 inches per year, with 1.9 inches of snow per year.
