14840 Valley Avenue, Clearlake, CA, 95422
About This Home
Very well-maintained three-unit apartment property offering a desirable unit mix that includes one spacious two-bedroom residence (Unit A), one comfortable one-bedroom unit (Unit B), and one large studio (Unit C). All units have been updated and are in very good condition, reflecting pride of ownership throughout. All three units are currently rented on one-year lease tenancies, providing stable and reliable rental income. Each unit is separately metered for both water and electricity, with tenants responsible for their own utilities, helping to minimize owner expenses. Units B and C are enhanced by covered carport parking, adding convenience and value for tenants.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1959
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
- Construction materials: Concrete,Wood
Type & Style
- Home type: MultiFamily
- Property subType: Triplex
Interior
Appliances
- Laundry features: Other
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Features
- Unit 1 - Beds: 1,Baths: 1,Square Footage: 1000 | Unit 2 - Beds: 2,Baths: 1,Square Footage: 450 | Unit 3 - Beds: 0,Baths: 0,Square Footage: 1754 | Unit 4 - Beds: 0,Baths: 0,Square Footage: 1754
- Flooring: Carpet,Linoleum,Tile
Heating & Cooling
- Heating features: Baseboard
- Cooling features: Wall Unit(s)
Interior Area
- Total structure area: 2,150
- Total interior livable area: 2,150 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 040212150000
- Zoning: HDR
- Special condition: Trust
Features
- Levels: Two
Lot
- Lot size: 5,662 sqft
- Features: Corner Lot
Parking
- Total spaces: 5
- Parking features: Covered,Open
- Has uncovered spaces: Yes
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Earthquake
- Volcanic Activity
How This Home’s Risks Compare
FEMA Declared Disasters in Lake County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,270 | $27,240 |
| Home Insurance * | $256 | $3,072 |
| Property Taxes | $451 | $5,412 |
| Electricity | $461 | $5,532 |
| Total | $3,438 | $41,256 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Price change | $449,000 |
| 2025-12-17 | Listed for sale | $474,888 |
| 2019-01-31 | Sold | $250,000 |
| 2018-01-01 | Listing removed | $217,500 |
| 2017-04-20 | Listed for sale | $217,500 |
| 2016-12-18 | Listing removed | $217,500 |
| 2016-03-03 | Listed for sale | $217,500 |
| 2016-03-02 | Listing removed | $575 |
| 2015-12-24 | Listed for rent | $575 |
| 2015-09-16 | Listing removed | $255,000 |
| 2015-09-14 | Price change | $255,000 |
| 2015-08-27 | Price change | $217,500 |
| 2014-12-05 | Listed for sale | $229,000 |
| 2014-10-29 | Listing removed | $650 |
| 2014-09-25 | Listed for rent | $650 |
| 2013-08-21 | Listing removed | $280,000 |
| 2013-04-23 | Listed for sale | $280,000 |
| 2004-04-29 | Sold | $175,000 |
| 2003-01-29 | Sold | $60,000 |
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