Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
Friday, February 13, 2009
Great Development/Retirement Opportunity in Clear Lake
My partner Jinny Ahn and I just listed this wonderful opportunity in Clear Lake, CA. It is a home on 44 acres - custom built approximately 5,000 square feet. The land has already been subdivided into 24 lots ranging from 1 acre to 2+ acres. Asking price is $3,200,000 for the package. With good marketing of the lots over the next couple years - the ending cost of keeping the house would be very, very low. Here is an opportunity for a developer or land banker to fund her retirement and end up in a wonderful community. Website and virtual tour coming soon.
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