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16360 State Highway 175

Cobb, CA 95426
  • $215,000
  • STATUS: Active Under Contract
  • ON SITE: 185 Days
  • ID#: LC25004174
Short Sale
UPDATED: 33 min ago
$215,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Listing Agent(s): Timothy Toye of Timothy Toye and Associates (707-928-6900)


Description

COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Storage Area of 450sf could be additional office or retail space for greater return. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000. Seller will consider 3% in buyer's concessions at closing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-15T12:29:40.63. 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 Hart Coast Realty. Licensed in the State of California, USA.
www.hartcoastrealty.com/homes/159357847
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16360 State Highway 175 Cobb, CA 95426

  • Price: $215,000
  • Status: Active Under Contract
  • On Site: 185 Days
  • Updated: 33 min ago
  • ID#: LC25004174
0
Beds
0
Baths
0
½ Baths
0.69
Acres
1950
Built
Neighborhood:
LCCOB - Cobb
County:
Lake
Area:
LCCOB - Cobb
Property Description
COBB VILLAGE CENTER strip mall in the heart of Cobb on the main highway. Three office or retail spaces, 1 brm apartment, storage area and 2 room log cabin for additional office or retail space. Next to year round Kelsey Creek for a restful picturesque setting. The gas station on the other side and a short walk to post office, supermarket, pizza restaurant and coffee shop. Large parking area and good sign visibility. Upgrading needed in parts. Storage Area of 450sf could be additional office or retail space for greater return. Only one office rented currently though until recently a 20 year history of no vacancy. Compelling potential for unbeatable rental return once upgraded estimated at 16% annually with modest annual income estimated at $48,000. Seller will consider 3% in buyer's concessions at closing.
Exterior Features

Construction Materials ConcreteWood Siding Entry Level 1 Lot Features Gentle SlopingOn Golf CourseStreet Level Parking Total 20 Roof Composition Waterfront Features Creek

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes Heating PropaneWall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Business Type Real Estate Common Interest None Current Financing Conventional Gross Scheduled Income 48000 Land Lease YN No Laundry Features None Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Number Of Units Leased 1 Property Sub Type Business Special Listing Conditions Notice Of DefaultShort Sale Utilities Cable ConnectedElectricity Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-07-15T12:29:40.63. 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 Hart Coast Realty. Licensed in the State of California, USA.
 
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Hart Coast Realty
30511 Avenida De Las Flores #1023
Rancho Santa Margarita CA, 92688
Listing Agent(s): Timothy Toye of Timothy Toye and Associates (707-928-6900)