Homes for sale - 15 Royale Avenue, Lakeport, CA 95453

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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by James Magliulo • Country Air Properties

$1,150,000

Est. payment - /mo

10,144 SqFt

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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,144 sqft

Price per Sqft $113

MLS Listing ID LC-24210045

Year Built 1972

Lot Size 0.470 Acres

Property Sub-Type Apartment

Property Description

Lakeport Royale Apartments - 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.

Location

State CA

County Lake

Area Lclps - Lakeport South

Interior

Heating Baseboard

Laundry None

Exterior

Parking Features On Site, Uncovered, Asphalt

Pool None

Community Features Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports

Utilities Available Water Connected, Electricity Connected

Building

Lot Description Level, Near Public Transit, 0-1 Unit/Acre

Sewer Public Sewer

Others

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

15 Royale Avenue Lakeport, CA 95453

John R Thompson

Key Details

Location

Interior

Exterior

Building

Others

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15 Royale Avenue