15 Royale Avenue
Lakeport, CA, 95453
$1,375,000
Beds
0 Baths
SqFt
0.47 Acres
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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&#39'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.

Property Details

Price:
$1,375,000
MLS #:
LC24210045
Status:
Active
Baths:
0
Address:
15 Royale Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
lclpslakeportsouth
City:
Lakeport
Listed Date:
Oct 7, 2024
State:
CA
ZIP:
95453
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
1972
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Schools

Interior

Appliances
Electric Oven, Electric Range, Refrigerator
Cooling
Central Air
Heating
Central

Exterior

Community Features
Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Level, Near Public Transit
Parking Features
Asphalt, On Site, Uncovered
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Public Sewer
Stories Total
2
Water Source
Public

Financial

Utilities
Electricity Connected, Water Connected

Map

Community

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