15 Royale Avenue, Lakeport, CA 95453 - Berkshire Hathaway HomeServices California Properties
15 Royale Avenue Lakeport, CA 95453
$1,150,000 0 beds, 0 baths
0 sqft

Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)
Status: Active Under Contract
MLS# LC24210045
List price is $1,150,000 Reduced by $100,000 on 2/19/2025
Beds: 0
Baths: 0
Built in 1972
0.47 acres
Lot size: 0.4700
County: Lake
Appliances: Electric Oven,Electric Range,Refrigerator
Parking description: Asphalt,On Site,Uncovered
Lot description: ZeroToOneUnitAcre,Level,Near Public Transit
Heating/cooling: Wall/Window Unit(s)
Heating description: Baseboard
MLS area: LCLPS - Lakeport South

Last Updated: 5/19/2025

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This listing belongs to the LCLPS - Lakeport South MLS area

Lat/Long: 39.033535, -122.913664.
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Listing Agent: James Magliulo
Lic#: 01234982
Office Name: Mission Viejo

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