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

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Jim Long

jim@uresd.com +1(619) 840-2023

$1,275,000

Est. payment - /mo

0.47 Acres Lot

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UPDATED:

12/19/2024 05:50 AM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID LC24210045

HOA Y/N No

Year Built 1972

Lot Size 0.470 Acres

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 Central

Cooling Central Air

Fireplace No

Appliance Electric Oven, Electric Range, Refrigerator

Laundry None

Exterior

Parking Features Asphalt, On Site, Uncovered

Pool None

Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Lake, Park, Water Sports

Utilities Available Electricity Connected, Water Connected

Roof Type Composition

Private Pool No

Building

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

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 025611370000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by James Magliulo • Country Air Properties • 707-263-5729

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Jim Long

+1(619) 840-2023

Broker/CEO | License ID: 01879102

Broker/CEO License ID: 01879102

15 Royale AVE Lakeport, CA 95453

Jim Long

Key Details

Location

Interior

Exterior

Building

Others

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15 Royale AVE