$1,275,000
For Sale

15 Royale Avenue

Lakeport, CA 95453
0.47 acres | #LC24210045
Listing OfficeCountry Air Properties
Browse 23 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre, Level, NearPublicTransit
      • Stories2
    • Measurements
      • Acres0.47
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1972
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected, WaterConnected
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLake
  • Financial Details
      • Original List Price$1,375,000
  • Other
      • MLS #LC24210045

Location

Omar ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 95453