15 Royale AVE Active

Lakeport,CA 95453

$ 1375000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRLC24210045

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

Rooms

Kitchen Oven Range - Electric,Refrigerator,Oven - Electric

Interior

Heating Central Forced Air

Cooling Central AC

Laundry None

Exterior

Garage Common Parking Area,Other,Uncovered Parking

Pool None

Roof Type Composition

Building

Lot Description Grade - Level

Water District - Public

Others

Special Listing Condition Not Applicable

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