15 Royale Avenue
Lakeport, CA 95453
0.47 acres | #LC24210045
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
- Utility FeaturesElectricityConnected, WaterConnected
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- Original List Price$1,375,000
- MLS #LC24210045
- MLS #LC24210045
- Property SubtypeApartment
- Cost1275000
- Utility SourcePublic
- Acres0.47
- Year Built1972
- CountyLake
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: James Magliulo (#LCjmagliulo)
Listing Office: Country Air Properties (#LCCAIR1)
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.
