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125 S Forbes Street

Lakeport, CA 95453

– beds
– baths
– sqft
5,663 sqft lot
1930 build
– on site

Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.

Listed By CRMLS_CA / Mara Eichelmann / Sotheby's International Realty / 707-485-2922

Last checked: Checking… • Last updated Sep 12, 2024 •

MLS# LC24187119 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1930
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Wood Siding
Architectural Style:

Victorian
Roof:

Composition
Entry Level:

1
Accessibility Features:

No Interior Steps
Common Walls:

No Common Walls
Building Area Total:

1422.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

3
Stories Total:

1
# of Separate Electric Meters:

3

Interior

Features:

Partially Furnished, Wood Product Walls
Levels:

One
Entry Location:

Street
Window Features:

Wood Frames
Room Type:

Kitchen, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, See Remarks
Fireplace:

No
Fireplace:

None
Laundry:

None

Location

Directions:

Hwy 20 to 11th St Exit to Forbes
Latitude:

39.04183600
Longitude:

-122.91641100

The Property

Property Type:

Residential Income
Subtype:

Triplex
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5663.0000
Lot Size Acres:

0.1300
Lot Size SqFt:

5663.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Additional Parcels:

No
Other Structures:

Shed(s)
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

N
Tax Census Tract:

4.02
Tax Lot:

11,12

The Listing

Special Listing Conditions:

Standard
Parcel Number:

025321030000

Heating & Cooling

Cooling:

Yes
Cooling:

Ductless

Utilities

Utilities:

Electricity Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Green Water Conservation:

Water-Smart Landscaping
Water Source:

Public

Appliances

Appliances:

Electric Oven, Electric Range, Free-Standing Range
Included:

Yes

The Community

Senior Community:

No
Features:

Lake, Park, Sidewalks
Pool:

None
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Boat
Parking Spaces:

4.00
Uncovered Spaces:

4.00

Extra Units

Average 1 Bed Area:

450
Average 2 Bed Area:

472
Average Studio Area:

500

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
9/9/24 Sep 9, 2024	Listed / Active	CRMLS_CA	$555,000	141.3% (23.0% / YR)
7/20/18 Jul 20, 2018		CRMLS_CA	$230,000

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This multifamily located in Lakeport, CA 95453 is currently for sale for $555,000. 125 S Forbes Street is a – square foot multifamily with – beds and – baths that has been on Estately for 74 days. This multifamily is in the attendance area of Terrace Middle School, Lakeport Elementary School, and Clear Lake High School.

Listing Courtesy of: CRMLS_CA and Sotheby's International Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 23:59 on Nov 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.