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15 Royale Avenue

Lakeport, CA 95453

– beds
– baths
– sqft
~1/2 acre lot
1972 build
– on site

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.

Listed By CRMLS_CA / James Magliulo / Country Air Properties / 707-263-5729

Last checked: Checking… • Last updated Nov 18, 2024 •

MLS# LC24210045 —

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

The Building

Year Built:

1972
Year Built Source:

Assessor
New Construction:

No
Roof:

Composition
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

10144.00
Building Area Units:

Square Feet
# of Buildings:

2
Total Number Of Units:

12
Stories Total:

2
# of Separate Water Meters:

12
# of Separate Electric Meters:

12

Interior

Entry Location:

1
Room Type:

Family Room, Kitchen, Laundry
Laundry:

None

Location

Directions:

S Main to Royale to property
Latitude:

39.03353500
Longitude:

-122.91366400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

0-1 Unit/Acre, Level, Near Public Transit
Lot Size Area:

20473.0000
Lot Size Acres:

0.4700
Lot Size SqFt:

20473.00
Lot Size Source:

Assessor
Road Frontage:

City Street
Road Surface Type:

Paved
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

4.02
Tax Lot:

9,10

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

025611370000

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Utilities:

Electricity Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Electric Oven, Electric Range, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Features:

Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports
Pool:

None
Private Pool:

No
Assessments:

No
Assessments:

None

Parking

Parking:

Yes
Parking:

Asphalt, On Site, Uncovered

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
11/18/24 Nov 18, 2024	Price Changed	CRMLS_CA	$1,275,000	-7.3%
10/9/24 Oct 9, 2024	Listed / Active	CRMLS_CA	$1,375,000

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This multifamily located in Lakeport, CA 95453 is currently for sale for $1,275,000. 15 Royale Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 44 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 Country Air Properties. 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.