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Under contract
  • Listing Provided by: 

    James Magliulo DRE #01852966 707-263-5729,

    Country Air Properties

    $1,150,000

    15 Royale Ave, Lakeport, CA 95453

    25beds
    12baths
    10,144sqft
    : 
    Multi Family
    Built in 1972
    -- sqft lot
    $-- Zestimate®
    $113/sqft
    $-- HOA

    What's special

    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.
    223 days
    on Zillow
    |
    213
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 19, 2025 at 02:35am

    Listing Provided by:

    James Magliulo DRE #01852966 707-263-5729,

    Country Air Properties

    Source: CRMLS,MLS#: LC24210045MLS LogoOriginating MLS: California Regional MLS
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 25
    • Bathrooms: 12
    Rooms
    • Room types: Family Room, Kitchen, Laundry
    Heating
    • Baseboard
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator
    • Laundry: None
    Features
    • Has basement: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 10,144
    • Total interior livable area: 10,144 sqft
    Video & virtual tour

    Property

    Parking
    • Parking features: Asphalt, On Site, Open
    • Has uncovered spaces: Yes
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.47 Acres
    • Features: 0-1 Unit/Acre, Level, Near Public Transit
    Details
    • Parcel number: 025611370000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports
    Location
    • Region: Lakeport

    Financial & listing details

    • Price per square foot: $113/sqft
    • Tax assessed value: $845,086
    • Annual tax amount: $10,808
    • Date on market: 10/9/2024
    • Electric utility on property: Yes
    • Road surface type: Paved
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