15 Royale AVE new Save Request In-Person Tour Request Virtual Tour
Lakeport,CA 95453
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,144 sqft
Price per Sqft $135
MLS Listing ID LC24210045
HOA Y/N No
Year Built 1972
Lot Size 0.470 Acres
Acres 0.47
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
Ensuite Laundry None
Interior
Laundry Location None
Heating Central
Cooling Central Air
Fireplace No
Appliance Electric Oven,Electric Range,Refrigerator
Laundry None
Exterior
Garage Asphalt,On Site,Uncovered
Pool None
Community Features Biking,Dog Park,Foothills,Fishing,Golf,Hiking,Lake,Park,Water Sports
Utilities Available Electricity Connected,Water Connected
Roof Type Composition
Parking Type Asphalt,On Site,Uncovered
Private Pool No
Building
Lot Description 0-1 Unit/Acre,Level,Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 025611370000
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard