Lakeport, CA 95453 15 Royale Ave
$1,150,000



18 more



















Presented By: James L Magliulo with Country Air Properties
Home Details
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.
Presented By: James L Magliulo with Country Air Properties
Interior Features for 15 Royale Ave
Bedrooms
Unit 1 Bedrooms0
Unit 3 Bedrooms0
Unit 2 Bedrooms2
UnitType4BedroomUnitsTotal0
Unit 1 Bedroom Units Total
Unit 2 Bedroom Units Total11
Unit 3 Bedroom Units Total1
Unit 4 Bedrooms
Bathrooms
Unit 4 Full Baths0
Unit 1 Full Baths1
Unit 2 Full Baths1
Unit 3 Full Baths
Unit 2 Partial Baths
Unit 1 Partial Baths
Unit 4 Partial Baths
Other Interior Features
Unit 2 DescriptionNone
Unit 1 DescriptionNone
Unit 1 Approx SqFt800
Unit 2 Approx SqFt800
Unit 3 Approx SqFt0
Unit 4 Approx SqFt
LivingAreaSourceAssessor Auto-Fill
# Studios Occupied
UnitTypeStudioUnitsTotal
Laundry FeaturesOther
Total Stories
Other Rooms
Unit 1 # of Rooms0
Unit 2 # of Rooms2
Unit 3 # of Rooms
Unit 4 # of Rooms
General for 15 Royale Ave
# of Guest Space(s)
4 Bedroom Rent Range
AppliancesBuilt-In Electric Oven
AuctionNo
Cap Rate5.00
Carport Spaces0.00
CityLakeport
Close Price0.00
CoolingCentral
CountyLake
DirectionsS. Main to Royale to property
Garage Spaces0.00
Gross Income
Gross Rent Multiplier0.00
HOANo
HOA Fee$
HeatingCentral
LevelsTwo
Lot Size Square Feet20473.00
Lot Size UnitsAcres
MLS AreaLake County
Number Of Units Total12
Open Parking Spaces16.00
PossessionClose Of Escrow
Property ConditionVaries by Unit
Property Subtype5 or More Units
Property TypeResidential Income
RoofComposition
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent - Show
Subtype DescriptionApartments
UnitTypeCommercialUnitsTotal0
Year Built1972
Year Built SourceAssessor Agent-Fill
Zoning DescriptionR3
Exterior for 15 Royale Ave
Covered Spaces0.00
Independent Parking Spaces
Lot FeaturesNone
Lot Size Acres0.4700
Lot Size SourceAssessor Auto-Fill
Number of Buildings2
Parking FeaturesOpen, Uncovered
Tandem Parking Spaces0
Total Parking16.00
Water SourcePublic
Additional Details
Price History

Sean Gaynor-Rousseau
Broker Associate