Description
Located at 65 Royale Avenue in the heart of downtown Lakeport, this fully rented four unit apartment building offers an excellent investment opportunity in a highly walkable and convenient location just off Main Street. The two level property features approximately 3,200 square feet on a 6,534 square foot lot and includes four well configured units, each with two bedrooms and one bathroom. Select units have received cosmetic upgrades, and recent improvements include a new roof, providing added value and peace of mind. With all four units being rented you will have immediate income, covered parking, and close proximity to shopping, public transportation, dining, and Clear Lake, this property is ideally positioned for strong long term rental demand and future upside.
Details
| MLS # | PW26018793 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 228 |
| Listing Provided By | T.N.G. Real Estate Consultants | Sunny Choi |
Features
| SQ Feet | 6,534 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Acreage | 0.16 |
Exterior
| Lot Features | Back Yard, Cul De Sac |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Lake, Suburban |
|---|
Area Information
| State | CA |
|---|---|
| County | Lake |
| City | Lakeport |
| Zip Code | 95453 |
| Area | LCLPS Lakeport South |
| Listing VS Median (in 95453) | |
Price: $619,000 low | high Med: $377,000 sqft: 6,534 low | high Med: 1,382 $ / sqft: $95 low | high Med: $273 On site: 228 low | high Med: 22.5 | |
Market Activity 95453
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Learn More About This Property
| State | CA |
|---|---|
| County | Lake |
| City | Lakeport |
| Zip Code | 95453 |
| Area | LCLPS Lakeport South |
| Listing VS Median (in 95453) | |
Price: $619,000 low | high Med: $377,000 sqft: 6,534 low | high Med: 1,382 $ / sqft: $95 low | high Med: $273 On site: 228 low | high Med: 22.5 | |