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.
Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.
Great investment opportunity! Two units, 3-bed/2-bath upstairs, 1-bed/1-bath downstairs. Each unit has its own garage, separate electric, propane meters & washer/dryer hookups. Very low-maintenance front and backyard. Both units are currently being rented out. Very nice neighborhood, close to the Lake, public transportation, downtown, shopping and restaurants.
Entry level investment opportunity in North Lakeport! Two units with spacious, fenced-in back yards, carports, storage areas, and bright, open floorplans. Two-bedroom, one-bath units are single-level with interior laundry hookups, dishwashers, and stoves. HVAC has been recently serviced for both units. Live in one and enjoy income from the other unit, or add this nice property to your investment portfolio!
The median home value in Lakeport, CA is $260,000. This is lower than the county median home value of $319,500. The national median home value is $338,100. The average price of homes sold in Lakeport, CA is $260,000. Approximately 65.12% of Lakeport homes are owned, compared to 21.81% rented, while 13.07% are vacant. Lakeport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lakeport real estate agent to arrange a tour today!
Lakeport, California has a population of 5,048. Lakeport is more family-centric than the surrounding county with 24.68% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Lakeport, California is $75,155. The median household income for the surrounding county is $53,399 compared to the national median of $69,021. The median age of people living in Lakeport is 52.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 31.6 degrees. The average rainfall is approximately 42.8 inches per year, with 1.6 inches of snow per year.