Incredible opportunity to own a historic yet modern property in the most prime location in Lake County’s burgeoning commercial real estate market. Located in the heart of downtown Lakeport and only steps away from the lake, the property offers prime visibility, accessibility, and proximity to dining, shopping, and recreation. Discover an extraordinary versatile mixed-use retail and multifamily building that seamlessly blends historic charm with modern upgrades, making it a standout investment. The entire building was taken down to the studs and expertly renovated between 2018 and 2022 with no expense spared. The full renovation of this property has transformed it into a modern, high-tech masterpiece, where only the finest quality fixtures and finishes were meticulously applied, creating a pristine and sophisticated offering. Fabulous retail or gallery space on the main street level featuring soaring 13-foot-tall ceilings with gorgeous historic brick walls as a backdrop. Complimented by modern high-end lighting, mini split systems for heating/cooling, multiple storage rooms, and restroom. With its own designated street entrance, upstairs you will find TWO luxury apartments currently operating as successful 5 STAR vacation rentals. The first apartment overlooks main street and has views of the Courthouse Museum Square and clock tower. In the secondary apartment you will find amazing lake views you can enjoy from the private balcony overlooking Clear Lake and Library Park. Prepare to be stunned by the design features of these 2 units including uniquely tiled bathrooms, custom vanities, luxury vinyl plank flooring, recessed lighting, custom cabinetry, LG ThinQ smart appliances, mini split systems, big picture windows and so much more. Other infrastructure upgrades include professional alarm system and fire sprinklers with alarm going directly to the fire station. The building enjoys free Wifi as it houses a satellite on top that provides services for the downtown area. 2 parking spaces included on the backside of building leading to the back entrance of the main floor. Zoned Central Business allowing for many different uses including retail, cafe, bars/taverns, professional offices and much more. Don’t miss this amazing opportunity for a truly turnkey investment property offering endless possibilities!
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.
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. Unit 4 has been completely remodeled with new flooring, new window, all new appliances, ceiling fans, closet doors, new exterior gate, and freshly painted interior for immediate occupancy! HVAC has been recently serviced for both units. Live in the updated home and enjoy income from the other unit, or add this nice property to your investment portfolio!
The median home value in Lakeport, CA is $301,000. 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 $301,000. 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.