Lakeport, CA 95453,15 Royale AVE
Lakeport, CA 95453,15 Royale AVE
Lakeport, CA 95453,15 Royale AVE
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Listed by James Magliulo • Country Air Properties
$1,375,000
Est. payment /mo
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200 BD
2 BA
10,144 SqFt
Active

15 Royale AVE Lakeport, CA 95453

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UPDATED:

10/10/2024 12:10 AM

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 10,144 sqft

Price per Sqft $135

MLS Listing ID 324081053

Bedrooms 200

HOA Y/N No

Year Built 1972

Lot Size 0.470 Acres

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 Lake County

Zoning R3

Interior

Heating Central

Cooling Central

Exterior

Garage Open, Uncovered

Garage Spaces 16.0

Roof Type Composition

Building

Sewer Public Sewer

Water Public

Others

Special Listing Condition None


Bay Area Real Estate Info Services (BAREIS)

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Deanna Deckard

Broker | License ID: 01374860

+1(707) 718-7757

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15 Royale AVE