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15 Royale Ave, Lakeport, CA 95453

$1,000,000
: 10,144
SqFt

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Sold Price: $1,000,000
List Price: $1,150,000
Status: CLOSED
Days on Market: 314
Closing Date: Aug 19, 2025
MLS#: 324081053
Subtype: Residential Income
Year Built: 1972
Living Area: 10,144
Lot Size: 20,473
Acres: 0.47
Neighborhood: Lake County
MLS Area Major: Lake County

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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.

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Additional Information

Zoning: R3
Appliances: Electric Oven
Heating: Central
Air Conditioning: Central Air
Levels: Two
Roof: Composition
Parking Features: Open, Uncovered