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15 Royale AVE Lakeport, CA 95453
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Key Details
Sold Price $1,000,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID LC24210045
Sold Date 08/19/25
HOA Y/N No
Year Built 1972
Lot Size 0.470 Acres
Property Sub-Type Apartment
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 Lclps - Lakeport South
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Electric Oven, Electric Range, Refrigerator
Laundry None
Exterior
Parking Features Asphalt, On Site, Uncovered
Pool None
Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Lake, Park, Water Sports
Utilities Available Electricity Connected, Water Connected
Roof Type Composition
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Level, Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 025611370000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Rick White Konocti Realty
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Chrystal & David Schoenbrun
Realtor/Broker Associate | License ID: 01409474 & 01761327