15 Royale Avenue, Lakeport, CA

$1,200,000

Previous Next

10,144

Square feet

0.47

Acres

About 15 Royale Avenue

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.

Features of 15 Royale Avenue

MLS® # 324081053
Price $1,200,000
Square Footage 10,144
Acres 0.47
Year Built 1972
Type Residential Income
Sub-Type Apartments
Status Active

Community Information

Address 15 Royale Avenue
Area Lake County
City Lakeport
County Lake
State CA
Zip Code 95453

Amenities

Parking Spaces 16
Parking Open, Uncovered
Has Pool No

Interior

Appliances Built-In Electric Oven
Heating Central
Cooling Central
Fireplace No

Exterior

Lot Description None
Roof Composition

Additional Information

Zoning R3

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?
Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Office Is Independently Owned And Operated.

Listing courtesy of James L Magliulo of Country Air Properties

The information being provided by Bay Area Real Estate Information Services® is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Copyright 2025, Bay Area Real Estate Information Services, Inc. All Right Reserved.

Listing information last updated on February 9th, 2025 at 6:16pm CST.