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$ 999,000
Est. payment | /mo
5 Beds
4 Baths
0.38 Acres Lot
$ 999,000
Est. payment | /mo
5 Beds
4 Baths
0.38 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC26099675
Bedrooms 5
Lot Size 0.380 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Exceptional investment opportunity featuring two well-maintained triplexes with strong pride of ownership throughout. This unique complex offers a total of six spacious units including four 3-bedroom, 1.5-bath units with attached 2-car garages and interior laundry rooms, plus two 2-bedroom, 1-bath units with oversized 3-car garages and laundry hookups. UNITS ARE SEPARATELY METERED tenants pay all utilities. Several units have received tasteful cosmetic upgrades, and all units are thoughtfully designed with large, open floor plans, abundant windows, and bright, airy living spaces. With direct garage access to every unit, the property offers a true condominium-style feel that tenants love. The low-maintenance exterior makes this property even more attractive for investors, while the recently painted exterior and roof replacement in 2017 reflect the sellers ongoing commitment to upkeep and care. This is a clean, exceptionally well-maintained complex with excellent rental appeal the seller has consistently maintained a waiting list for occupancy. Ideally located in the heart of downtown Lakeport, tenants enjoy close proximity to shopping, schools, restaurants, public transportation, and beautiful Clear Lake. With its desirable location, spacious unit design, and strong long-term rental demand, this property offers immediate income stability with outstanding future financial upside potential. A rare opportunity to own an attractive, high-demand multi-unit investment property with long-term growth potential.
Location
State CA
County Lake
Zoning Assessor
Direction Main Street to Armstrong to properties
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 025293090
Listed by Denise Marino, DRE#01375525 RE/MAX Gold Lake County
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California, 92111, United States