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15 Royale Avenue, Lakeport, CA 95453
Priced at Only: $1,275,000
For more Information Call Mobile: 714.478.6676
Address: 15 Royale Avenue, Lakeport, CA 95453
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  • MLS#: LC24210045 ( Apartment )
  • Street Address: 15 Royale Avenue
  • Viewed: 1
  • Price: $1,275,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1972
  • Bldg sqft: 0
  • Days On Market: 80
  • Additional Information
  • County: LAKE
  • City: Lakeport
  • Zipcode: 95453
  • Provided by: Country Air Properties
  • Contact: James James
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Appliances
  1. Electric Oven
  2. Electric Range
  3. Refrigerator
Assessments
  1. None
Building Area Total
  1. 10144.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 71
Electric Expense
  1. 0.00
Fuel Expense
  1. 0.00
Garage Spaces
  1. 0.00
Heating
  1. Central
Insurance Expense
  1. 9500.00
Laundry Features
  1. None
Lot Features
  1. 0-1 Unit/Acre
  2. Level
  3. Near Public Transit
Netoperatingincome
  1. 74950.00
Number Of Separate Electric Meters
  1. 12
Number Of Separate Water Meters
  1. 12
Parcel Number
  1. 025611370000
Parking Features
  1. Asphalt
  2. On Site
  3. Uncovered
Pool Features
  1. None
Professionalmanagementexpense
  1. 12000.00
Property Type
  1. Apartment
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Composition
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 424882975:CRM
Totalexpenses
  1. 22720.00
Trash Expense
  1. 220.00
Utilities
  1. Electricity Connected
  2. Water Connected
Virtual Tour Url
  1. https://tour.giraffe360.com/5e1c17b8d613445fa73f9514ccb12823/
Water Sewer Expense
  1. 1000.00
Water Source
  1. Public
Year Built
  1. 1972
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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