- 5 Beds
- 2 Baths
- .47 Acres
- 297 DOM
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.
Essential Information
- MLS® #LC24210045
- Price$1,150,000
- Bedrooms5
- Bathrooms2.00
- Acres0.47
- Year Built1972
- TypeResidential Income
- Sub-TypeApartment
- StatusActive Under Contract
Community Information
- Address15 Royale Avenue
- AreaLCLPS - Lakeport South
- CityLakeport
- CountyLake
- Zip Code95453
Amenities
- ParkingAsphalt, On Site, Uncovered
- GaragesAsphalt, On Site, Uncovered
- PoolNone
Utilities
Electricity Connected, Water Connected
Interior
- HeatingBaseboard
- CoolingWall/Window Unit(s)
- # of Stories2
Appliances
Electric Oven, Electric Range, Refrigerator
Exterior
- RoofComposition
Lot Description
Level, Near Public Transit, ZeroToOneUnitAcre
Additional Information
- Date ListedOctober 7th, 2024
- Days on Market297
Listing Details
- AgentPhilip Smoley
- OfficeCountry Air Properties
Price Change History for 15 Royale Avenue, Lakeport, (MLS® #LC24210045)
| Date | Details | Change | |
|---|---|---|---|
| Status Changed from Active to Active Under Contract | – | ||
| Status Changed from Active Under Contract to Active | – | ||
| Status Changed from Active to Active Under Contract | – | ||
| Status Changed from Active Under Contract to Active | – | ||
| Status Changed from Active to Active Under Contract | – | ||
| Show More (3) | |||
| Price Reduced from $1,250,000 to $1,150,000 | |||
| Price Reduced from $1,275,000 to $1,250,000 | |||
| Price Reduced from $1,375,000 to $1,275,000 | |||
Philip Smoley, Country Air Properties.
Based on information from California Regional Multiple Listing Service, Inc. as of August 2nd, 2025 at 12:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.