15 Royale Avenue

Lakeport, CA 95453

$1,200,000
Price
2
Beds
10,144 Sq. Ft.
$118 / Sq. Ft.
10,144
Sq. Ft.
$118
per Sq. Ft.

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...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.

Property Details for 15 Royale Avenue

Zoning
R3
Cross Street
S Main St.
Total Parking Spaces
16
LISTING UPDATED: 01/29/2025 09:18 AM

Property Details for 15 Royale Avenue

StatusActive
MLS #324081053
Days on Compass132
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
CountyLake County

Building Information for 15 Royale Avenue

Building/Complex15 Royale AveFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1972Building Size-

Property Information for 15 Royale Avenue

Summary
Location and General Information
  • Area/District: Lake County
  • Area Short Display: I0000
  • Directions to Property: S. Main to Royale to property
  • Area Long Display: Lake County
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 025-611-370-000
Parking
  • Parking Features: Open, Uncovered
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Open Parking Spaces: 16
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Tandem Parking Spaces: 0
Virtual Tour
  • Virtual Media Count: 1
Property
Lot Information
  • Square Footage: 10144.0
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Agent-Fill
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 20473.0
  • Lot Features: None
  • Road Frontage Type: City Street
  • Property Condition: Varies by Unit
Property and Assessments
  • Buyer Financing: Cash
  • Picture Count: 23
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Actual or Scheduled: Scheduled
  • Gross Rent Multiplier: 0.0
Utilities
  • Electric: Electricity Connected, Water Connected
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Separate Meters: Electricity, Water
  • Utilities: Electricity Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Community Features: Biking, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Park, Watersports
  • Road Surface Type: Paved
  • Levels: Two
  • Pool: No
  • Roof: Composition
  • # of Floors: 0
  • Pool: N/K
Interior Features
  • Heating: Central
  • Cooling: Central
  • Appliances: Built-In Electric Oven
  • Laundry Features: Other
  • # of Guest Space(s): 0
  • Room Type: Family Room, Kitchen, Laundry
Multi Family
1 Bedroom Unit
  • # of 1 Bedroom Units: 0
  • 1 Bedroom Rent Range: 0
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 0
2 Bedroom Unit
  • # of 2 Bedroom Units: 11
  • 2 Bedroom Rent Range: 0
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 0
3 Bedroom Unit
  • # of 3 Bedroom Units: 1
  • 3 Bedroom Rent Range: 0
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • # of 4 Bedroom Units: 0
  • 4 Bedroom Rent Range: 0
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Income & Expenses
  • Gross Scheduled Income: $.00
Multi-Family Information
  • # Commercial Units: 0
  • # Of Buildings: 2
  • # Of Units Total: 12
  • # of Studio Units: 0
  • # Studios Occupied: 0
Unit 1
  • Unit 1 Bedrooms: 0
  • Unit 1 Description: None
  • Unit 1 Full Baths: 1
  • Unit 1 Partial Baths: 0
  • Unit 1 # of Rooms: 0
  • Unit 1 Approx SqFt: 800
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Description: None
  • Unit 2 Full Baths: 1
  • Unit 2 # of Rooms: 2
  • Unit 2 Approx SqFt: 800
Unit 3
  • Unit 3 Bedrooms: 0
  • Unit 3 Full Baths: 0
  • Unit 3 Partial Baths: 0
  • Unit 3 # of Rooms: 0
  • Unit 3 Approx SqFt: 0
Unit 4
  • Unit 4 Bedrooms: 0
  • Unit 4 Full Baths: 0
  • Unit 4 Partial Baths: 0
  • Unit 4 # of Rooms: 0
  • Unit 4 Approx SqFt: 0

Property History for 15 Royale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 15 Royale Avenue

Taxable ValueLand$211,268Additions$633,818Total$845,086
Tax Record2024$10,808 ($901 / month)
Home Facts
Total Finished SqFt10,144 SqFtAbove Grade Finished SqFt10,144 SqFtStories2Lot Size20,473 SqFtStyleTriplexYear Built1972CountyLAKEAPN025-611-370-000Fireplace TypeHas Fireplace

Schools near 15 Royale Avenue

This home is within Lakeport Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 4 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lakeport Elementary School
PublicK to 3

Terrace School
Public4 to 8

Clear Lake High School
Public9 to 12

Natural High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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15 Royale Avenue is a multi-family home for sale in Lakeport, CA 95453. This property was listed for sale on October 7, 2024 by Country Air Properties, it's currently listed at $1,200,000. It has been on the market for a total of 132 days and was last sold on December 18, 2012. This listing's school district is Lakeport Unified School District. Nearby schools include Lakeport Elementary School, Terrace School and Clear Lake High School. 15 Royale Avenue is a 2-bed, 2-bath, 10,144 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Country Air Properties, James Magliulo, DRE #01852966

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.