DUPLEX INVESTMENT OPPORTUNITY-Centrally located duplex offering convenience, flexibility, and established rental income. Each unit features 2 bedrooms, 1 bathroom, a 1-car garage, and additional driveway parking. Both units are currently occupied by longtime tenants, providing an excellent opportunity for an investor looking for a property with established tenancy. Conveniently situated near shopping, restaurants, and the lake, this duplex offers an appealing location for tenants, and strong potential for continued rental demand.
Live in one and rent the others! A unique opportunity in the heart of Lakeport, this established triplex offers the flexibility to create a home while generating income from the other two units. With one unit expected to become available October 1st, an owner-occupant may have the opportunity to move in while continuing to collect rent from the remaining units. The property features three 1-bedroom, 1-bath units with current total rents of $3,625 per month while fully occupied. Long-term tenants would like to remain, providing established rental history and income for a future owner. Each unit has its own private entrance and unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Important recent improvements include a 2025 GAF Timberline HDZ 50-year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. The property also offers three separate electric meters, off-street parking, a storage shed and a spacious shaded backyard with room to relax or garden. Located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, 125 S Forbes offers flexibility for both owner-occupants and investors. Live in one and let the other units help offset your housing expenses, or continue operating the property as an established income-producing triplex.
This duplex exterior has been freshly painted and refreshed on the inside and ready for a new buyer. These units have been maintained and repaired as needed. No past due long-term maintenance is required for new buyer. Second unit is currently rented to long term tenants. Each unit is two bedroom, one bathroom, dining area off kitchen, and living room. Live in one and rent the other or rent both. Solid rental history close to town and the parks. Each unit is clean and comfortable and ready for a new owner. They are open floorplan and ready to go.
This rare lakefront property features eight charming waterfront units set along the shores of beautiful Clearlake, one of the best bass fishing lakes in the world, offering breathtaking views and a peaceful atmosphere. Enjoy the best of water front living! Each unit is thoughtfully positioned to capture colorful sunsets, and the relaxing sounds of the shoreline. Residents can enjoy direct lake access for boating, fishing, kayaking, swimming, or simply unwinding by the water. The property combines natural beauty with comfort, creating an inviting home for long-term tenants, or multi-family investment opportunities. The units offer bright interiors with windows that bring in natural light. Outdoor shared gathering spaces provide the perfect setting for morning coffee, evening sunsets, and lakeside entertaining. Three Studio's, three one bedroom's, and two~two bedroom units, each recently remodeled to perfection. This unique property delivers a true waterfront lifestyle with endless recreational opportunities at an unbeatable location. All turn key!
This completely remodeled triplex offers great investment opportunity. Inside, you’ll find beautifully upgraded kitchens with open floor plan and updated fixtures. Living areas are filled with natural light, and beautiful flooring. The bathrooms have been tastefully redesigned with modern vanities, tile work, and quality finishes. Each unit has a large closet and stackable washer and dryer. One of the standout features of this property is the private decks attached to the units, providing seamless indoor-outdoor living. The outdoor spaces are perfect for relaxing, entertaining, enjoying morning coffee, or taking in the surrounding views and fresh air. The exterior has been equally well maintained and updated, offering a nice front lawn area and low-maintenance living. Whether you’re looking for a high-performing income property, multi-generational living, or an owner-occupied investment opportunity, this turnkey triplex delivers modern comfort, stylish upgrades, and exceptional versatility.
Located at 65 Royale Avenue in the heart of downtown Lakeport, this fully rented four unit apartment building offers an excellent investment opportunity in a highly walkable and convenient location just off Main Street. The two level property features approximately 3,200 square feet on a 6,534 square foot lot and includes four well configured units, each with two bedrooms and one bathroom. Select units have received cosmetic upgrades, and recent improvements include a new roof, providing added value and peace of mind. With all four units being rented you will have immediate income, covered parking, and close proximity to shopping, public transportation, dining, and Clear Lake, this property is ideally positioned for strong long term rental demand and future upside.
Incredible opportunity to own a historic yet modern property in the most prime location in Lake County’s burgeoning commercial real estate market. Located in the heart of downtown Lakeport and only steps away from the lake, the property offers prime visibility, accessibility, and proximity to dining, shopping, and recreation. Discover an extraordinary versatile mixed-use retail and multifamily building that seamlessly blends historic charm with modern upgrades, making it a standout investment. The entire building was taken down to the studs and expertly renovated between 2018 and 2022 with no expense spared. The full renovation of this property has transformed it into a modern, high-tech masterpiece, where only the finest quality fixtures and finishes were meticulously applied, creating a pristine and sophisticated offering. Fabulous retail or gallery space on the main street level featuring soaring 13-foot-tall ceilings with gorgeous historic brick walls as a backdrop. Complimented by modern high-end lighting, mini split systems for heating/cooling, multiple storage rooms, and restroom. With its own designated street entrance, upstairs you will find TWO luxury apartments currently operating as successful 5 STAR vacation rentals. The first apartment overlooks main street and has views of the Courthouse Museum Square and clock tower. In the secondary apartment you will find amazing lake views you can enjoy from the private balcony overlooking Clear Lake and Library Park. Prepare to be stunned by the design features of these 2 units including uniquely tiled bathrooms, custom vanities, luxury vinyl plank flooring, recessed lighting, custom cabinetry, LG ThinQ smart appliances, mini split systems, big picture windows and so much more. Other infrastructure upgrades include professional alarm system and fire sprinklers with alarm going directly to the fire station. The building enjoys free Wifi as it houses a satellite on top that provides services for the downtown area. 2 parking spaces included on the backside of building leading to the back entrance of the main floor. Zoned Central Business allowing for many different uses including retail, cafe, bars/taverns, professional offices and much more. Don’t miss this amazing opportunity for a truly turnkey investment property offering endless possibilities!
Lakeport is located in California. Lakeport, California has a population of 5,048. Lakeport is more family-centric than the surrounding county with 24.68% of the households containing married families with children. The county average for households married with children is 24.14%.
The median household income in Lakeport, California is $75,155. The median household income for the surrounding county is $53,399 compared to the national median of $69,021. The median age of people living in Lakeport is 52.4 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 31.6 degrees. The average rainfall is approximately 42.8 inches per year, with 1.6 inches of snow per year.
