15 Royale Avenue
Lakeport, CA 95453
- – beds
- – baths
- 10,144 sqft
- ~1/2 acre lot
- $113 per sqft
- 1972 build
- – on site
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.
Last checked:
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Last updated Apr 3, 2025
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MLS# 324081053 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1972
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Year Built Source:Assessor Agent-Fill
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Subtype Description:Apartments
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Levels:Two
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Roof:Composition
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# of Units Total:12
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SqFt:10,144 Sqft
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# of Buildings:2
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SqFt Source:Assessor Auto-Fill
Location
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Directions:S. Main to Royale to property
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Cross Street:S Main St.
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Area:Lake County
The Property
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Property Type:Residential Income
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Property Type:5 or More Units
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Lot Features:None
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20473Lot SqFt:
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Lot Size Measurement:Acres
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Lot Size Source:Assessor Auto-Fill
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Zoning:R3
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0.4700Acres:
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Assessors Parcel Number:025-611-370-000
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Central
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Cooling:Central
Utilities
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Water Source:Public
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Sewer:Public Sewer
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Separate Meters:Electricity, Water
Appliances
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Appliances:Built-In Electric Oven
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Laundry Features:Other
The Community
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Association:No
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Cap Rate:5.00
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Association:Sonoma
Parking
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Total Parking Spaces:16.00
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Parking Features:Open, Uncovered
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Open Parking Spaces:16.00
Extra Units
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# of 2 Bedroom Units:11
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# of 3 Bedroom Units:1
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Unit 1 Description:None
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Unit 1 Full Baths:1
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Unit 1 Approx SqFt:800
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Unit 2 Full Baths:1
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Unit 2 Description:None
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Unit 2 Bedrooms:2
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Unit 2 # of Rooms:2
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Unit 2 Approx SqFt:800
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/15/25
Mar 15, 2025
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Sold Subject To Contingencies | BAREIS | $1,150,000 | |
|
2/19/25
Feb 19, 2025
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Price Changed | BAREIS | $1,150,000 | -4.2% |
|
1/29/25
Jan 29, 2025
|
Price Changed | BAREIS | $1,200,000 | -4.0% |
