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Listed by Trista Fossa W Real Estate
$ 527,000
Est. payment | /mo
5,663 Sqft Lot
$ 527,000
Est. payment | /mo
5,663 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 326068368
Style Victorian
HOA Y/N No
Year Built 1930
Lot Size 5,663 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
Investment opportunity in the heart of Lakeport! This charming and established triplex offers three 1-bedroom, 1-bath units, all currently occupied, providing immediate rental income from day one. Current rents total $3,625 per month, with long-term tenants who would like to remain, offering an attractive opportunity for an investor looking for an already-performing property. Classic character and a welcoming covered porch are complemented by important recent improvements, including a 2025 GAF Timberline HDZ-50 year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. Each unit has its own private entrance, and the property features three separate electric meters, off-street parking, a storage shed, and a spacious shaded backyard with room to relax or garden. The three units each offer their own unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Conveniently located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, this property combines location, established rental history and recent capital improvements in one appealing investment package. Whether adding to an existing portfolio or purchasing a first income property, 125 S Forbes offers an opportunity to acquire an established three-unit property in the heart of Lakeport.
Location
State CA
County Lake
Area Lake County
Rooms
Basement None
Interior
Heating Ductless
Cooling Ductless
Laundry Other
Exterior
Waterfront Description Public
Total Parking Spaces 4
Private Pool No
Building
Lot Description Curb(s), Sidewalk
Sewer Public Sewer
Water Public
Architectural Style Victorian
Schools
School District Lake
Others
Tax ID 025321030000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Offer As Is
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