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Listed by Trista Fossa W Real Estate
$ 517,700
Est. payment /mo
Active
S 125 Forbes ST Lakeport, CA 95453
5,663 Sqft Lot
UPDATED:
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
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.
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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