Lakeport, CA 95453 55 Royale Avenue
$525,000
6 more
Presented By: Mary Lunas with RE/MAX Gold Lake County; 707-245-5799
- MLS# LC25114836
- 05/30/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 8
Baths • 4
SQFT • 3,612
Home Details
Prime Income Investment Near Downtown – Fully Rented Fourplex!
Excellent opportunity to own a four-unit income property located just minutes from Downtown and surrounded by amenities galore! This two-story complex features four spacious units, each offering:
2 Bedrooms / 1 Bathroom
Bright and functional Kitchen
Open-concept Living/Dining Room
One-Car Carport per unit
All units are currently occupied , providing immediate and steady rental income.
The property boasts low-maintenance landscaping, ideal for hassle-free ownership. Enjoy the unbeatable location—walking distance to shopping, parks, restaurants, and the lake.
Whether you're a seasoned investor or new to income properties, this is a fantastic addition to your portfolio!
Presented By: Mary Lunas with RE/MAX Gold Lake County; 707-245-5799
Interior Features for 55 Royale Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile, Vinyl
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Window FeaturesBlinds
Other Rooms
Entry Level2
General for 55 Royale Avenue
Additional Parcels Y/NNo
AppliancesPropaneCooktop, Refrigerator
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityLakeport
Community FeaturesBiking, Fishing, Golf, Hiking, Lake
CoolingWallWindowUnits
CountyLake
DirectionsMain Street to Royale Ave
Electric Expense0.0
Entry Location2
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income56400.0
HOANo
HOA Fee$0.0
HeatingPropane, WallFurnace
Home Warranty Y/NNo
Insurance Expense2550.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS AreaLCLPS - Lakeport South
Maintenance Expense3519.0
MobileHomeRemainsYNNo
Net Operating Income18949.6
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense24727.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories Count2
Tax Lot6
Tenant PaysElectricity, Water
Total Actual Rent4700.0
Trash Expense932.0
UtilitiesCableConnected, ElectricityConnected, Propane, SewerConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense470.0
Year Built1973
Year Built SourceAssessor
Exterior for 55 Royale Avenue
Building Area Total3612.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.16
Lot Size Area6970.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesCarport
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate