125 S Forbes, Lakeport, CA 95453
125 S Forbes, Lakeport, CA 95453
125 S Forbes, Lakeport, CA 95453
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$499,990
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5,662 Sqft Lot
Price Dropped by $17K

125 S Forbes Lakeport, CA 95453

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

+1(424) 242-8856

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID LC26173498

HOA Y/N No

Year Built 1930

Lot Size 5,662 Sqft

Property Sub-Type Townhouse

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 Lclps - Lakeport South

Rooms

Other Rooms Shed(s)

Interior

Cooling Ductless

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking, Curbs, Lake, Park, Rural, Sidewalks, Water Sports, Fishing

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 4

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Victorian

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Senior Community No

Tax ID 025321030000

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA

Listing Terms Cash, Cash to New Loan, Conventional, FHA

Special Listing Condition Standard, Trust

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Trista Fossa W Real Estate 707-349-3416, DRE #01976772

NEARBY SCHOOL & BUSINESS

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Jerry And Rachel Team Hsieh

Jerry And Rachel Team Hsieh

Owner/Director of Sales License ID: 01701809

+1(424) 242-8856

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125 S Forbes

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