125 S Forbes, Lakeport, CA 95453
125 S Forbes, Lakeport, CA 95453
125 S Forbes, Lakeport, CA 95453
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$527,000
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5,662 Sqft Lot
New

125 S Forbes Lakeport, CA 95453

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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

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 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


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Listed by Trista Fossa W Real Estate 707-349-3416, DRE #01976772

NEARBY SCHOOL & BUSINESS

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Andre Hobbs

Andre Hobbs

San Diego Broker | The Hobbs Valor Group | License ID: 01485241

+1(619) 892-1008

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125 S Forbes