15 Royale Ave Lakeport, CA 95453
Estimated payment $7,308/month
About This Home
Lakeport Royale Apartments - 15 Royale Ave., Lakeport, Lake County. Seize this lucrative investment opportunity with a 12-unit apartment building in Lakeport. Featuring a mix of 11 desirable 2 bedroom/1 bath and 1 larger 3-bedroom 1 bath units. The building maintains an impressive 90% occupancy rate, with only one unit currently available for showing. Enjoy the convenience of nearby amenities, including grocery stores, shops, restaurants, public transportation, and the stunning Clear Lake within walking distance. Lakeport has witnessed a robust rental market, allowing low vacancies and steady rental demand in recent years. Don't miss out on adding this high-performing asset to your portfolio. Detailed rent roll, income, and expense information are readily available for your review. Make time now to explore this promising Lake County investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,808
Year Built
- Built in 1972
Lot Details
- 0.47 Acre Lot
Home Design
- Composition Roof
Interior Spaces
- 10,144 Sq Ft Home
- 2-Story Property
- Built-In Electric Oven
Parking
- 16 Parking Spaces
- 16 Open Parking Spaces
Utilities
- Central Heating and Cooling System
- Separate Water Meter
Community Details
- 2 Buildings
- 12 Units
Listing and Financial Details
- Assessor Parcel Number 025-611-370-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,808 | $845,086 | $211,268 | $633,818 |
| 2023 | $10,604 | $828,517 | $207,126 | $621,391 |
| 2022 | $10,410 | $812,272 | $203,065 | $609,207 |
| 2021 | $10,316 | $796,346 | $199,084 | $597,262 |
| 2020 | $10,008 | $788,181 | $197,043 | $591,138 |
| 2019 | $9,966 | $772,728 | $193,180 | $579,548 |
| 2018 | $8,947 | $757,578 | $189,393 | $568,185 |
| 2017 | $8,893 | $742,725 | $185,680 | $557,045 |
| 2016 | $8,620 | $728,163 | $182,040 | $546,123 |
| 2015 | $8,520 | $717,226 | $179,306 | $537,920 |
| 2014 | $7,905 | $703,177 | $175,794 | $527,383 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Price Changed | $1,150,000 | -4.2% | $113 / Sq Ft |
| 01/29/2025 01/29/25 | Price Changed | $1,200,000 | -4.0% | $118 / Sq Ft |
| 01/12/2025 01/12/25 | Price Changed | $1,250,000 | -2.0% | $123 / Sq Ft |
| 12/30/2024 12/30/24 | Price Changed | $1,275,000 | -7.3% | $126 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $1,375,000 | 0.0% | $136 / Sq Ft |
| 06/09/2021 06/09/21 | Rented | $900 | 0.0% | -- |
| 04/19/2021 04/19/21 | For Rent | $900 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $70,000 | Chicago Title Company |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324081053
APN: 025-611-370-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
- 10 Royale Ave Unit 18
- 10 Royale Ave Unit 2
- 10 Royale Ave Unit 23B
- 10 Royale Ave Unit 16
- 10 Royale Ave Unit 1A-14
- 10 Royale Ave Unit 13A-2
- 1350 S Main St Unit 10
- 1800 S Main St Unit 24
- 1800 S Main St Unit 78
- 1800 S Main St Unit 14
- 1800 S Main St Unit 72
- 1800 S Main St Unit 16
- 1800 S Main St Unit 60
- 1800 S Main St Unit 27
- 1800 S Main St Unit 21
- 45 Lily Cove Ave
- 55 E St
- 333 Grace Ln
- 205 Kimberly Ln
- 440 Campbell Ln