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$1,000,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 15 Royale Ave

General

  • Sold For: $1,000,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: LC24210045
  • Added to Site: 467 day(s) ago

Interior

  • Rooms/Areas: Family Room, Kitchen, Laundry
  • Appliances: Electric Oven, Electric Range, Refrigerator

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Parking

  • Parking Features: Asphalt, On-Site, Uncovered
  • Parking: Asphalt, On-Site, Uncovered

Location

  • Area: LCLPS - Lakeport South
  • County: Lake
  • Development Name: LCLPS - Lakeport South
  • Driving Directions: S Main to Royale to property

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 12
  • # Electric Meters: 12

Structural Information

  • Roof: Composition
  • Entry Location: 1
  • Square Feet: 10,144
  • Year Built: 1972

Lot Features

  • Lot Size (Acres): 0.47
  • Lot Size Source: Assessor
  • Lot Description: 0-1 Unit/Acre, Level, Near Public Transit

Financial Considerations

  • Price Per Sq. Ft.: $98.58
  • Price Per Unit: 95833

Listed by Country Air Properties, James Magliulo
Sold by Konocti Realty, Rick White

Listing agent

— 15 Royale Ave —

  • James Magliulo

    Country Air Properties

707-263-5729

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 15 Royale Ave

School District:Lakeport Unified School District
NameGradesDistance
Lakeport Elementary School
150 Lange Street, Lakeport, CA 95453
K-31.8 mi
Terrace School
250 Lange Street, Lakeport, CA 95453
4-81.9 mi
Clear Lake High School
350 Lange Street, Lakeport, CA 95453
9-121.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 15 Royale Ave

Date
Details
Price
Change
Source
8/19/2025
Sold
$1,000,000
-13.04%
MLS
2/18/2025
Price Reduced
$1,150,000
-8%
MLS
1/13/2025
Price Reduced
$1,250,000
-1.96%
MLS
11/18/2024
Price Reduced
$1,275,000
-7.27%
MLS
10/09/2024
Listed
$1,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Country Air Properties, James Magliulo
Sold by Konocti Realty, Rick White

15 Royale Avenue, Lakeport, CA 95453 (MLS# LC24210045) is a Multi-Family property that was sold at $1,000,000 on August 19, 2025. Want to learn more about 15 Royale Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lakeport? You can browse all Lakeport real estate or contact a Coldwell Banker agent to request more information.