Date
Details
Price
Change
Source
11/03/2025
Listed
$599,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$599,500 Sale Pending
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Property Description
5-Unit Income Property - Fully Rented and Well-Maintained
Excellent opportunity to own a solid income-producing 5-unit apartment complex. All units are larger than average and separately metered for electricity. The property offers ample parking, individual tenant storage units, and a shared laundry room with washer and dryer. A spacious common area and backyard patio provide additional tenant appeal. Located in a quiet neighborhood with light traffic, this property boasts full occupancy and steady cash flow - ideal for investors seeking a turnkey asset with minimal management needs.
Full Property Details
Full Property Details for 4584 S Terrace
General
- Price: $599,500
- Status: Pending
- Type: Multi-Family
- Source: MRMLS
- MLS ID: LC25245051
- Updated: 12/5/2025
- Days on Market: 75 days
- Added to Site: 75 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Common Area, Electric Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 5
Location
- Area: LCLPN - Lakeport North
- County: Lake
- Development Name: LCLPN - Lakeport North
- Driving Directions: Lakeshore Blvd. north to terrace
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Main Floor
- Square Feet: 4,800
- Year Built: 1983
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 13,939
- Lot Size Source: Owner
- Lot Description: 2-5 Units/Acre, Back Yard, Front Yard, Level
Financial Considerations
- Price Per Sq. Ft.: $124.9
- Price Per Unit: 119900
Listed by Country Air Properties, James Magliulo
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Listing agent
— 4584 S Terrace —
James Magliulo
Country Air Properties
707-263-5729
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 4584 S Terrace
Estimate the Cost
Estimate the Cost for 4584 S Terrace
4584 S Terrace, Lakeport, CA 95453 (MLS# LC25245051) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 4584 S Terrace is currently listed for $599,500 and was received on November 03, 2025. Want to learn more about 4584 S Terrace? 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.