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$555,000

  • Sold
  • Closed
  • Multi-Family
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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 for 4584 S Terrace

General

  • Sold For: $555,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: LC25245051
  • Added to Site: 172 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 Source: Owner
  • Lot Description: 2-5 Units/Acre, Back Yard, Front Yard, Level

Financial Considerations

  • Price Per Sq. Ft.: $115.62
  • Price Per Unit: 119900

Listed and Sold by Country Air Properties, James Magliulo

Listing agent

— 4584 S Terrace —

  • 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

Price & Sales History for 4584 S Terrace

Date
Details
Price
Change
Source
2/17/2026
Sold
$555,000
-7.42%
MLS
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.

Listed and Sold by Country Air Properties, James Magliulo

4584 S Terrace, Lakeport, CA 95453 (MLS# LC25245051) is a Multi-Family property that was sold at $555,000 on February 17, 2026. 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.