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$510,000
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Property Description
Prime Income Investment Near Downtown - Fully Rented Fourplex!
Excellent opportunity to own a four-unit income property located just minutes from Downtown and surrounded by amenities galore! This two-story complex features four spacious units, each offering:
2 Bedrooms / 1 Bathroom
Bright and functional Kitchen
Open-concept Living/Dining Room
One-Car Carport per unit
All units are currently occupied , providing immediate and steady rental income.
The property boasts low-maintenance landscaping, ideal for hassle-free ownership. Enjoy the unbeatable location-walking distance to shopping, parks, restaurants, and the lake.
Whether you're a seasoned investor or new to income properties, this is a fantastic addition to your portfolio!
Full Property Details
Full Property Details for 55 Royale Ave
General
- Sold For: $510,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: LC25114836
- Added to Site: 239 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Fireplace(s): None
- Appliances: Propane Cooktop, Refrigerator
- Flooring: Carpet, Tile, Vinyl
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Carport
- Parking: Carport
Location
- Area: LCLPS - Lakeport South
- County: Lake
- Development Name: LCLPS - Lakeport South
- Driving Directions: Main Street to Royale Ave
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Propane, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 4
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Windows: Blinds
- Entry Location: 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,612
- Year Built: 1973
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.16
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $141.2
- Price Per Unit: 131250
Listed by RE/MAX Gold Lake County, Mary Lunas and RE/MAX Gold Lake County, Linda Lindeblad
Sold by Country Air Properties, Jenna Rezzonico
Get Pre-Approved Today
Schools
Schools serving 55 Royale Ave
School District:Lakeport Unified School District
| Name | Grades | Distance |
|---|---|---|
Lakeport Elementary School 150 Lange Street, Lakeport, CA 95453 | K-3 | 1.8 mi |
Terrace School 250 Lange Street, Lakeport, CA 95453 | 4-8 | 1.8 mi |
Clear Lake High School 350 Lange Street, Lakeport, CA 95453 | 9-12 | 1.9 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 55 Royale Ave
Date
Details
Price
Change
Source
8/21/2025
Sold
$510,000
-2.86%
MLS
5/30/2025
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
55 Royale Avenue, Lakeport, CA 95453 (MLS# LC25114836) is a Multi-Family property that was sold at $510,000 on August 21, 2025. Want to learn more about 55 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.
