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$619,000
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Property Description
Located at 65 Royale Avenue in the heart of downtown Lakeport, this fully rented four unit apartment building offers an excellent investment opportunity in a highly walkable and convenient location just off Main Street. The two level property features approximately 3,200 square feet on a 6,534 square foot lot and includes four well configured units, each with two bedrooms and one bathroom. Select units have received cosmetic upgrades, and recent improvements include a new roof, providing added value and peace of mind. With all four units being rented you will have immediate income, covered parking, and close proximity to shopping, public transportation, dining, and Clear Lake, this property is ideally positioned for strong long term rental demand and future upside.
Full Property Details
Full Property Details for 65 Royale
General
- Price: $619,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26018793
- Updated: 1/29/2026
- Days on Market: 32 days
- Added to Site: 33 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: LCLPS - Lakeport South
- County: Lake
- Development Name: LCLPS - Lakeport South
- Driving Directions: Main St to Lakeport
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 6,534
- Year Built: 1965
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,970
- Lot Size Source: Assessor
- Lot Description: Back Yard, Cul-de-Sac
Financial Considerations
- Price Per Sq. Ft.: $94.74
- Price Per Unit: 154750
Listed by T.N.G. Real Estate Consultants, Sunny Choi
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Schools
Schools serving 65 Royale
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 65 Royale
Date
Details
Price
Change
Source
1/26/2026
Listed
$619,000
6.72%
MLS
4/20/2022
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 65 Royale
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,662
4%
$615,500
2%
2023
$7,355
—
$603,432
2%
2023
$7,355
23%
$591,600
27%
2022
$5,963
1%
$466,406
2%
2021
$5,921
3%
$457,261
1%
2020
$5,743
—
$452,574
2%
2019
$5,716
8%
$443,700
2%
2018
$5,313
18%
$435,000
22%
2017
$4,497
2%
$357,000
2%
2016
$4,401
73%
$350,000
89%
2015
$2,550
7%
$185,421
2%
2014
$2,386
-3%
$181,790
—
2013
$2,449
—
$180,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 65 Royale
65 Royale, Lakeport, CA 95453 (MLS# PW26018793) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 65 Royale is currently listed for $619,000 and was received on January 26, 2026. Want to learn more about 65 Royale? 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.
