Exclusive Investment Opportunity in Lakeport, CA
This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents a compelling opportunity for investors seeking stable cash flow with meaningful upside. With a majority of units in clean, original condition and key system upgrades already completed, investors are well-positioned to enhance value through strategic improvements and operational efficiencies.
Property Highlights:
Recent Capital Improvements & System Upgrades:
The property has undergone important improvements, including a repaired sewer mainline within the past year and upgraded HVAC systems. All AC/heating units have been replaced within the last six years, with several units less than one year old. Select units have been recently renovated, and new refrigerators have been installed throughout portions of the property.
Unit Interiors:
Most units remain in well-maintained, original condition, featuring oak-faced cabinetry and durable tile flooring—providing a strong foundation for future interior upgrades and rent growth.
This balanced unit mix supports consistent occupancy and appeals to a wide tenant base.
Parking & Accessibility:
The property offers 23 on-site parking spaces, providing ample parking for tenants and guests—an attractive amenity in the submarket.
Additional Adjacent Lot | $200,000 Lot Adjacent/Complete Seller Financing Available
R3 Zoning
Ability to build more Units in the back
Roughly 35,501 additional square feet.