Investment opportunity in the heart of Lakeport! This charming and established triplex offers three 1-bedroom, 1-bath units, all currently occupied, providing immediate rental income from day one. Current rents total $3,625 per month, with long-term tenants who would like to remain, offering an attractive opportunity for an investor looking for… Read More an already-performing property.
Classic character and a welcoming covered porch are complemented by important recent improvements, including a 2025 GAF Timberline HDZ composition roof with Golden Pledge warranty and mini-split heating and cooling systems. Each unit has its own private entrance, and the property features three separate electric meters, off-street parking, a storage shed, and a spacious shaded backyard with room to relax or garden.
The three units each offer their own unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Conveniently located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, this property combines location, established rental history and recent capital improvements in one appealing investment package. Whether adding to an existing portfolio or purchasing a first income property, 125 S Forbes offers an opportunity to acquire an established three-unit property in the heart of Lakeport. Read Less
Property listed by W Real Estate, Trista Fossa 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Townhouse
Lot Size
0.13 Acres
Year Built
1930
MLS Number
LC26173498
Additional Details
Building
Built in 1930, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: WoodSiding
Community
Biking, Curbs, Lake, Park, Rural, Sidewalks, WaterSports, Fishing
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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