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About the Listing LC82348 - LCTfossa
Live in one and rent the others! A unique opportunity in the heart of Lakeport, this established triplex offers the flexibility to create a home while generating income from the other two units. With one unit expected to become available October 1st, an owner-occupant may have the opportunity to move in while continuing to collect rent from the remaining units. The property features three 1-bedroom, 1-bath units with current total rents of $3,625 per month while fully occupied. Long-term tenants would like to remain, providing established rental history and income for a future owner. Each unit has its own private entrance and unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Important recent improvements include a 2025 GAF Timberline HDZ 50-year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. The property also offers three separate electric meters, off-street parking, a storage shed and a spacious shaded backyard with room to relax or garden. Located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, 125 S Forbes offers flexibility for both owner-occupants and investors. Live in one and let the other units help offset your housing expenses, or continue operating the property as an established income-producing triplex.
Listing Highlights for 125 S Forbes
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Ductless
- Heating:
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Composition
- Others: Wood Siding,2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 025321030000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Listing Location
Questions About..
125 S Forbes Lakeport, CA 95453
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