2815 Lakeshore Boulevard, Lakeport, CA 95453

$1,100,000

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List Price
$1,100,000
Status
ACTIVE
MLS#
ML82047351
Year Built
1963
Lot Size
21,126
Acres
0.49
Days on Market
74
Property Type
Commercial

Property Description

Exclusive Investment Opportunity in Sacramento, 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. Seller is offering the additional lot for $200,000, presenting a rare chance to expand unit count and maximize overall project value. Spanning approximately ±35,501 square feet, this parcel is zoned R3, allowing for higher-density residential development. Investors and developers have the ability to construct additional units in the rear, creating a compelling value-add or ground-up development play in a supply-constrained market.

Additional Information

Taxes
$12,296
Cooling
Yes
Roof
Other
Water
Other
School District
Lakeport Unified
Attached Structure
Detached
Number Of Units Total
14
Gross Scheduled Income
$150,000

Listing courtesy of Listing Agent: Steve Belluomini (steve.b@corcoranicon.com) from Listing Office: Corcoran Icon Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.