125 S Forbes Lakeport, CA $ 517,700
125 S Forbes
$ 517,700
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125 S Forbes

Lakeport, CA, 95453
$ 517,700
Bedrooms-- Baths1.0 Sq 1,422

Monthly Estimate*

$ 3,576

Listed by Trista Fossa, W Real Estate, tristafossa@wrealestate.net
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Multi-Family Home for sale in Lakeport, CA

for $517,700 with 1 full bath. This 1,422 square foot home was built in 1930 on a lot size of 0.13.

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.

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Multi-Family Active

Price

$ 517,700

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1930

Town/City

Lakeport

County/Region

Lake

MLS | Web ID

LC26173498

Days on Market

67

Features
General
Sewer Public Sewer
Cooling Ductless
Utilities Electricity Connected Sewer Connected Water Connected
Roof Composition
HOA Fee 0
Garage Spaces 0
Architectural Style Victorian
Pool Features None
Construction Materials Wood Siding
Year Built 1930
Tenant Pays Electricity See Remarks
Stories Count 2
Levels Two
Property Subtype Townhouse
Gross Income 43500
Community Features Biking Curbs Lake Park Rural Sidewalks Water Sports Fishing
County Lake
Net Operating Income 32136
Operating Expense 11364
Insurance Expense 2832
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Other Structures Shed(s)
Special Listing Conditions Standard Trust
Status Active
Directions Hwy 29 to the 11th Street exit. Turn right onto 11th Street then turn right onto S. Forbes Street.
City Lakeport
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area LCLPS - Lakeport South
Lot Size Units Square Feet
Lot Size Square Feet 5663
Listing Terms Cash Cash to New Loan Conventional FHA
Property Attached Y/N true
Land Lease Y/N false
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 5040
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 11 12
Total Actual Rent 3625
Property Sub Type Additional Townhouse
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Laundry Features None
Entry Level 1
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Exterior
Water Source Public
Total Parking 4
Lot Size Area 5663
Number of Buildings 1
Building Area Total 1422
Lot Size Acres 0.13
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 3
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* Excluded Features
List By
Trista Fossa

Listing Agent

W Real Estate

Broker

tristafossa@wrealestate.net

Email

Affordability Calculator

$3,576
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Monthly Principal & Interest
$3,576
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$517,700 -1.76% Price Down
8/8/2026$527,000 Listed Price

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125 S Forbes, Lakeport, CA, 95453 is a Multi-Family Home for sale at $517,700 with 1,422 sqft and a lot size of 0.13. 125 S Forbes has 1.0 baths and was built in 1930. The property's zip code is 95453 which is in Lakeport, CA