4584 S Terrace Lakeport, CA $ 599,500
4584 S Terrace
$ 599,500
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4584 S Terrace

Lakeport, CA, 95453
$ 599,500
Baths1.0 Sq 4,800

Monthly Estimate*

$ 3,740

Listed by Country Air Properties
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View a Virtual Tour
Studio

Multi-Family Home for sale in Lakeport, CA

for $599,500 with 1 full bath. This 4,800 square foot home was built in 1983 on a lot size of 0.32.

5-Unit Income Property – Fully Rented and Well-Maintained Excellent opportunity to own a solid income-producing 5-unit apartment complex. All units are larger than average and separately metered for electricity. The property offers ample parking, individual tenant storage units, and a shared laundry room with washer and dryer. A spacious common area and backyard patio provide additional tenant appeal. Located in a quiet neighborhood with light traffic, this property boasts full occupancy and steady cash flow — ideal for investors seeking a turnkey asset with minimal management needs.

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Multi-Family Contingent

Price

$ 599,500

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.32

Year Built

1983

Town/City

Lakeport

County/Region

Lake

MLS | Web ID

LC25245051

Days on Market

57

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
HOA Fee 0
Garage Spaces 5
Pool Features None
Year Built 1983
Property Subtype Apartment
Gross Income 0
Community Features Biking Foothills Fishing Golf Hiking Hunting Lake Water Sports
County Lake
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Lakeshore Blvd. north to terrace
City Lakeport
Entry Location Main Floor
Senior Community Y/N false
Number Of Units Total 5
MLS Area LCLPN - Lakeport North
Lot Size Units Square Feet
Lot Size Square Feet 13939
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://tour.giraffe360.com/a678125e5a944bf193b739689f898c26/
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 49
Property Sub Type Additional Apartment
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Interior
Fireplace Features None
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Common Area Washer Hookup Electric Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre Back Yard Front Yard Level
Water Source Public
Total Parking 5
Lot Size Area 13939
Number of Buildings 1
Building Area Total 4800
Lot Size Acres 0.32
Private Pool false
Lot Size Source Owner
Number of Separate Water Meters 5
Number of Separate Gas Meters 0
Number of Separate Electric Meters 5
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* Excluded Features
List By
Country Air Properties

Broker

jim@countryair.com

Email

Affordability Calculator

$3,740
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,740
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% 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
11/20/2025$599,500 Listed Price

Map


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4584 S Terrace, Lakeport, CA, 95453 is a Multi-Family Home for sale at $599,500 with 4,800 sqft and a lot size of 0.32. 4584 S Terrace is a studio with 1.0 baths and was built in 1983. The property's zip code is 95453 which is in Lakeport, CA