125 S Forbes Lakeport, CA $ 527,000
125 S Forbes
$ 527,000
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125 S Forbes

Lakeport, CA, 95453
$ 527,000
Baths1.0 Sq 1,422

Monthly Estimate*

$ 3,328

Listed by W Real Estate
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Studio

Multi-Family Home for sale in Lakeport, CA

for $527,000 with 1 full bath. This 1,422 square foot home was built in 1930 on a lot size of 0.13.

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 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.

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Multi-Family Active

Price

$ 527,000

Bedrooms

Studio

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

3

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
W Real Estate

Broker

tristafossa@wrealestate.net

Email

Affordability Calculator

$3,328
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,328
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
8/8/2026$527,000 Listed Price

Map


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125 S Forbes, Lakeport, CA, 95453 is a Multi-Family Home for sale at $527,000 with 1,422 sqft and a lot size of 0.13. 125 S Forbes is a studio with 1.0 baths and was built in 1930. The property's zip code is 95453 which is in Lakeport, CA