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4584 S Terrace

Lakeport, CA 95453
  • $599,500
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • ID#: LC25245051
Under Contract
$599,500
  • 0
    BEDS
  • 0.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:

School Ratings & Info

Listing Agent(s): James Magliulo of Country Air Properties (707-263-2620)


Description

5-Unit Income Property " Fully Rented and Well-MaintainedExcellent 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169548450
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4584 S Terrace Lakeport, CA 95453

  • Price: $599,500
  • Status: Active Under Contract
  • On Site: 38 Days
  • ID#: LC25245051
0
Beds
0
Baths
0
½ Baths
0.32
Acres
1983
Built
Neighborhood:
LCLPN - Lakeport North
County:
Lake
Area:
LCLPN - Lakeport North
Property Description
5-Unit Income Property " Fully Rented and Well-MaintainedExcellent 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.
Exterior Features

Entry Level 1 Entry Location Main Floor Lot Features 2-5 Units/AcreBack YardFront YardLevel Number Of Separate Electric Meters 5 Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Baseboard Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features BikingFoothillsFishingGolfHikingHuntingLakeWater Sports Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features Common AreaWasher HookupElectric Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 5 Operating Expense 0 Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Connected Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-12T00:26:58.333. 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 deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): James Magliulo of Country Air Properties (707-263-2620)