Two-Unit Duplex with
For Sale
$505,000
10401 Point Lakeview Rd, Kelseyville, CA 95451
This 2-unit duplex offers two-car garages per unit and patio access from the dining areas.
Property Size2,412 SF
Price / SF$209.37
Days on Market110
Property Features for 10401 Point Lakeview Rd
General Information
Standard status
Active
Size
2,412 SF
Total Parking Spaces
4
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Country Air Properties
(707) 263-2620
Listed By:
Ruby Martinez · License #01703200
(707) 264-4904
Source:
Exprealty
Added: Jul 3
Changed: Oct 2
Last Checked: Oct 19 at 10:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Country Air Properties
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Investment Insights
Based on property information with market context.
This Riviera duplex features two separate units, each with 3 bedrooms and 2 bathrooms, along with a 2-car garage. Interior details include laminated flooring and spacious kitchens with tile countertops. Dining areas open to a patio, and an interior staircase provides convenient access to the garage.
The property is located at 10401 Point Lakeview Road in Kelseyville, CA, with nearby schools, shopping centers, and dining options referenced in the remarks.
In addition to the duplex, the offering includes vacant lots on each side, providing space that may support future expansion. The configuration and amenities make the property suitable for either owner-occupant or income-focused use.
The property is located at 10401 Point Lakeview Road in Kelseyville, CA, with nearby schools, shopping centers, and dining options referenced in the remarks.
In addition to the duplex, the offering includes vacant lots on each side, providing space that may support future expansion. The configuration and amenities make the property suitable for either owner-occupant or income-focused use.
Key Highlights
- Duplex at 10401 Point Lakeview offers 2 units with 3 bedrooms and 2 bathrooms per unit
- Each unit includes a 2‑car garage, with an interior staircase providing access to the garage
- Dining areas in both units lead to a patio for indoor‑outdoor living
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,649
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,980
$413.0K
Cap Rate 7%
$294,986
$295.0K
Cap Rate 9%
$229,433
$229.4K
Market Conditions
NOI Build-Up for 2,412 SF
Gross rent
$31.0K $12.84/SF
− Vacancy
−$1.5K −$0.61/SF
EGI
$29.5K $12.23/SF
− OpEx
−$8.8K −$3.67/SF
NOI
$20.6K $8.56/SF
Area
Lake County, CA
Vacancy
4.75%
Lease Rate
$12.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$412,980
Cap Rate 7%
$294,986
Cap Rate 9%
$229,433
Alternative Uses
Best Use
Multifamily LT 5
$295.0K
$258.1K – $344.2K
NOI $20,649 @ 7.0% cap · market cap 4.09%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,055 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$968.1K
$847.1K – $1.13M
NOI $67,765 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 95451, CA
11,747
Population
6,295
Households
1.9
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
92.9 sq mi
ZIP Area
126
Density / Sq Mi
$65,417
Median Household Income
$38,149
Median Earnings
$1,302
Median Rent
$340,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - This 2-unit duplex offers two-car garages per unit and patio access from the dining areas.
Where is this duplex located?
The property is located at 10401 Point Lakeview Rd Kelseyville, CA.
What is the asking price?
The asking price for this property is $505,000.
What are key features of this property?
This property features: Duplex at 10401 Point Lakeview offers 2 units with 3 bedrooms and 2 bathrooms per unit; Each unit includes a 2‑car garage, with an interior staircase providing access to the garage; Dining areas in both units lead to a patio for indoor‑outdoor living
