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Triplex with Covered Porch
For Sale
$517,700

125 S Forbes Street, Lakeport, CA 95453

Three occupied residences offer separate entrances, individual electric meters, and off-street parking.

Property SizeContact for details
Days on Market50

Property Features for 125 S Forbes Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $43,500
Average Monthly Rent $1,208

Units

Unit Mix 3 x 1BR/1BA
Multifamily Units 3

Amenities

covered porch
private entrance
off-street parking
storage shed
shaded backyard
mini-split heating and cooling
Curbs, Sidewalks
Ductless
On Street
Victorian

Building Details

Year Built 1930
Buildings 1
Listing Agency: W Real Estate
Listed By: Trista Fossa · License #01976772
Source: Evrealestate
Added: Aug 8 Changed: Sep 11 Last Checked: Sep 26 at 11:37AM

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 W Real Estate

Investment Insights

Based on property information with market context.

This established triplex contains three one-bedroom, one-bath residences, each with a private entrance and its own electric meter. The units have distinct layouts, including a rear residence with private outdoor space and a loft-style bedroom in Unit 2. A covered porch, storage shed, shaded backyard, and off-street parking add useful property features. Mini-split heating and cooling systems serve the units, and the roof was replaced in 2025 with a GAF Timberline HDZ composition roof backed by a Golden Pledge warranty.

The property is located at 125 S Forbes in Lakeport, within blocks of downtown, Clear Lake, the public boat launch, parks, restaurants, shopping, and other local amenities. All three units are currently occupied, supporting an established rental operation.

Key Highlights

  • Three 1‑bedroom, 1‑bath units, all currently occupied
  • 2025 GAF Timberline HDZ composition roof with Golden Pledge warranty
  • Three separate electric meters and private entrances

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Electrical Service HVAC Service Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby

Demographics for 95453, CA

11,978
Population
5,488
Households
2.2
Avg Household Size
48
Median Age
24%
College-Educated
93%
High-School Grad
87.0 sq mi
ZIP Area
138
Density / Sq Mi
$66,775
Median Household Income
$44,929
Median Earnings
$1,091
Median Rent
$371,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied residences offer separate entrances, individual electric meters, and off-street parking.
Where is this triplex located?
The property is located at 125 S Forbes Street Lakeport, CA.
What is the asking price?
The asking price for this property is $517,700.
What are key features of this property?
This property features: Three 1‑bedroom, 1‑bath units, all currently occupied; 2025 GAF Timberline HDZ composition roof with Golden Pledge warranty; Three separate electric meters and private entrances
More about this property
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