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Victorian Triplex with Private Entrances
For Sale
$517,700

125 S Forbes Street, Lakeport, CA 95453

Residential Income, Lakeport, CA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market43

Property Features for 125 S Forbes Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 3, Bathroom 4
Parking 4
Parking features Covered, On Street
Lot features Curb(s), Sidewalk
Elementary school district Lake
Middle school district Lake
High school district Lake
Directions Hwy 29 to the 11th Street exit. Turn right onto 11th Street, then turn right onto S. Forbes Street.
Subdivision Lake County
Standard status Active
APN 025321030000
Lot size 0.13 Acres

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Public

Amenities

off-street parking
storage shed
spacious shaded backyard

Building Details

Year built 1930
Floors in Building 2
Number of units 3
Architectural style Victorian
Listing Agency: W Real Estate
Listed By: Trista Fossa · License #01976772
Added: Aug 12 Changed: Sep 14 Last Checked: Sep 23 at 6:06AM
MLS# 326068368

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1930, this Victorian triplex contains three one-bedroom, one-bath residences, each with a separate private entrance and distinct interior arrangement. The rear unit is larger and includes private outdoor space, while Unit 2 features a loft-style bedroom. A spacious shaded backyard, storage shed, covered and on-street parking, and three separate electric meters add practical functionality.

Recent improvements include a 2025 GAF Timberline HDZ composition roof with a 50-year warranty and ductless heating and cooling systems. One unit is expected to become available October 1st, creating potential flexibility for an owner-occupant while the other residences remain occupied. The property is located at 125 S Forbes Street, just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping, and local amenities.

Key Highlights

  • Three 1‑bedroom, 1‑bath units in a 1930 Victorian triplex
  • 2025 GAF Timberline HDZ composition roof with Golden Pledge warranty
  • Three separate electric meters serving the units

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

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three separately metered units with off-street parking, outdoor space, and a location near downtown Lakeport and Clear Lake.
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 in a 1930 Victorian triplex; 2025 GAF Timberline HDZ composition roof with Golden Pledge warranty; Three separate electric meters serving the units
More about this property
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