Three-Unit Apartment Income
For Sale
$449,000
14840 Valley Ave, Clearlake, CA 95422
Well-maintained three-unit apartment with updated interiors, separately metered utilities, and covered parking for two units.
Property SizeContact for details
Days on Market237
Property Features for 14840 Valley Ave
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1959
Tenancy
Multi
Listing Agency:
Country Air Properties
(707) 263-5729
Listed By:
James Magliulo · License #01852966
(707) 263-5729
Source:
Exitrealty
Added: Dec 18, 2025
Changed: Aug 8
Last Checked: Aug 11 at 8:49AM
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
Investment Insights
Based on property information with market context.
This three-unit apartment property is very well maintained and offers an attractive unit mix. Unit A is a spacious two-bedroom residence and is currently vacant, ready for immediate occupancy or rental. Unit B is a comfortable one-bedroom unit, and Unit C is a large studio. The listing indicates all units have been updated and are in very good condition.
The property is managed with separate utility billing, as each unit is separately metered and billed for utilities. Units B and C also benefit from covered carport parking, which adds practical day-to-day convenience for tenants. Unit A is available for showing with short notice, while Units B and C require 24-hour notice.
From a tenant and owner-operator perspective, the configuration provides multiple housing types within one controlled asset: a two-bedroom for owner occupancy or a larger household, plus one-bedroom and studio options that may appeal to a range of renters. The separate metering structure can help simplify owner utility exposure, and the covered parking is a value-add for the occupied units.
The property is managed with separate utility billing, as each unit is separately metered and billed for utilities. Units B and C also benefit from covered carport parking, which adds practical day-to-day convenience for tenants. Unit A is available for showing with short notice, while Units B and C require 24-hour notice.
From a tenant and owner-operator perspective, the configuration provides multiple housing types within one controlled asset: a two-bedroom for owner occupancy or a larger household, plus one-bedroom and studio options that may appeal to a range of renters. The separate metering structure can help simplify owner utility exposure, and the covered parking is a value-add for the occupied units.
Key Highlights
- Well‑maintained three‑unit apartment built in 1959 with updated interiors in very good condition
- Unit mix: one 2‑bedroom (Unit A), one 1‑bedroom (Unit B), and one large studio (Unit C)
- Unit A is vacant as of the listing date for owner occupancy or immediate rental; Units B and C are occupied on one‑year leases
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Explore this area
Business Placement
Demographics for 95422, CA
17,017
Population
7,890
Households
2.2
Avg Household Size
38
Median Age
8%
College-Educated
80%
High-School Grad
26.9 sq mi
ZIP Area
633
Density / Sq Mi
$42,080
Median Household Income
$28,945
Median Earnings
$1,162
Median Rent
$206,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained three-unit apartment with updated interiors, separately metered utilities, and covered parking for two units.
Where is this triplex located?
The property is located at 14840 Valley Ave Clearlake, CA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Well‑maintained three‑unit apartment built in 1959 with updated interiors in very good condition; Unit mix: one 2‑bedroom (Unit A), one 1‑bedroom (Unit B), and one large studio (Unit C); Unit A is vacant as of the listing date for owner occupancy or immediate rental; Units B and C are occupied on one‑year leases
