Two-Level
65 Royale, Lakeport, CA 95453
For Sale
$619,000
Lakeport, CA
Property Size3,200 SF
Lot Size0.16 Acres
Price / SF$193.44
Days on Market293
Property Features for 65 Royale
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Lot features
Directions
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Utilities
Sewer type
Water source
Amenities
covered parking
Building Details
Year built
Floors in Building
Number of units
Buildings
Listing Agency:
T.N.G. Real Estate Consultants
(714) 987-3310
Listed By:
Sunny Choi · License CA #02035072
(562) 330-1000
Added: Jan 26
Changed: Nov 13
Last Checked: Nov 14 at 1:06AM
MLS# PW26018793
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-level quadplex contains approximately 3,200 square feet on a 6,534 square foot lot. The building includes four apartments, with each unit configured with two bedrooms and one bathroom. Select apartments have received cosmetic updates, and the roof has been replaced. Covered parking is also provided.
The property is situated in downtown Lakeport near Main Street, with shopping, dining, public transportation, and Clear Lake in the surrounding area. Public water and public sewer serve the property. Built in 1965, the asset combines an established multifamily structure with four currently rented units.
The property is situated in downtown Lakeport near Main Street, with shopping, dining, public transportation, and Clear Lake in the surrounding area. Public water and public sewer serve the property. Built in 1965, the asset combines an established multifamily structure with four currently rented units.
Key Highlights
- Four‑unit building with two bedrooms and one bathroom per apartment
- Approximately 3,200 square feet on a 6,534 square foot lot
- All four units are rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,395
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$547,900
$547.9K
Cap Rate 7%
$391,357
$391.4K
Cap Rate 9%
$304,389
$304.4K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$41.1K $12.84/SF
− Vacancy
−$2.0K −$0.61/SF
EGI
$39.1K $12.23/SF
− OpEx
−$11.7K −$3.67/SF
NOI
$27.4K $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%
$547,900
Cap Rate 7%
$391,357
Cap Rate 9%
$304,389
Alternative Uses
Best Use
Multifamily LT 5
$391.4K
$342.4K – $456.6K
NOI $27,395 @ 7.0% cap · market cap 4.43%
Second Best
Apartment 5plus
$361.2K
$316.0K – $421.4K
NOI $25,281 @ 7.0% cap · market cap 4.08%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,904 @ 7.0% cap · market cap 14.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied apartment property with covered parking, public utilities, and recent roof replacement.
Where is this quadplex located?
The property is located at 65 Royale Lakeport, CA.
What is the asking price?
The asking price for this property is $619,000.
What are key features of this property?
This property features: Four‑unit building with two bedrooms and one bathroom per apartment; Approximately 3,200 square feet on a 6,534 square foot lot; All four units are rented
