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    OFF-MARKET
    Investment properties

    1060 Main St, Lakeport, CA 95453-4378

    1,384 SF 2.02 ac lot Built 1961
    Individually Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-3367072
    Property summary
    AI-generated overview

    This exceptional mixed-use property at 1060 Main Street, Lakeport, CA, presents a unique investment opportunity. Spanning nearly two acres (1.99 acres to be exact), this prime location boasts 3,550 square feet of developed space and offers a diverse range of income streams. The property includes a thriving cafe, three commercial shop/office spaces, a single-family house, and a duplex, providing immediate rental income potential. In addition, there are 24 mobile/RV spaces, catering to a growing tourism market. The property's significant street frontage ensures high visibility and ample parking for all tenants and visitors. Further enhancing the property's appeal are additional storage and laundry facilities equipped with coin-operated washers and dryers. A key feature is the extensive 142 feet of lakefront access, complete with a pier, dock, and covered deck, offering breathtaking views of Mount Konocti. The property is conveniently connected to city water and sewer services. Its strategic location near hotels and within walking distance of downtown Lakeport and a multi-use lakefront park provides unparalleled convenience and accessibility. This is a rare opportunity to acquire a well-established, income-generating property in a desirable lakeside setting. The asking price is $1,500,000.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1961
    Construction WOOD
    Total area 1,384 SF
    Lot 2.02 ac (87,991 SF)
    APN 026-291-030-000
    UPID US09-3367072
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Lucky 4 Trailer Resort Campground & RV Park
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Howard H Bae · 3 yrs held
    Howard H Bae
    since 2023
    7 recorded transactions
    2023
    2021
    2019
    $1.9M
    2016
    2015
    $490,000
    2015
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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