Property summary
This exceptional investment property in Lakeport, CA, presents a rare opportunity to acquire a lucrative, multi-faceted asset. The core of the offering is a 50-unit self-storage complex situated on a 0.85-acre lot at 4655 Lakeshore Boulevard. The storage units offer a diverse range of sizes, catering to a broad spectrum of customer needs. Specifically, there are eleven 11x23 units, nine 12x25 units, twelve 10x20 units, ten 14x16 units, and two 17x19 units. Adding to the property's income potential is a 1300-square-foot, three-bedroom, two-bathroom home currently generating rental income. This residential component provides additional cash flow and further enhances the overall return on investment. Furthermore, an older mobile home on the property is also rented to long-term tenants, contributing to the property's consistent revenue stream. The entire property enjoys a prime location directly across the street from the lake and within close proximity to the town center, ensuring high visibility and convenient access for both tenants and potential buyers. The total square footage of the buildings on the property is 20,000 square feet. This turnkey investment requires minimal management, offering a significant return with relatively low effort. The asking price for this exceptional property is $850,000.
Property profile
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Current use
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Storage Facility
Location
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Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CR · Lakeport, CAZoning
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