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125 S Forbes

Lakeport, CA 95453
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Bed 3

Bed

Bath 3

Bath

SqFt5,663

Sqft(Lot)

Investment opportunity in the heart of Lakeport! This charming and established triplex offers three 1-bedroom, 1-bath units, all currently occupied, providing immediate rental income from day one. Current rents total $3,625 per month, with long-term tenants who would like to remain, offering an attractive opportunity for an investor looking for an already-performing property. Classic character and a welcoming covered porch are complemented by important recent improvements, including a 2025 GAF Timberline HDZ-50 year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. Each unit has its own private entrance, and the property features three separate electric meters, off-street parking, a storage shed, and a spacious shaded backyard with room to relax or garden. The three units each offer their own unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Conveniently located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, this property combines location, established rental history and recent capital improvements in one appealing investment package. Whether adding to an existing portfolio or purchasing a first income property, 125 S Forbes offers an opportunity to acquire an established three-unit property in the heart of Lakeport.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $527,000

AD Id : 89317575

MLS Id : LC26173498

Beds : 3

Lot Size : 5,663 Sqft

Year Built : 1930

County : Lake

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Feature Features

  • Interior Features

    Roof: Composition
    Laundry Features: None
  • Heating & Cooling

    Has Cooling: Yes Cooling: Ductless

  • Building Information

    Year Built: 1930
    Building Area Total: 1422
    Construction Materials: WoodSiding
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5663 Lot Size Acres: 0.13 Lot Size Source: Assessor Lot Size Square Feet: 5,663

  • Listing Price Information

    Listing Price: $527000
    Cash, CashToNewLoan, Conventional, FHA

  • Tax Information

    Parcel Number: 025321030000 Tax Lot: 11,12 Tax Block: N

  • Parking Information

    Parking Total: 4

  • Utility Information

    ElectricityConnected, SewerConnected, WaterConnected
  • Location Information

    Direction: Hwy 29 to the 11th Street exit. Turn right onto 11th Street, then turn right onto S. Forbes Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
110 Marina Dr N, Lakeport, CA, 95453 $300,000 2 1 1,571 1,571 SqFt
1832 Montana Vista, Lakeport, CA, 95453 $299,900 3 3 1,548 1,548 SqFt
211 Mariah, Lakeport, CA, 95453 $360,000 2 2 1,248 1,248 SqFt
1741 Montana Vista, Lakeport, CA, 95453 $349,000 2 1 1,248 1,248 SqFt
1633 Montana Vista, Lakeport, CA, 95453 $289,000 3 2 1,548 1,548 SqFt

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ByOwner last updated this listing 08/16/2026 @ 06:06

MLS: LC26173498 LISTED BY: Trista Fossa, W Real Estate 707-591-0570 SOURCE: CRMLS

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