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125 S Forbes

Lakeport, CA 95453
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Bed 3

Bed

Bath 3

Bath

SqFt5,663

Sqft(Lot)

Live in one and rent the others! A unique opportunity in the heart of Lakeport, this established triplex offers the flexibility to create a home while generating income from the other two units. With one unit expected to become available October 1st, an owner-occupant may have the opportunity to move in while continuing to collect rent from the remaining units. The property features three 1-bedroom, 1-bath units with current total rents of $3,625 per month while fully occupied. Long-term tenants would like to remain, providing established rental history and income for a future owner. Each unit has its own private entrance and unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Important recent improvements include a 2 025 GAF Timberline HDZ 50-year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. The property also offers three separate electric meters, off-street parking, a storage shed and a spacious shaded backyard with room to relax or garden. Located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, 125 S Forbes offers flexibility for both owner-occupants and investors. Live in one and let the other units help offset your housing expenses, or continue operating the property as an established income-producing triplex.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $517,700

AD Id : 89317575

MLS Id : LC26173498

Beds : 3

Lot Size : 5,663 Sq. Ft

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: $517700
    Original 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
1832 Montana Vista, Lakeport, CA, 95453 $299,900 3 3 1,548 2,178 Sq. Ft
1741 Montana Vista, Lakeport, CA, 95453 $349,000 2 1 1,248 3,920 Sq. Ft
1633 Montana Vista, Lakeport, CA, 95453 $289,000 3 2 1,548 2,614 Sq. Ft

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ByOwner last updated this listing 09/30/2026 @ 15:23

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

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