677 Armstrong Street, Lakeport, CA 95453

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Sold Price
$975,000
List Price
$999,000
Closing Date
Jun 17, 2026
Status
CLOSED
MLS#
LC26099675
Year Built
1994
Lot Size
16,552
Acres
0.38
Lot Location
6-10 Units/Acre
Days on Market
3
Property Type
Multifamily
Property Sub Type
Triplex
Stories
Two Levels

Property Description

Exceptional investment opportunity featuring two well-maintained triplexes with strong pride of ownership throughout. This unique complex offers a total of six spacious units including four 3-bedroom, 1.5-bath units with attached 2-car garages and interior laundry rooms, plus two 2-bedroom, 1-bath units with oversized 3-car garages and laundry hookups. UNITS ARE SEPARATELY METERED tenants pay all utilities. Several units have received tasteful cosmetic upgrades, and all units are thoughtfully designed with large, open floor plans, abundant windows, and bright, airy living spaces. With direct garage access to every unit, the property offers a true condominium-style feel that tenants love. The low-maintenance exterior makes this property even more attractive for investors, while the recently painted exterior and roof replacement in 2017 reflect the seller’s ongoing commitment to upkeep and care. This is a clean, exceptionally well-maintained complex with excellent rental appeal — Property benefits from strong word- of- mouth tenant interest and consistent rental inquiries. Ideally located in the heart of downtown Lakeport, tenants enjoy close proximity to shopping, schools, restaurants, public transportation, and beautiful Clear Lake. With its desirable location, spacious unit design, and strong long-term rental demand, this property offers immediate income stability with outstanding future financial upside potential. A rare opportunity to own an attractive, high-demand multi-unit investment property with long-term growth potential.

Additional Information

Taxes
$10,305
Appliances
Electric Range, Refrigerator, Water Heater
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Wood Siding
Roof
Composition
Garage Spaces Total
11
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Open Floorplan
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$76,800
Operating Expense
19000

Listing courtesy of Listing Agent: Denise Marino (denisemarino@pacific.net) from Listing Office: RE/MAX Gold Lake County.

Listing sold by Mary Lunas from RE/MAX Gold Lake County

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.