4584 S Terrace, Lakeport, CA 95453

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$555,000
List Price
$599,500
Closing Date
Feb 17, 2026
Status
CLOSED
MLS#
LC25245051
Year Built
1983
Lot Size
13,939
Acres
0.32
Lot Location
2-5 Units/Acre, Back Yard, Front Yard, Level
Days on Market
31
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

5-Unit Income Property – Fully Rented and Well-Maintained Excellent opportunity to own a solid income-producing 5-unit apartment complex. All units are larger than average and separately metered for electricity. The property offers ample parking, individual tenant storage units, and a shared laundry room with washer and dryer. A spacious common area and backyard patio provide additional tenant appeal. Located in a quiet neighborhood with light traffic, this property boasts full occupancy and steady cash flow — ideal for investors seeking a turnkey asset with minimal management needs.

Additional Information

Pool Description
None
Heat
Baseboard
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Garage Spaces Total
5
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5

Listing courtesy of Listing Agent: James Magliulo (jim@countryair.com) from Listing Office: Country Air Properties.

Listing sold by James Magliulo from Country Air Properties

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.