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Terrace Apartments

$599,500

4584 South Terrace Avenue, Lakeport, CA 95453

Active
Last Updated: 11/04/2025

5

Cap Rate

4,000 sqft

Building Size

Details:
Cap Rate:    5%
Building Size:    4,000 sqft
Lot Area:    14,000 acres
Occupancy:    100%
Units:    5
Year Built:    1983
Zoning:    R1
Floors:    2
Heating:    Central
Cooling:    Window units
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.

 


www.clearlake.com

www.clearlake2050.com


Fully Rented

Pro Rata upside

Close to public transportaion

Map:
Location
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