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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

Listed by Steve Belluomini • Corcoran Icon Properties

$1,100,000

Est. payment - /mo

6,020 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,020 sqft

Price per Sqft $182

MLS Listing ID ML82047351

HOA Y/N No

Year Built 1963

Lot Size 0.485 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Exclusive Investment Opportunity in Sacramento, CA This well-located multifamily asset near Lakeshore Boulevard in Lakeport presents a compelling opportunity for investors seeking stable cash flow with meaningful upside. With a majority of units in clean, original condition and key system upgrades already completed, investors are well-positioned to enhance value through strategic improvements and operational efficiencies. Seller is offering the additional lot for $200,000, presenting a rare chance to expand unit count and maximize overall project value. Spanning approximately 35,501 square feet, this parcel is zoned R3, allowing for higher-density residential development. Investors and developers have the ability to construct additional units in the rear, creating a compelling value-add or ground-up development play in a supply-constrained market.

Location

State CA

County Lake

Interior

Heating Other

Cooling Other

Fireplace No

Exterior

Handicap Access Other

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Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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2815 Lakeshore Boulevard Lakeport, CA 95453

Patricia Beattie

Key Details

Location

Interior

Exterior

Nearby School & Business

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