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6 Beds
7 Baths

$517,700

125 S Forbes Street, Lakeport CA, 95453

Price per sqftN/A
Built in1930
Property typeMulti-family

Overview

Active

Listed Aug 8, 2026

Updated 4 weeks ago

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 2025 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.

$3,444/mo

Est. mortgage payment based on a $517,700 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
326068368

Interior Features

Bedrooms
6
Bathrooms
7
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Listed by Trista Fossa (DRE #01976772) with W Real Estate

Listing Contact:  

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