About This Home

This 3-bedroom, 4-bathroom multi-family at 125 S Forbes Street in Lakeport, CA is listed for $517,700. Built in 1930, on a 0.13 acres lot.

Key Features

  • Built in 1930
  • 0.13 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
3 full, 1 half
4 spaces
1930
Listing Description

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.

Monthly Cost Estimate

$2,769/mo

20% down · 6.5% · 30 years

Principal$374
Interest$2,243
Insurance$151

Estimates only. Actual payments may vary.

Location

125 S Forbes Street

Lakeport, CA 95453

Property Details

Parking

On StreetCovered

Heating

Ductless (Heating)

Cooling

Ductless

Questions & Answers

This 3-bedroom, 4-bathroom multi-family at 125 S Forbes Street is listed at $517,700. The estimated monthly payment is $2,769 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.13 acre lot, 2 stories, 4 parking spaces.

This property is listed by Trista Fossa.

TF

Trista Fossa

Agent at W Real Estate

Listed by W Real Estate · Broker phone: (707) 591-0570 · View on Broker Site · Broker website

MLS# 326068368· Source: Bay Area Real Estate Information Services, Inc.· 4 days on PropertySimple

Copyright © 2026 Bay Area Real Estate Information Services, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

125 S Forbes Street, Lakeport, CA 95453

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