2 months on rocket

125 S Forbes St, Lakeport, CA, 95453

$555,000

Home List Price

$6,591*

Closing Credit

0 Baths
Multi

Location

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125 S Forbes St, Lakeport$555,000

Buyer Closing Credits

$6,591*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingBoat
Year Built1930
CoolingDuctless
FireplaceNone
ViewNeighborhood
MLS #LC24187119
Lot Size0.13 Acres
StatusActive

About 125 S Forbes St

Historic charmer, live in one unit and rent the other two, or rent out this unique triplex in downtown Lakeport, averaging approximately 7% cap rate. Featuring 3 units, 1bed room one bath each, with off the street parking, storage shed, front yard, plus a shaded and private back yard with raised garden beds. Front 2 units are occupied with long term renters and back unit has been reserved for vacation rentals hosting fishermen, and tourists through the year. Only a couple of blocks away from the public boat ramp, park, restaurants and shops. Back unit is the largest with private deck and direct access to the back yard, unit #2 has a loft bedroom and it is the smallest of the units. Front unit or #1 faces the street. All units have street entrance through the covered side deck.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1930
  • Stories: 1

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (707) 485-2922
  • Listing Agent: Mara Eichelmann

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Range
  • Interior: Partially Furnished, Wood Product Walls, Bedroom on Main Level, Loft, Main Level Primary
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Boat

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Cooling: Ductless

Other

Directions Information:

  • Directions: Hwy 20 to 11th St Exit to Forbes

Price Information

Listing Price Info

Price Summary:

  • List Price: $555,000

Tax Information:

  • Annual Amount: $2,925
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lakeport, CA.

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Lakeport, CA

City

Med. Sold Price

$341K

Med. Price/SqFt

$249

Avg. Days On Market

51

# of Sold Homes

7

125 S Forbes St vs Lakeport

66 DAYS ON ROCKET

+15 Days

$555,000

+$214K More

KEY TAKEAWAY

This property is $214K more than the Median Sold Price in Lakeport, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #LC24187119

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (707) 485-2922
  • Listing Agent: Mara Eichelmann

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 6:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 20, 2018Home Sold
$240,000
Mar 07, 2001Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,925$247,335
2020$2,911$244,800
2019$1,873$240,000
2018$1,874$150,714
2017$1,862$147,760

History based on county public records data.

Payment Calculator

$2,837

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,730

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-417844
3
/10

  • Lakeport Elementary School

  • 150 Lange St

  • 1.24 miles

  • Public District Grades KG-3

school-card-donut-417845
3
/10

  • Kelseyville Elementary School

  • 5065 Konocti Rd

  • 6.99 miles

  • Public District Grades KG-5

school-card-donut-417846
3
/10

  • Upper Lake Elementary School

  • 679 2nd St

  • 8.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,853. The majority of Lakeport, CA residents have income less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Lake County›Lakeport›95453›125 S Forbes St

This home is located at 125 S Forbes St in Lakeport, CA and zip code 95453. This home, which was built in 1930, sits on a 0.13 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $555,000.

In October 2024, from all listings sold in Lakeport, CA there were more than 0 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price. The number of homes for sale in Lakeport, CA increased by 15.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 51 days, the median list price was $341,000.

From Rocket Homes Real Estate and based on county public records data.

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