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Commercial Property — 2815 Lakeshore Boulevard, Lakeport, CA

$1,100,000

2815 Lakeshore Boulevard, Lakeport, CA

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About this property

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.

Property details

Square feet
6,020
Year built
1963
Property type
CommercialSale

Location

2815 Lakeshore Boulevard • Lakeport, CA 95453

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Listed by

Steve Belluomini · Corcoran Icon Properties