Skip main navigation
Active
  • $527,000

    125 S Forbes Street, Lakeport, CA 95453

    3beds
    1,250sqft
    : 
    $3,402/mo
    Get pre-qualified
    Triplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $422/sqft
    $-- HOA

    What's special

    Investment opportunity in the heart of Lakeport! This charming and established triplex offers three 1-bedroom, 1-bath units, all currently occupied, providing immediate rental income from day one. Current rents total $3,625 per month, with long-term tenants who would like to remain, offering an attractive opportunity for an investor looking for an already-performing property. Classic character and a welcoming covered porch are complemented by important recent improvements, including a 2025 GAF Timberline HDZ-50 year composition roof with Golden Pledge warranty and mini-split heating and cooling systems. Each unit has its own private entrance, and the property features three separate electric meters, off-street parking, a storage shed, and a spacious shaded backyard with room to relax or garden. The three units each offer their own unique layout, including a larger rear unit with private outdoor space and a distinctive loft-style bedroom in Unit 2. Conveniently located just blocks from downtown Lakeport, Clear Lake, the public boat launch, parks, restaurants, shopping and local amenities, this property combines location, established rental history and recent capital improvements in one appealing investment package. Whether adding to an existing portfolio or purchasing a first income property, 125 S Forbes offers an opportunity to acquire an established three-unit property in the heart of Lakeport.
    15 days
    |
    276
    |
    6
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Trista Fossa DRE #01976772 707-349-3416,

    W Real Estate 707-380-0003

    Source: BAREIS,MLS#: 326068368MLS LogoOriginating MLS: Mendocino

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • Partial bathrooms: 1
      Heating
      • Ductless
      Cooling
      • Ductless
      Appliances
      • Laundry: Other
      Features
      • Unit 1 - Beds: 3, Baths: 3, Square Footage: 1500 | Unit 2 - Beds: 0, Baths: 0, Square Footage: 0 | Unit 3 - Beds: 0, Baths: 0, Square Footage: 0
      Interior area
      • Total structure area: 1,250
      • Total interior livable area: 1,250 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: On Street, Uncovered
      • Uncovered spaces: 4
      Features
      • Levels: Two
      Lot
      • Size: 5,662 Square Feet
      • Features: Curb(s), Sidewalk
      Details
      • Parcel number: 025321030000
      • Special conditions: Offer As Is,Trust

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Victorian
      • Property subtype: Triplex
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: Separate Meters
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
      HOA
      • Has HOA: No
      Location
      • Region: Lakeport

      Financial & listing details

      • Price per square foot: $422/sqft
      • Tax assessed value: $273,075
      • Date on market: 8/8/2026
      • Tenant pays: Cable TV, Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/8/2026Listed for sale$527,000+119.6%$422/sqft
        Source: CRMLS #LC26173498 Report a problem
        7/20/2018Sold$240,000-3.8%$192/sqft
        Source: Public Record Report a problem
        5/18/2018Pending sale$249,500$200/sqft
        Source: Country Air Properties #LC17193837 Report a problem
        12/4/2017Listed for sale$249,500$200/sqft
        Source: Country Air - Lakeport #LC17193837 Report a problem
        10/26/2017Pending sale$249,500$200/sqft
        Source: Country Air - Lakeport #LC17193837 Report a problem
        8/22/2017Listed for sale$249,500$200/sqft
        Source: Country Air - Lakeport #LC17193837 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $273,075 +2%
        2025$3,431 +2.5%$267,721 +2%
        2024$3,349 +1.3%$262,472 +2%
        2023$3,304 +8.1%$257,326 +2%
        2022$3,057 +1.2%$252,281 +2%
        2021$3,021 +3.3%$247,335 +1%
        2020$2,925 +0.5%$244,800 +2%
        2019$2,911 +55.4%$240,000 +59.2%
        2018$1,874 +0.6%$150,714 +2%
        2017$1,862 +2.8%$147,760 +2%
        2016$1,812 +1.1%$144,864 +1.5%
        2015$1,792 +7.4%$142,689 +2%
        2014$1,668 -1.1%$139,895 +0.5%
        2013$1,687 +1.4%$139,264 +2%
        2012$1,664 +2.4%$136,534 +2%
        2011$1,625 +0.3%$133,857 +0.8%
        2010$1,620 +16.2%$132,858 +17.3%
        2008$1,394 +17.2%$113,261 +18.5%
        2007$1,190 +1.4%$95,594 +2%
        2006$1,173 +4.2%$93,721 +2%
        2005$1,126 -1.1%$91,884 +2%
        2004$1,138 +1.2%$90,084 +1.9%
        2003$1,124 +0.4%$88,434 +2%
        2002$1,120 +218.8%$86,700 +319.8%
        2001$351 -9.9%$20,651
        2000$390 $20,651
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 95453

        Getting around

        77 / 100
        Very Walkable
        40 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

            • Local buyer's agents are ready to help