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    1314 Lake Street

    Bakersfield, CA 93305
    • $449,900
    • STATUS: Active
    • ON SITE: 153 days
    • ID#: 202104348
    UPDATED: 68 min ago
    $449,900
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,148
      SQFT
    • $108
      $/SQFT
    Neighborhood:
    31
    Type:
    Multi-Family
    Built:
    1957
    County:
    Area:
    31

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Multi-unit money maker with a 7.9 CAP rate which is almost non existent. Main house is 3 bedrooms, 1 bathroom. All 4 remaining units are 2 bedroom and 1 bathroom with laundry hook-ups and all units are fully occupied. Rents are low with reasonable upside for increases and all tenants are on a month to month lease

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Golden Valley Real Estate Group or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-09-23T13:31:47.55.
    www.century21jordanlink.com/homes/116356868
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    1314 Lake Street Bakersfield, CA 93305

    • Price: $449,900
    • Status: Active
    • Updated: 68 min ago
    • ID#: 202104348
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,148
    SQFT
    $108
    $/SQFT
    1957
    Built
    Neighborhood:
    31
    County:
    Kern
    Area:
    31
    Elementary School:
    Williams_Bak
    Middle School:
    Stiern, Walter
    High School:
    East
    School District:
    Bakersfield City
    Property Description
    Multi-unit money maker with a 7.9 CAP rate which is almost non existent. Main house is 3 bedrooms, 1 bathroom. All 4 remaining units are 2 bedroom and 1 bathroom with laundry hook-ups and all units are fully occupied. Rents are low with reasonable upside for increases and all tenants are on a month to month lease
    Exterior Features

    Garages 0 Parking UncoveredOther Parking Spaces 0.00

    Property Features

    Annual Gross Income 41940.00 Annual Net Income 35584.00 Cap Rate 0.08 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 6356.00 Vacancy Factor 0.01

    Listing courtesy of Daniel Mena of Golden Valley Real Estate Group.


    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Golden Valley Real Estate Group or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-09-23T13:31:47.55.
     
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    CENTURY 21 Jordan-Link & Co.
    2009 West Feemster Avenue
    Visalia CA, 93277