1314 Lake Street, Bakersfield, CA 93305

$450,000

$449,900

Est.Price: ?

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Est. payment /mo

4,148 SqFt


SOLD DATE : 12/03/2021

Key Details

Sold Price $450,000

Property Type Commercial

Sub Type 5 - 10 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,148 sqft

Price per Sqft $108

MLS Listing ID 202104348

Sold Date 12/03/21

Year Built 1957

Property Sub-Type 5 - 10 Units

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

Location

State CA

County Kern

Area 31

Exterior

Parking Features Uncovered, Other

Building

Story 2

Schools

Elementary Schools Williams_Bak

Middle Schools Stiern, Walter

High Schools East

School District Bakersfield City

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Golden Empire MLS (Bakersfield AOR)
Listed by Daniel Mena • Golden Valley Real Estate Group
Bought with Brandon W Goedhart • Watson Realty

Nearby Locations

Alex Daredia

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 903-3183

alex@sellkerncounty.com

9101 Camino Media, Bakersfield, CA, 93311, USA

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