1437 Lake St Bakersfield CA 93305 MLS #SB22242535

1437 Lake St
Bakersfield, CA, 93305
$389,000
Beds
0 Baths
SqFt
0.13 Acres
$389,000
1437 Lake St
Bakersfield, CA, 93305
Price reduction to $389,000! Seller motivated. Under $100,000 per unit! Bakersfield is a stand-alone market within proximity to the LA market area that is pricing at a 6% plus cap rate. This property is priced at a 6.5% cap rate with rental adjustments, scheduled for 1/1/22, bringing the cap rate to 7.9%. Submit offers today. Turn-key profit-generating property. 4 units in the heart of Bakersfield. Perfect 1031 Exchange opportunity with immediate cash flow.

Property Details

Price:
$389,000 / $365,000
MLS #:
SB22242535
Status:
Closed ((Jan 23, 2023))
Baths:
0
Address:
1437 Lake St
Type:
Residential Income
Subtype:
Quadruplex
City:
Bakersfield
Listed Date:
Nov 12, 2022
State:
CA
ZIP:
93305
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1964

Schools

Interior

Exterior

Community Features
Suburban
Garage Spaces
0.00
Lot Features
Level with Street
Pool Features
None
Sewer
Public Sewer
Water Source
Public

Financial

Association Fee
0.00
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James

James

Co-Owner/ Broker/ Realtor®

Default 805 748-2262
Work Phone 805 481-3939

Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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1437 Lake St
Bakersfield, CA
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