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1429 Lake Street

Bakersfield, CA 93305
  • $420,000
  • STATUS: ACTIVE
  • ON SITE: 7 Days
  • ID#: GD22097776
UPDATED: 33 min ago
$420,000
  • 3
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Unlimited potential on this 4-Plex property! Here is an excellent chance to own a property with room for growth. Front unit is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom each. Three (3) of the units are occupied, on the ground level and have been upgraded over the years by the owner and well maintained with wall AC units. There are 4 parking spaces near the entrance of the building. Tenants pay for their own Electric and Gas service. Rents are fairly below market for the area. Conveniently located minutes away from restaurants, shopping, schools and parks. Don't miss this great opportunity! Unlimited potential on this 4-Plex property! Here is an excellent chance to own a property with room for growth. Front unit is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom each. Three (3) of the units are occupied, on the ground level and have been upgraded over the years by the owner and well maintained with wall AC units. There are 4 parking spaces near the entrance of the building. Tenants pay for their own Electric and Gas service. Rents are fairly below market for the area. Conveniently located minutes away from restaurants, shopping, schools and parks. Don't miss this great opportunity!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/128591303
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1429 Lake Street Bakersfield, CA 93305

  • Price: $420,000
  • Status: ACTIVE
  • On Site: 7 Days
  • Updated: 33 min ago
  • ID#: GD22097776
3
Beds
0
Baths
0
½ Baths
0.13
Acres
Neighborhood:
Bakersfield (93305)
County:
Kern
Area:
Bakersfield (93305)
Property Description
Unlimited potential on this 4-Plex property! Here is an excellent chance to own a property with room for growth. Front unit is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom each. Three (3) of the units are occupied, on the ground level and have been upgraded over the years by the owner and well maintained with wall AC units. There are 4 parking spaces near the entrance of the building. Tenants pay for their own Electric and Gas service. Rents are fairly below market for the area. Conveniently located minutes away from restaurants, shopping, schools and parks. Don't miss this great opportunity! Unlimited potential on this 4-Plex property! Here is an excellent chance to own a property with room for growth. Front unit is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom each. Three (3) of the units are occupied, on the ground level and have been upgraded over the years by the owner and well maintained with wall AC units. There are 4 parking spaces near the entrance of the building. Tenants pay for their own Electric and Gas service. Rents are fairly below market for the area. Conveniently located minutes away from restaurants, shopping, schools and parks. Don't miss this great opportunity!
Exterior Features

Pool N/K Site Sidewalks Units With Patios 0

Interior Features

Cooling Wall/Window Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Units With Cooling 4 Units With Range Oven 0 Units With Refrigerators 0 Units With Washers 0

Property Features

Actual Cap Rate 0.0 Annual Expense Actual 0 Assessments N/K Buildings 1 Cfd Mello Roos Fee 5181.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Home Owners Fees 0.0 Possession Close Of Escrow Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 830.0 Unit2 Rent Actual 1450.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Johnhart Real Estate. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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