2425 Alta Sierra

    Lake Isabella, CA 93240
    • $154,900
    • STATUS: CONTINGENT
    • ON SITE: 8 days
    • ID#: 301747360
    Under Contract
    $154,900
    • 3
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Excellent duplex for first time investors. Occupy one and rent out the other, or rent out both. Affordable and well maintained duplex of 2 bedrooms, 1 bath with huge 2 car garage and 1 BR with 1 Bath without a garage and instead with a huge yard with fruit trees (cherry & peach). Larger unit is approximately 1025 sq. ft. The 1 BR is approximately 680. Large living rooms, bedrooms and spacious kitchens make these units a perfect size for a first home and investment. View of mountains. A great beginning for Excellent duplex for first time investors. Occupy one and rent out the other, or rent out both. Affordable and well maintained duplex of 2 bedrooms, 1 bath with huge 2 car garage and 1 BR with 1 Bath without a garage and instead with a huge yard with fruit trees (cherry & peach). Larger unit is approximately 1025 sq. ft. The 1 BR is approximately 680. Large living rooms, bedrooms and spacious kitchens make these units a perfect size for a first home and investment. View of mountains. A great beginning for any one who can put together a little cash. Try low down conventional financing to own rather than rent. Call agent for an analysis to suit your budget. This is a Trust Sale. No Court approval is necessary. The property is being sold in its current "AS IS, WHERE IS CONDITION." HUD APPROVED rent increase on 1 BR of $667.00 Great cap rate for a small investment.

    Monthly Payment Calculator

    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/100663213

    2425 Alta Sierra Lake Isabella, CA 93240

    • Price: $154,900
    • Status: CONTINGENT
    • ID#: 301747360
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    1958
    Built
    Neighborhood:
    Lake Isabella (93240)
    County:
    Kern
    Area:
    Lake Isabella (93240)
    Property Description
    Excellent duplex for first time investors. Occupy one and rent out the other, or rent out both. Affordable and well maintained duplex of 2 bedrooms, 1 bath with huge 2 car garage and 1 BR with 1 Bath without a garage and instead with a huge yard with fruit trees (cherry & peach). Larger unit is approximately 1025 sq. ft. The 1 BR is approximately 680. Large living rooms, bedrooms and spacious kitchens make these units a perfect size for a first home and investment. View of mountains. A great beginning for Excellent duplex for first time investors. Occupy one and rent out the other, or rent out both. Affordable and well maintained duplex of 2 bedrooms, 1 bath with huge 2 car garage and 1 BR with 1 Bath without a garage and instead with a huge yard with fruit trees (cherry & peach). Larger unit is approximately 1025 sq. ft. The 1 BR is approximately 680. Large living rooms, bedrooms and spacious kitchens make these units a perfect size for a first home and investment. View of mountains. A great beginning for any one who can put together a little cash. Try low down conventional financing to own rather than rent. Call agent for an analysis to suit your budget. This is a Trust Sale. No Court approval is necessary. The property is being sold in its current "AS IS, WHERE IS CONDITION." HUD APPROVED rent increase on 1 BR of $667.00 Great cap rate for a small investment.
    Exterior Features

    Pool N/K

    Interior Features

    Cooling Swamp Cooler(S) Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Units With Range Oven 2 Units With Refrigerators 1

    Property Features

    Actual Cap Rate 7.8 Annual Expense Actual 4231 Buildings 1 Gross Rent Multiplier Actual 9.47 Gross Scheduled Income Actual 16344 Sewer Septic Septic Installed Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 695 Unit2 Rent Actual 667 Water Meter On Property

    Listing provided courtesy of Landmark Realtors. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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