1314 Lake

Bakersfield, CA 93305

Sold Price

$450,000

Price

$449,900

Closing Date

Dec 03, 2021

MLS#

202104348

Status

SOLD

Type

Multifamily

SubType

5 - 10 Units

City

Bakersfield

Area

Northeast

County

Kern

Living Area

4,148

Year Built

1957

Lot Size

7,500

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

Additional Information

Stories

2

property image
(661) 243-7282

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Daniel Mena with Golden Valley Real Estate Group

Courtesy of Daniel Mena with Golden Valley Real Estate Group

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
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