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1437 Lake St

Bakersfield, CA 93305
  • $479,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: SB21246939
UPDATED: 13 min ago
$479,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing provided courtesy of Josue Najera of Equinox Strategic Partners

Description

Priced to sell!Turn-key profit generating property.? 4 units in the heart of Bakersfield with under market rents still generating a 5.3% cap rate.? Perfect 1031 Exchange opportunity with immediate cashflow.?Submit an offer today.?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123216104
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1437 Lake St Bakersfield, CA 93305

  • Price: $479,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 13 min ago
  • ID#: SB21246939
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1964
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Priced to sell!Turn-key profit generating property.? 4 units in the heart of Bakersfield with under market rents still generating a 5.3% cap rate.? Perfect 1031 Exchange opportunity with immediate cashflow.?Submit an offer today.?
Exterior Features

Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.3 Common Interest None Community Features CurbsStorm Drain(S)Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 34200 Gross Scheduled Income 34200 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventionalFha Net Operating Income 25411 New Construction YN No New Taxes Expense 6083 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 8789 Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 3000 Trash Expense 1680 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Josue Najera of Equinox Strategic Partners