Back 1314 Lake Street
Off Market

1314 Lake Street

Bakersfield CA 93305

11
5
4148 sq. ft.
7500 sq. ft.
Multi-Family
Last sold for $450,000
Daniel MenaDaniel Mena, last sold this property on 03 December 2021 after -1 days on market.

Overview

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

Features

11 bedrooms
5 bathrooms
4148 sq. ft. floor area
7500 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 11 bedroom multi families sold in Bakersfield over the last 12 months.

Property history for 1314 Lake Street

2021
Sold
$450,000
03 Dec 2021 by Daniel Mena, of Golden Valley Real Estate Group

Happy sellers in Bakersfield

100%
100% of sellers in Bakersfield reported that their sale price either exceeded or met their price expectations.

Bakersfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Bakersfield over the last 12 months.

Local market activity for 11 bedroom multi families in Bakersfield

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