Skip To Content

1429 Lake Street

Bakersfield, CA 93305
  • $420,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: GD22097776
UPDATED: 55 min ago
$420,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Greg Zhamkochyan of Johnhart Real Estate ()


Description

Unlimited potential on this 4-Plex property! Here is an excellent chance for investors and first time home buyer to own a property with room for growth. Front first is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom. Three (3) of the units are occupied, one (1) unit is vacant, on the ground level. Units have been upgraded over the years by the owner and well maintained. The vacant unit is newly remodeled. 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 to live in one as an owner occupant or to add to your property portfolio.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128590573
Print Image

1429 Lake Street Bakersfield, CA 93305

  • Price: $420,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 55 min ago
  • ID#: GD22097776
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1964
Built
Neighborhood:
Not Applicable-105
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Unlimited potential on this 4-Plex property! Here is an excellent chance for investors and first time home buyer to own a property with room for growth. Front first is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom. Three (3) of the units are occupied, one (1) unit is vacant, on the ground level. Units have been upgraded over the years by the owner and well maintained. The vacant unit is newly remodeled. 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 to live in one as an owner occupant or to add to your property portfolio.
Exterior Features

Carport Spaces 0 Lot Features Rectangular Lot Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances Electric RangeGas OvenGas RangeRange Hood Common Walls No Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetTile

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 0 Common Interest None Community Features Sidewalks Current Financing Conventional Fuel Expense 0 Garage YN No Gross Income 3010 Gross Scheduled Income 0 Insurance Expense 0 Land Lease Amount 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 0 Net Operating Income 30062 New Construction YN No New Taxes Expense 0 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 4 Number Of Units Leased 0 Operating Expense 6058 Other Expense 0 Possession Close Of Escrow Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Unknown Special Listing Conditions Standard Supplies Expense 0 Tax Annual Amount 0 Total Actual Rent 0 Trash Expense 0 Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Water Source Public Zoning N/A



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T07:31:44.907. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874375-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874375-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_368874375-1.jpg
Logo
Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Greg Zhamkochyan of Johnhart Real Estate ()