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Sold for $365,000 on 01/23/23
    • Listing Provided by: 

    Isaac Guanajuato DRE #01427659 805-317-9365,

    Equinox Strategic Partners

    Bought with: UNIVERSAL WEST FINANCIAL & REALTY INC.
    $365,000

    1437 Lake St, Bakersfield, CA 93305

    --beds
    --baths
    2,312sqft
    Quadruplex
    Built in 1964
    -- sqft lot
    $440,100 Zestimate®
    $158/sqft
    $1,567 Estimated rent

    Owner options

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    $1,567/mo

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    $1,567/mo

    Rent Zestimate®

    Refinance and save

    $2,240/mo

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    $2,240/mo

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    What's special

    Price reduction to $389,000! Seller motivated. Under $100,000 per unit! Bakersfield is a stand-alone market within proximity to the LA market area that is pricing at a 6% plus cap rate. This property is priced at a 6.5% cap rate with rental adjustments, scheduled for 1/1/22, bringing the cap rate to 7.9%. Submit offers today. Turn-key profit-generating property. 4 units in the heart of Bakersfield. Perfect 1031 Exchange opportunity with immediate cash flow.

    Zillow last checked: 7 hours ago

    Listing updated: March 02, 2023 at 10:45am

    Listing Provided by:

    Isaac Guanajuato DRE #01427659 805-317-9365,

    Equinox Strategic Partners

    Bought with:

    Adam Olayiwola, DRE #01405928

    UNIVERSAL WEST FINANCIAL & REALTY INC.

    Source: CRMLS,MLS#: SB22242535MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: None
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,312
    • Total interior livable area: 2,312 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    Lot
    • Size: 5,663 sqft
    • Features: Street Level
    Details
    • Parcel number: 01542024000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1964

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Bakersfield

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $440,100
    2% more+$8,802
    With Zillow Showcase(estimated)$448,902

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