Great investment opportunity!!! Convenient location. One unit has long-term tenants. The other is freshly renovated with NEW cabinets, sink, and counters in the kitchen; new laminate floors (NO CARPET!!!); and new water heater! Kitchen and bathroom have newer tile. It is rent ready and will likely have a tenant in place by COE (renting $700/month). There is also an existing 3rd building with plumbing and electrical that just needs a new roof and to be built-out for an additional unit. R-4 Zoning allows for up to 1 unit per 600 SF of lot space subject to parking and setback requirements (up to 12 units on this parcel!!)
Off market
$291,200
1004 Lake St, Bakersfield, CA 93305
--beds
0baths
1,308sqft
MultiFamily
Built in 1949
-- sqft lot
$291,200 Zestimate®
$223/sqft
$1,022 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Wall
Cooling
- Other
Interior area
- Total interior livable area: 1,308 sqft
Property
Parking
- Parking features: Off-street, Garage
Lot
- Size: 7,527 sqft
Details
- Parcel number: 01535016
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1949
Community & neighborhood
Location
- Region: Bakersfield
Other
Other facts
- Property Type: Residential Income
- Property Subtype 1: Duplex
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$291,200
2% more+$5,824
With Zillow Showcase(estimated)$297,024