510 Lake Street- Experience an incredible investment opportunity at 510 Lake Street, Bakersfield, CA, where six bread and butter 2-bedroom/1-bath units await in this property constructed in 1979. Priced attractively at $600,000, each unit costs only $100,000, making it an exceptional deal. With a Gross Rent Multiplier of 9.81, this property promises solid returns, reflecting its potential for lucrative rental income. Don't miss out on this chance to secure a profitable asset in a desirable location. Three units have immediate rent upside.
Sold
$540,000
510 Lake St, Bakersfield, CA 93305
--beds
--baths
4,608sqft
Multi Family
Built in 1979
-- sqft lot
$571,000 Zestimate®
$117/sqft
$1,146 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 23, 2024 at 01:12pm
Listed by:
Marc A Thurston DRE #1099353 661-889-6597 thurston@asuassociates.com,
ASU Commercial
Bought with:
Marc A Thurston, DRE #1099353
ASU Commercial
Source: Bakersfield AOR,MLS#: 202401804

Facts & features
Interior
Interior area
- Total structure area: 4,608
- Total interior livable area: 4,608 sqft
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 7,405 sqft
Details
- Parcel number: 01415013
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1979
Community & neighborhood
Location
- Region: Bakersfield
- Subdivision: Town Of Kern
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$571,000
2% more+$11,420
With Zillow Showcase(estimated)$582,420