NOT LISTED FOR SALE

1314 Lake St Bakersfield, CA 93305

East Bakersfield Neighborhood
-- Bed
-- Bath
4,148 Sq Ft
7,500 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $450,000 $108 Per Sq Ft

About This Home

As of December 2021

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

Last Agent to Sell the Property

Daniel Mena

Golden Valley RealEstate Group License #01422062 Listed on: 04/22/2021

Last Buyer's Agent

Brandon Goedhart

Watson Realty License #02045854

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,500 Sq Ft Lot

Parking

  • Uncovered Parking

Interior Spaces

  • 4,148 Sq Ft Home
  • 2-Story Property

Schools

  • Williams Bak Elementary School
  • Stiern Middle School
  • East High School

Listing and Financial Details

  • Assessor Parcel Number 01532013

Community Details

Overview

  • 5 Units
  • Kern Subdivision

Building Details

  • Gross Income $41,940
  • Net Operating Income $35,584

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1957
  • Building Stories: 2
  • Property Sub Type: 5 - 10 Units
  • Special Features: None
  • Stories: 2

Interior Features

  • Living Area: 4148.00

Exterior Features

  • Disclosures: None of the Above

Garage/Parking

  • Parking Features: Uncovered, Other

Utilities

  • Heatcool: Central AC,Central Heat

Schools

  • High School: East
  • Middle Or Junior School: Stiern, Walter

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Parcel #: 01532013

Multi Family

  • Total Annual Expense: 6356.00
  • Vacancy Factor: 0.01
  • Number Of Units Total: 5
  • Annual Gross Income: 41940.00
  • Property Net Operating Income: 35584.00

MLS Schools

  • Elementary School: Williams_Bak

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $450,000 0.0% $108 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $449,900 -- $108 / Sq Ft
Source: Bakersfield Association of REALTORS® / GEMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daniel Mena

    Seller's Agent in 2021

    Daniel Mena

    Golden Valley RealEstate Group

    (661) 333-8513

    4 in this area

    21 Total Sales

    Daniel Mena
    Section Image
  • Brandon Goedhart

    Buyer's Agent in 2021

    Brandon Goedhart

    Watson Realty

    (951) 712-9118

    2 in this area

    47 Total Sales

    Brandon Goedhart
    Section Image
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Map

Source: Bakersfield Association of REALTORS® / GEMLS

MLS Number: 202104348

Bakersfield Association of REALTORS® / GEMLS
California Kern County Bakersfield 93305 East Bakersfield

1314 Lake St, Bakersfield, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bakersfield Association of REALTORS® / GEMLS Information is deemed reliable but not guaranteed.
Copyright Golden Empire MLS, Inc. 2025.

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