2924 Claire Street Lake Isabella, CA 93240
Listing Courtesy of: BAKERSFIELD IDX / Coldwell Banker Preferred, Realtors / Laurie McCarty

  2924 Claire Street Lake Isabella, CA 93240

Active (71 Days)

Description

Invest in your future with this lucrative opportunity! Priced competitively at $119,900 per unit, this property boasts over $240,000 in recent upgrades, ensuring optimal returns. With the surge in remote work, tenants prioritize lifestyle over commuting. Embrace this trend with breathtaking mountain views, lake proximity, and recreational amenities like hiking, boating, and fishing. This meticulously maintained 10-unit complex offers a promising investment with room for rent increases and appreciation. 6 units have been extensively renovated, fetching rents upwards of $1,100 for 2-bedroom units. The property comprises four duplexes (each 2 bd/1 ba, approx. 826 sf), one 1 bd/1 ba unit (approx. 520 sf), and a 3 bd/1 bath house (approx. 1528 sf). Outdoor amenities include BBQ facilities, landscaped grounds, and seating areas. With positive cash flow, strong cap rate, and attractive GRM, seize this rare chance for financial growth! Don't miss out on this exceptional investment opportunity!

MLS #:
202401209
Lot Size
0.65 acres
Type
Multifamily
Year Built
1964
School District
Kernville Union
County
Kern County

Listed By

Laurie McCarty, DRE #01090506 CA, Coldwell Banker Preferred, Realtors
Source
BAKERSFIELD IDX
Last checked Apr 23 2024 at 4:11 AM GMT+0000
Bathroom Details
School Information
  • Elementary School: Wallace, W. W.
  • Middle School: Wallace, W. W.
  • High School: Kern Valley
Parking
  • Carport
Stories
  • 1
Location
   
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Disclaimer: Copyright 2024 Bakersfield MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/22/24 21:11