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1429 Lake Street, Bakersfield, CA 93305
$385,000
1429 Lake Street, Bakersfield, CA 93305View this property at 1429 Lake Street, Bakersfield, CA 93305
1429 Lake StreetBakersfieldCA93305
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Property Description
Unlimited potential on this 4-Plex property! Here is an excellent chance for investors and first time home buyer to own a property with room for growth. Front first is 2 bedroom + 1 bathroom with front yard space. The remaining 3 units are 1 bedroom + 1 bathroom. Three (3) of the units are occupied, one (1) unit is vacant, on the ground level. Units have been upgraded over the years by the owner and well maintained. The vacant unit is newly remodeled. There are 4 parking spaces near the entrance of the building. Tenants pay for their own Electric and Gas service. Rents are fairly below market for the area. Conveniently located minutes away from restaurants, shopping, schools and parks. Don't miss this great opportunity to live in one as an owner occupant or to add to your property portfolio.
Full Property Details
Full Property Details for 1429 Lake St
General
- Sold For: $385,000
- Status: Closed
- Type: Multi-Family
- MLS ID: GD22097776
- Added to Site: 731 day(s) ago
Interior
- Rooms/Areas: Living Room
- Appliances: Gas & Electric Range, Gas Oven, Range Hood
- Flooring: Carpet, Tile
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: BKSF - Bakersfield
- County: Kern
- Development Name: BKSF - Bakersfield
- Driving Directions: From Monterey St, head south on Haley St and turn left onto Lake St Cross Streets: Monterey St
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
Utilities
- Water: Public
- # Water Meters: 4
- # Gas Meters: 1
- # Electric Meters: 4
Structural Information
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,312
- Year Built: 1964
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.13
- Lot Size Source: Public Records
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $166.52
- Price Per Unit: 95750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed and Sold by JohnHart Real Estate, Greg Zhamkochyan
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Schools
Schools serving 1429 Lake St
School Districts:Bakersfield City Schools, Kern High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1201 Williams St, Bakersfield, CA 93305 | K-5 | 0.2 mi | |
2551 Morning Dr, Bakersfield, CA 93306 | 6-8 | 3.8 mi | |
2200 Quincy Dr, Bakersfield, CA 93306 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1429 Lake St
Date
Details
Price
Change
Source
8/05/2022
Sold
$385,000
0.52%
MLS
6/06/2022
Price Reduced
$383,000
-8.81%
MLS
5/11/2022
Listed
$420,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1429 Lake Street, Bakersfield, CA 93305 (MLS# GD22097776) is a Multi-Family property that was sold at $385,000 on August 05, 2022. Want to learn more about 1429 Lake Street? Do you have questions about finding other Multi-Family real estate for sale in Bakersfield? You can browse all Bakersfield real estate or contact a Coldwell Banker agent to request more information.