510 Lake St, Bakersfield, CA 93305
- $540,000
- 4,608
- SqFt
- Sold Price
- $540,000
- List Price
- $600,000
- Closing Date
- Mar 22, 2024
- MLS#
- 202401804
- Status
- CLOSED
- Type
- Multifamily
- SubType
- Residential Income
- City
- Bakersfield
- Area
- Northeast
- County
- Kern
- Living Area
- 4,608
- Year Built
- 1979
- Lot Size
- 7,405
Property Description
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.
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Additional Information
- Parking Type
- Uncovered
- Stories
- 2
- Disclosures
- None of the Above
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Courtesy of Marc A Thurston with ASU Commercial
Courtesy of Marc A Thurston with ASU Commercial
Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2026 Bakersfield Association of Realtors. All Rights Reserved.
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