2501 Lake St
Bakersfield, CA 93306

Bd   — Ba   1,728 Sqft    61 Days
Wow! What a great new offering on the market! The property consists of two duplex buildings that have received some refurbishing in recent few weeks. The units should be fully occupied by end of month with very stable tenants. 3 have scheduled rents of $550,550,525. The 4th unit has long-term tenant at $500, that can be raised. The 8 GRM is an excellent multiplier for a property with stable tenants and already refurbished condition. Won't last long!The property is located in East Bakersfield a few blocks East of Mt. Vernon in a pleasant peaceful blue collar working area. Many residents in the area have lived here all their lives. All shopping, schools, and employment centers are very close by.
  • $0 HOA
  • $111/Sqft
  • MLS#21703111 provided by Phil M Jordan of Keller Williams Realty
  • Movoto last checked GEMLS for new data 13 hours ago
  • GEMLS last updated this listing 2 months ago

Home Features for 2501 Lake Street , Bakersfield

Year Built: 1948
Square Footage: 1728
Property Subtype 1: 4 Units
Property Type: Residential Income
Lot Square Footage: 5691
Lot Measurement: SqFt
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Compare Similar Homes for 2501 Lake Street, Bakersfield

Price estimate is $209,088 based on the following nearby homes for sale which average $121/Sqft
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
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A 3.53 mi
2026 Orange St
  • $155,000
  • For Sale

    52 days

  • 1 Bd
  • 1 Ba
  • 1,242 Sqft
  • $125 /Sqft
  • 6,319 Sqft Lot
  • Built 1927
B 33.96 mi
42665 Old Stage Rd
  • $225,000
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    49 days

  • 1 Bd
  • 1 Ba
  • 1.56 Acres Lot
  • Built —
C 38.03 mi
2444 Tyndall Way
  • $159,000
  • For Sale

    29 days

  • 1 Bd
  • 1 Ba
  • 1,362 Sqft
  • $117 /Sqft
  • 0.26 Acres Lot
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YOU
ARE
HERE
2501 Lake St
  • $192,500
  • Sold

    61 days

  • — Bd
  • — Ba
  • 1,728 Sqft
  • $111 /Sqft
  • 5,691 Sqft Lot
  • Built 1948

Property History for 2501 Lake Street, Bakersfield

Status
Date
Price
Sold
May 18, 2017
$192,500
Pending
May 1, 2017
Price Change
Mar 29, 2017
$195,000
Listed
Mar 18, 2017
$205,000
#21703111
Sold
Jan 27, 2017
$135,000
Pending
Nov 1, 2016
Listed
Sep 8, 2016
$135,000
#21610951

Real Estate Market Statistics for 2501 Lake Street, Bakersfield

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2501 Lake Street

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$195K

2501 Lake Street

$242K

93306

2% y/y

93306

$255K

Bakersfield

0% y/y

Bakersfield

See all trends for Bakersfield
As of today, there are 239 properties listed for sale in ZIP code 93306 and 1,641 properties listed for sale in the city of Bakersfield, CA. This property at 2501 Lake St in 93306 was last listed for $192,500. This is 25% below the current $255,900 median price for Bakersfield and 21% below the median of $242,740 for 93306. Of the 1,641 properties for sale in Bakersfield, 1,632 are single family homes and 9 are condos. 2501 Lake St is a single family home that is approximately 1,728 square feet, 6% below the Bakersfield median of 1,837 and 10% below the 93306 ZIP code median of 1,930. The price per square foot was $111 which is 10% below the current median price in 93306 of $124 and 17% below the Bakersfield median of $133 per Sqft.
Built in 1948, this single family house at 2501 Lake St, Bakersfield CA, 93306 is approximately 1,728 square feet and comes with 4 parking spots. It was last listed with a cost per Sqft of $111. 2501 Lake St is located in the Bakersfield City. The closest school is Horace Mann Elementary School.

2501 Lake St, Bakersfield CA, 93306 was on the market for 61 days. The median days on the market for properties in this area is 46 with a median list price of $255,900 and median cost per square foot of $133. Its current status is sold under the MLS #21703111.

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