2501 Lake St
Bakersfield, CA 93306

Bd   — Ba   1,728 Sqft
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.
  • Zipcode: 93306
  • Days on Movoto: 11
  • Year Built: 1948
  • HOA:
  • $/Sqft: $119
  • Lot: 5,691 Sqft
  • Property Type: Single Family
  • MLS#: 21703111
  • MLS: GEMLS
  • Listing Office: Keller Williams Realty
  • Listed By: Phil M Jordan
  • Movoto last checked GEMLS for new data 2 days ago
  • GEMLS last updated this listing 1 week ago

Home Features

Overview
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Property History

Status
Date
Price
Listed
Mar 18, 2017
$205,000
#21703111
Sold
Jan 27, 2017
$135,000
Pending
Nov 1, 2016
Listed
Sep 8, 2016
$135,000
#21610951
2501 Lake St in ZIP code 93306 is a single family home currently listed for $205,000. This is 5% below the median of $215,900 for 93306 and 17% below the median price of $247,900 for the city of Bakersfield, CA. As of today, , there are 231 properties listed for sale in the 93306 area and 1,478 properties listed for sale in Bakersfield. Of those 1,478 properties for sale, 1,476 are single family homes and 2 are condos. 2501 Lake St is approximately 1,728 square feet, 2% below the Bakersfield median of 1,763 and 5% below the 93306 ZIP code median of 1,814. The price per Sqft is $119, which is 0.8% below the median price in 93306 of $120 and 10% below the Bakersfield median of $132 per square foot.
Built in 1948, this single family house at 2501 Lake St is approximately 1,728 square feet and comes with 4 parking spots. It is listed on 03/18/2017 with a cost per Sqft of $119. 2501 Lake St is located in the Bakersfield City. The closest school is Horace Mann Elementary School.

2501 Lake St has been on the market for 11 days. The median days on the market for properties in this area is 47 with a median list price of $247,900 and median cost per square foot of $132. It's currently listed as active under the MLS #21703111.

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