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4-Unit Multifamily Property
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1417 Lake Street, Bakersfield, CA 93305

Four residential units form a compact multifamily property in Bakersfield.

Property SizeContact for details
Days on Market6

Property Features for 1417 Lake Street

General Information

Standard status Active
Property subtype Multifamily

Property Condition

Severity Repairs Needed
Evidence selectively renovate interior portions

Additional Details

Gross Income $36,600
Multifamily Units 4
Listing Agency: MRM & Associates, Realtors
Listed By: Steve Rangel · License #CA 01356820
Source: Crexi
Added: Sep 22 Changed: Sep 24 Last Checked: Sep 26 at 3:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MRM & Associates, Realtors

Investment Insights

Based on property information with market context.

This Bakersfield multifamily property contains four residential units and has central air. The property is located at 1417 Lake Street in Bakersfield, California.

Key Highlights

  • Four residential units
  • Central air

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Daycare Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,319
Businesses Nearby

Demographics for 93305, CA

38,392
Population
11,824
Households
3.2
Avg Household Size
29
Median Age
9%
College-Educated
64%
High-School Grad
5.8 sq mi
ZIP Area
6,619
Density / Sq Mi
$41,290
Median Household Income
$27,936
Median Earnings
$1,065
Median Rent
$245,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units form a compact multifamily property in Bakersfield.
Where is this quadplex located?
The property is located at 1417 Lake Street Bakersfield, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four residential units; Central air
More about this property
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