Triplex with Fenced
For Sale
$415,000
6401 Lynch Canyon Dr, Lake Isabella, CA 93240
Three separately metered residences, each with a private yard, garage, and fireplace.
Property Size2,818 SF
Price / SF$147.27
Days on Market65
Property Features for 6401 Lynch Canyon Dr
General Information
Standard status
Active
Size
2,818 SF
Property subtype
Residential Income
Listing Agency:
eXp Realty of Southern California, Inc
(888) 294-1415
Listed By:
Shawna Lea Corsi
(714) 349-2649
Source:
Exprealty
Added: Aug 12
Changed: Sep 14
Last Checked: Oct 15 at 1:10AM
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 eXp Realty of Southern California, Inc
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Investment Insights
Based on property information with market context.
This triplex contains three separate residences with a practical unit mix: the front home has 3 bedrooms and 2 baths, while the two rear homes each provide 2 bedrooms and 1 bath. Every unit includes its own fenced yard, garage, fireplace, and separate utility meters. The property sits on an approximately 9,147-square-foot lot and offers established rental use with distinct living spaces for multiple occupants.
Located in Mountain Mesa near Lake Isabella, the property is positioned close to lake recreation and the surrounding mountain setting. Its three-unit configuration and independently metered residences provide a straightforward format for residential income use or owner occupancy combined with additional units.
Located in Mountain Mesa near Lake Isabella, the property is positioned close to lake recreation and the surrounding mountain setting. Its three-unit configuration and independently metered residences provide a straightforward format for residential income use or owner occupancy combined with additional units.
Key Highlights
- Three separate residential units on an approximately 9,147 sq. ft. lot
- Front unit includes 3 bedrooms and 2 baths
- Two rear units each offer 2 bedrooms and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,174
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,480
$703.5K
Cap Rate 7%
$502,486
$502.5K
Cap Rate 9%
$390,822
$390.8K
Market Conditions
NOI Build-Up for 2,818 SF
Gross rent
$51.7K $18.36/SF
− Vacancy
−$1.5K −$0.53/SF
EGI
$50.2K $17.83/SF
− OpEx
−$15.1K −$5.35/SF
NOI
$35.2K $12.48/SF
Area
Kern County, CA
Vacancy
2.88%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,480
Cap Rate 7%
$502,486
Cap Rate 9%
$390,822
Alternative Uses
Best Use
Multifamily LT 5
$502.5K
$439.7K – $586.2K
NOI $35,174 @ 7.0% cap · market cap 8.48%
Second Best
Apartment 5plus
$463.8K
$405.8K – $541.1K
NOI $32,463 @ 7.0% cap · market cap 7.82%
Theoretical Best
Warehouse
$602.0K
$526.8K – $702.3K
NOI $42,140 @ 7.0% cap · market cap 10.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
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Business Placement
Demographics for 93240, CA
5,691
Population
3,319
Households
1.7
Avg Household Size
50
Median Age
10%
College-Educated
91%
High-School Grad
58.0 sq mi
ZIP Area
98
Density / Sq Mi
$28,535
Median Household Income
$30,898
Median Earnings
$1,129
Median Rent
$203,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separately metered residences, each with a private yard, garage, and fireplace.
Where is this triplex located?
The property is located at 6401 Lynch Canyon Dr Lake Isabella, CA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Three separate residential units on an approximately 9,147 sq. ft. lot; Front unit includes 3 bedrooms and 2 baths; Two rear units each offer 2 bedrooms and 1 bath
