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    Lake Isabella, CA Multifamily Properties for Sale

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    Lake Isabella Multifamily Investment Opportunity
    Updated: May 17
    Lake Isabella Multifamily Investment Opportunity

    5308 Lake Isabella Boulevard, Lake Isabella, CA 93240

    $160,000
    1,884 sqft 0.17 AC lot
    Income‑producing potential with 3 separate residential units currently rented.
    Centrally located in Lake Isabella, close to shopping, dining, and everyday conveniences.
    High visibility location with easy access along Lake Isabella Blvd.
    Investor opportunity with value‑add potential in the growing Kern River Valley market.
    Flexible potential for rental income, mixed‑use possibilities, or a long‑term hold asset.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 26 Potential Opportunities for your consideration. Besides 1 Active listings in Lake Isabella, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 18 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Mixed-Use Income Building
    Mixed-Use Income Building

    16 Tobias St, Kernville, CA

    $775,000
    5,570 sqft

    Two-story building with flexible first-floor retail space and three upstairs apartments.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    12119 Edison Hwy, Bakersfield, CA 93307

    $379,999
    2,397 sqft 0.72 AC lot

    Five separately metered units provide a varied residential configuration on a sizable parcel.

    View details
    Turnkey Bakersfield Duplex Investment
    Turnkey Bakersfield Duplex Investment

    106 E Warren Avenue #A & B, Bakersfield, CA 93308

    $380,000
    0.15 AC lot

    Duplex with long-term tenants and professional management in place.

    View details
    Mobile Home and RV Park
    Mobile Home and RV Park

    24 Sirretta St, Kernville, CA 93238

    Contact for pricing

    81-space mobile home and RV park with beachfront access on the Kern River.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lake Isabella Build-Ready Lot
    Lake Isabella Build-Ready Lot

    2517 Webb Ave, Lake Isabella, CA 93240

    $30,000
    0.20 AC lot

    Single-family lot with utilities in established Lake Isabella neighborhood.

    View details
    Scenic Land with Sweeping Views
    Scenic Land with Sweeping Views

    394 Rim Rd, Bodfish, CA 93205

    Contact for pricing
    4.37 AC lot

    4.37-acre parcel with lake, mountain, and valley views.

    View details
    Vacant Land with Lake Frontage
    Vacant Land with Lake Frontage

    630 Evans Rd, Wofford Heights, CA 93285

    $399,000
    3.49 AC lot

    Vacant land in R-F zoning with documented plans and approximately 1,200 feet of lake high-water line.

    View details

    Off-Market Properties in Lake Isabella, CA

    Consider similar Off-Market properties in Lake Isabella, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    12072 Mtn Mesa Rd
    CAMPGROUND, RV PARK

    12072 Mtn Mesa Rd, Lake Isabella, CA 93240

    $260,000
    Estimated value
    0.96 AC lot
    View details
    2708 Erskine Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    2708 Erskine Crk Rd, Lake Isabella, CA 93240-9242

    $310,000
    Estimated value
    1.96 AC lot
    View details
    6950 Lk Isabella Blvd
    MOBILE HOME PARK, TRAILER PARK

    6950 Lk Isabella Blvd, Lake Isabella, CA 93240-9479

    $750,000
    Estimated value
    34 sqft 4.31 AC lot
    View details
    2100 Crestview Ave
    APARTMENT HOUSE (5+ UNITS)

    2100 Crestview Ave, Lake Isabella, CA 93240-9225

    $350,000
    Estimated value
    3,078 sqft 0.31 AC lot
    View details
    2807 Erskine Crk Rd
    MOBILE HOME PARK, TRAILER PARK

    2807 Erskine Crk Rd, Lake Isabella, CA 93240-9039

    $480,000
    Estimated value
    11.95 AC lot
    View details
    3820 Golden Spur St
    APARTMENT HOUSE (5+ UNITS)

    3820 Golden Spur St, Lake Isabella, CA 93240-9377

    $400,000
    Estimated value
    5,760 sqft 0.59 AC lot
    View details
    12106 Hwy 178
    CAMPGROUND, RV PARK

    12106 Hwy 178, Lake Isabella, CA 93240-9711

    $425,000
    Estimated value
    1,872 sqft 1.04 AC lot
    View details
    2024 Commercial Ave
    MOBILE HOME PARK, TRAILER PARK

    2024 Commercial Ave, Lake Isabella, CA 93240

    $295,000
    Estimated value
    0.66 AC lot
    View details
    6400 Lynch Cyn Dr
    APARTMENT HOUSE (5+ UNITS)

    6400 Lynch Cyn Dr, Lake Isabella, CA 93240-9064

    $265,000
    Estimated value
    5,812 sqft 0.36 AC lot
    View details
    11936 Hwy 178
    CAMPGROUND, RV PARK

    11936 Hwy 178, Lake Isabella, CA 93240-9701

    $380,000
    Estimated value
    5.23 AC lot
    View details
    12201 Mtn Mesa Rd
    MOBILE HOME PARK, TRAILER PARK

    12201 Mtn Mesa Rd, Lake Isabella, CA 93240

    $1,205,000
    Estimated value
    152,024 sqft 3.49 AC lot
    View details
    2410 Ronita Ln
    MOBILE HOME PARK, TRAILER PARK

    2410 Ronita Ln, Lake Isabella, CA 93240-9474

    $295,000
    Estimated value
    5.59 AC lot
    View details
    4660 Cortina Dr
    Multifamily properties

    4660 Cortina Dr, Lake Isabella, CA 93240

    Value Estimation by Request
    3,020 sqft
    View details
    4670 Cortina Dr
    Multifamily properties

    4670 Cortina Dr, Lake Isabella, CA 93240

    Value Estimation by Request
    10,018.00 AC lot
    View details
    4400 Lk Isabella Blvd
    MOBILE HOME PARK, TRAILER PARK

    4400 Lk Isabella Blvd, Lake Isabella, CA 93240

    $305,000
    Estimated value
    2,419 sqft 0.67 AC lot
    View details
    6540 Lk Isabella Blvd
    MOBILE HOME PARK, TRAILER PARK

    6540 Lk Isabella Blvd, Lake Isabella, CA 93240-9265

    $300,000
    Estimated value
    1.49 AC lot
    View details
    2701 Erskine Crk Rdi
    APARTMENT HOUSE (5+ UNITS)

    2701 Erskine Crk Rdi, Lake Isabella, CA 93240-9610

    $560,000
    Estimated value
    29,986 sqft 2.66 AC lot
    View details
    2701 Erskine Crk Rdii
    APARTMENT HOUSE (5+ UNITS)

    2701 Erskine Crk Rdii, Lake Isabella, CA 93240-9610

    $580,000
    Estimated value
    24,784 sqft 2.37 AC lot
    View details

    Lake Isabella, CA Multifamily Properties Market Trends and Statistics

    Explore 19 multifamily properties for sale in Lake Isabella, CA on our real estate platform. These investment opportunities span a total of 1,884 square feet of properties for sale, with an estimated market value of $160,000.

    Sale prices for multifamily properties in Lake Isabella, CA average $160,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 5,622
    Population Growth (5Y) -11.4%
    Median Household Income $28,535
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lake Isabella submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93240 $160K

    Taxes & Financing

    Tax Rate (average for all types) 1.18%
    Property Tax per SF $23.52 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kern County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Kern County

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    Office

    Residential Income

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