Listed By Coldwell Banker Preferred, REALTORS®, Laurie F McCarty

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2924 CLAIRE ST Lake Isabella, CA 93240

$1,199,000

Bedrooms

Total Baths

Full Baths

Square Feet

0.65

Acres

1964

Year Built

Active

Status

MLS#

202401209

Invest in your future with this lucrative opportunity! Priced competitively at $119,900 per unit, this property boasts over $240,000 in recent upgrades, ensuring optimal returns. With the surge in remote work, tenants prioritize lifestyle over commuting. Embrace this trend with breathtaking mountain views, lake proximity, and recreational amenities like hiking, boating, and fishing. This meticulously maintained 10-unit complex offers a promising investment with room for rent increases and appreciation. 6 units have been extensively renovated, fetching rents upwards of $1,100 for 2-bedroom units. The property comprises four duplexes (each 2 bd/1 ba, approx. 826 sf), one 1 bd/1 ba unit (approx. 520 sf), and a 3 bd/1 bath house (approx. 1528 sf). Outdoor amenities include BBQ facilities, landscaped grounds, and seating areas. With positive cash flow, strong cap rate, and attractive GRM, seize this rare chance for financial growth! Don't miss out on this exceptional investment opportunity!

Details for 2924 CLAIRE ST

Year Built
1964
Parking
8
Price / Sq Ft
No Info
HOA
No Info
Cooling
No Info
Heating
Yes
On Website
80 Days
Acres
0.65

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office Coldwell Banker Preferred, REALTORS®, 6163600

MLS# 202401209

Updated 11:59AM - 5/3/2024

Listing Agent Laurie F McCarty

Based on information from the Golden Empire MLS, Inc. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including measurements and calculations of area, is obtained from various resources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright © 2024 Bakersfield Association of REALTORS® and Golden Empire MLS. All Rights Reserved.

Area Information for 2924 CLAIRE ST

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