Rare adjacent fourplex investment opportunity in Bakersfield. 2212 Lake Street consists of four 1-bedroom / 1-bath units totaling approximately 2,128 SF, with three units currently occupied and one vacant, providing in-place income with immediate value-add and lease-up potential.
The adjacent fourplex at 2208 Lake Street is also available for purchase, offering investors the opportunity to acquire up to eight units within the same immediate location. The properties may be purchased individually or together, making this an attractive opportunity for investors seeking scale, operational efficiency, and long-term portfolio growth.
2212 Lake Street is offered at $444,000, or $111,000 per unit. Current monthly rent is $2,550, with additional upside through stabilization. Please do not disturb tenants. Seller requests offers subject to interior inspection. Buyer to independently verify rents, expenses, property condition, zoning, and all underwriting assumptions.