Home For Sale In Lake Isabella, California

house for sale

Listed: 03/17/24

2600 Irwin Avenue, Lake Isabella, Kern County, CA 93240, USA

Studio Bed:

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Price

$ 1,2M

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About This House

Invest in your future with this lucrative opportunity! Priced competitively at$119, 900per unit, this property boasts over$240, 000in 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, 100for 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!

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Houses for sale in Lake Isabella

Original listing

Lake Isabella Housing & Living

Household Income

Median household income: $32,996

Number of households: 1,851

The average household income in Lake Isabella, CA grew from $26,369 to $32,996 in the past year. This data is an estimate based upon 1,851 households in Lake Isabella, CA.
The chart below presents how household income is distributed in Lake Isabella, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lake Isabella, CA compared to median property taxes around the country. The prevalent amount of property taxes in Lake Isabella, CA equals $800-$1,500 , which is more than the national average.