1131 Lincoln Street Bakersfield, CA ^$ 2,100,000

1131 Lincoln Street

^$ 2,100,000

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1131 Lincoln Street

Bakersfield, CA, 93305

^$ 2,100,000

Bedrooms32 Baths16.16 Sq 13,600

Monthly Estimate*

^$ 13,957

Listed by Keller Williams Victor Valley

1131 Lincoln Street, Bakersfield, CA 93305 - Image 1

1131 Lincoln Street, Bakersfield, CA 93305 - Image 2

1131 Lincoln Street, Bakersfield, CA 93305 - Image 3

1131 Lincoln Street, Bakersfield, CA 93305 - Image 4

1131 Lincoln Street, Bakersfield, CA 93305 - Image 5

1131 Lincoln Street, Bakersfield, CA 93305 - Image 6

Multi-Family Home for sale in Bakersfield, CA

for $2,100,000 with 32 bedrooms and 16 full baths, 16 half baths. This 13,600 square foot home was built in 1977 on a lot size of 0.6.

This multi family apartment consists of 16 spacious 2 Bd/ 1.5Ba in Bakersfield, CA. This apartment complex neighbors the community of Hillcrest and Bakersfield Country Club. The property was constructed in 1977 and is almost always fully occupied. The Lincoln Apartments are located just east of Hwy 178 off of Flower street. Bakersfield is conveniently located between San Francisco and Los Angeles which are becoming more expensive to live and thus increasing the population in the city of Bakersfield, Ca. Due to its prime location, many manufacturing companies have made Bakersfield their home which provide many job opportunities and drive the demand for apartment living. Lastly, Don't miss this rare opportunity to own the Lincoln Apartments!

Multi-Family Active

Price

^$ 2,100,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.6

Year Built

1977

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

DW24055618

Days on Market

Features

General

Sewer PublicSewer

Zoning R-3

Garage Spaces 0.0

Pool Features None

Year Built 1977

Stories 2

Levels Two

Property SubType Apartment

Gross Income 0.0

Community Features Golf

County Kern

Net Operating Income 109749.0

Operating Expense 71800.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions The property is on the corner of Robinson street and Lincoln street.

City Bakersfield

Entry Location 1

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 16

MLS Area BKSF - Bakersfield

Lot Size Units SquareFeet

Lot Size Square Feet 26136.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Lincoln

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FannieMae FreddieMac

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 67

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 1

Property Sub Type Additional Apartment

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 0.0

Lot Size Area 26136.0

Number of Buildings 4

Spa N

Building Area Total 13600.0

Lot Size Acres 0.6

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 17

Number of Separate Electric Meters 17

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features CommonArea WasherHookup

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1131

* Excluded Features

List By

Keller Williams Victor Valley

Broker

(213) 527-0450

Phone

Affordability Calculator

$13,957

Per Month

Monthly Principal & Interest: $13,957
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bakersfield, CA

Average List Price ^$799,216

Percent of Sale Price 62%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/20/2024	$2,100,000		Listed Price

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1131 Lincoln Street, Bakersfield, CA, 93305 is a Multi-Family Home for sale at $2,100,000 with 13,600 sqft and a lot size of 0.6. 1131 Lincoln Street has 32 bedrooms, 16.16 baths, and was built in 1977. The property's zip code is 93305 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1131 Lincoln Street

Multi-Family Home for sale in Bakersfield, CA

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