This listing was posted on ListedBuy.
$1,495,000
Home For Sale In Lake Isabella, California
Price:
$1,495,000
BR/BA:
10+ BR, 10+ BA
Location:
Alabaster, AL
Description:
Located in the heart of the stunning Kern River Valley, Lake Isabella is surrounded by breathtaking mountains, lush forests and crystal-clear lakes and streams. Lake Isabella appeals to tourists, remote workers, retirees, boaters and those who appreciate the great outdoors and desire clean air and quality of life not found in the city! The Kern River Valley is lacking multi-unit housing. Own a strong Income producing property with extensive saleal history right in downtown Lake Isabella. Garden style architecture, this pride of ownership property is situated on four contiguous R-3 zoned parcels totaling 33, 541 sqft. There is ample parking for vehicles and RV's. 10 exceptionally well-maintained dwellings in total; consisting of 8 units set up as 4 duplex buildings each with 2 beds and 1 bath; one single-family home with 3 beds and 1 baths and fireplace, plus a 1 bed + 1 bath unit, with room for more. The newly remodeled vacant unit is perfect for an investor/ owner user who desires to live on site. Pitched roofs, separate gas and electric metered, 9 units have their own washer-dryer hook-ups, and they feel like private homes. All units have private yards and storage. This is an opportunity for the buyer seeking both a steady stream of saleal income, and achieve a huge upside. There are also ways to produce additional income. Lake Isabella properties like this are desirable and rare, currently generating $98k per year gross. Over the past three years the current owner has spent over $150, 000 meticulously upgrading several units and the grounds. Interior Improvements include quartz countertops, LVP flooring, new fixtures and much more. The photos speak for themselves. Saleers in Lake Isabella will pay $1, 095 / month for quality 2-bedroom units, demand is strong. The next owner will benefit from recent work, generating higher sales. Lots front on THREE streets, providing future potential for expansion. Great additional income potential/possibilities. Still available at ListedBuy!
Property Type:
Single-Family Houses
Sq feet:
541 sq. ft.
Amenities:
Fireplace, Storage, Washer Dryer
For sale by:
By Owner
Posted:
August 7 2023 on ListedBuy
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More About this Listing: Home For Sale In Lake Isabella, California
Home For Sale In Lake Isabella, California is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Alabaster AL. Find other listings like Home For Sale In Lake Isabella, California by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Alabaster AL.
Home For Sale In Lake Isabella, California is a 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Alabaster AL. Find other listings like Home For Sale In Lake Isabella, California by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA Single-Family Homes for Sale in Alabaster AL.