1131 Lincoln Street

1131 Lincoln Street

Bakersfield, CA 93305

$2,100,000
Price
2
Beds
32
Baths
13,600 Sq. Ft.
$154 / Sq. Ft.
13,600
Sq. Ft.
$154
per Sq. Ft.

Description

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,...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!
  1. Listed by Charly Ubaldo • DRE #02088736 • Keller Williams Victor Valley

Property Details for 1131 Lincoln Street

Zoning
R-3
Living Area
13600
Area
Bakersfield (BKSF)
Lot Size Area
26136
Assessor Parcel Number
12708018001
Directions
The property is on the corner of Robinson street and Lincoln street.

Location

Listing Courtesy of Keller Williams Victor Valley
Add your commute
LISTING UPDATED: 05/02/2024 01:19 PM

Property Details for 1131 Lincoln Street

StatusActive
MLS #DW24055618MR
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1977
CountyKern County

Location

Listing Courtesy of Keller Williams Victor Valley
Add your commute

Building Information for 1131 Lincoln Street

Building/Complex1131 Lincoln StFloor-Stories2Residences-Pet Policy-Year Built1977Building Size-

Payment Calculator

$14,339 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$2,878

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1131 Lincoln Street

Community / Development
Community / Development
  • Number Of Units: 16
  • Community Features: Golf
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Public Records
  • Number Of Stories: 2
  • Unit Floor In Building: 1
  • Guest House: None
  • Entry Floor Number: 1
  • Water: Public
  • Sewer: Public Sewer
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $109,749.00
  • Total Annual Expense: 71800
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Lot Acreage: 1.0
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
  • Garage Spaces Total: 0
  • Carport Spaces Total: 0
  • Number Of Remote Controls: 0.0
Interior Features
Interior Features
  • Common Walls: Attached
  • Laundry: Laundry Area, Washer Hookup
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Cash To New Loan, Conventional, Exchange/Trade, Fannie Mae, Freddie Mac
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 32
  • Unit Furnished: No
  • Unit Rent: $15,597.00
  • Unit Actual Rent: $15,597.00
  • Unit Projected Rent: $17,600.00
  • Like Units: 16
Unit Details
  • Number of Electric Meters: 17
  • Number of Gas Meters: 17
  • Number Water Meters: 1

Property History for 1131 Lincoln Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1131 Lincoln Street

Taxable ValueLand$175,000Additions$1,680,000Total$1,855,000
Tax Record2023$34,535 ($2,878 / month)
Home Facts
Total Finished SqFt13,600 SqFtAbove Grade Finished SqFt13,600 SqFtStories2Lot Size26,136 SqFtStyleMulti-Family Res (5+ Units)Year Built1977ZoningR-3CountyKERNAPN127-080-18-00-1

Schools near 1131 Lincoln Street

This home is within Kern Union High School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - K to 6
Walter Stiern Middle School
Public - 6 to 8
Highland High School
Public - 9 to 12
Bessie E. Owens Intermediate School
Public - 4 to 6
Rating
School
Distance
Jefferson Elementary School
PublicK to 6

Walter Stiern Middle School
Public6 to 8

Highland High School
Public9 to 12

Bessie E. Owens Intermediate School
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near East Bakersfield

Neighborhoods

Cities

ZIPs

More information about 1131 Lincoln Street, Bakersfield, CA 93305

1131 Lincoln Street is a multi-family home for sale in Bakersfield, CA 93305. This property was listed for sale on March 19, 2024 by Keller Williams Victor Valley, it's currently listed at $2,100,000. It has been on the market for a total of 47 days and was last sold on July 12, 2022. This listing's school districts are Kern Union High School District, Bakersfield City School District. Nearby schools include Jefferson Elementary School, Walter Stiern Middle School and Highland High School. 1131 Lincoln Street is a 2-bed, 32-bath, 13,600 sqft multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Victor Valley

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.