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2208-2212 Lake Street 2208 Lake St 8 Unit Apartment Building $1,217,253 CAD ($152,157 CAD/Unit) 6.13% Cap Rate Bakersfield, CA 93306
Executive Summary
Two four-unit properties at 2208 Lake Street in Bakersfield. The buildings features a unit mix of four 1-bedroom, 1-bathroom units. 2212 Lake Street is also for sale and can be purchased as a package totaling 8 units. Both 2208 Lake Street and 2212 Lake Street are on individual parcels and can be purchased separately as well.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,217,253 CAD | Property Subtype | Apartment |
| Price Per Unit | $152,157 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.13% | Building Size | 2,128 SF |
| No. Units | 8 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1939 |
| Zoning | R-3 | ||
| Price | $1,217,253 CAD |
| Price Per Unit | $152,157 CAD |
| Sale Type | Investment |
| Cap Rate | 6.13% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,128 SF |
| No. Stories | 1 |
| Year Built | 1939 |
| Zoning | R-3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 532 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 137-410-04-00-8 | Improvements Assessment | $271,645 CAD |
| Land Assessment | $54,325 CAD | Total Assessment | $325,970 CAD |
Property Taxes
Parcel Number
137-410-04-00-8
Land Assessment
$54,325 CAD
Improvements Assessment
$271,645 CAD
Total Assessment
$325,970 CAD
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2208-2212 Lake Street | 2208 Lake St
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