Lake Isabella CA Real Estate & Commercial for Sale

Don't miss out on your next investment opportunity! Priced at an attractive $119,900 per unit, this property has undergone over $240,000 in recent capital improvements, ensuring continuous appreciation in value. With the rise of remote work, tenants prioritize lifestyle over commuting, making locations like Lake Isabella highly desirable. Offering breathtaking mountain views, lake proximity, and abundant outdoor recreation, like hiking, boating, and fishing, this property truly distinguishes itself in the market. Moreover, with affordable rents and limited multi-family housing in the Kern River Valley, vacancies are rare. This meticulously maintained, 10-unit garden-style complex promises solid returns and substantial rental upside. Six units have undergone extensive renovations with upgrades such as new flooring, blinds, stylish cabinets, quartz countertops, and more, enabling rents to surpass $1,100 per month for 2-bedroom units. The property spans 8,656 square feet and includes 4 duplexes (each 2 bd/1 bath, approx. 826 sf), a 1 bd/1 bath unit (approx. 520 sf), and a 3 bd/1 bath house (approx. 1528 sf). Outside, relish in the tranquil community area with BBQ facilities, comfortable seating, and lush landscaping. With positive cash flow, a strong cap rate and GRM, plus significa

Own a restaurant in the Kern River Valley. Live and work surrounded by Mountains in a rural community setting. This was a business operated for years in the Valley as a Restaurant. The business shut down about five years ago with equipment still in the kitchen. There is an atrium section that could be utilized. All equipment on the property would need to be inspected by the buyer. Onsite is a fryer, grill, freezer, large storage area, shelving pots and pans, and a serving island. Six booths with tables and chairs sit in the dining area. This commercial property has been priced for a quick sale