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Investor opportunity in the heart of Lake Isabella! 5308 Lake Isabella Blvd offers approximately 1,884 sq. ft. on a 7,405 sq. ft. lot with flexible potential for income-producing use. Centrally located close to shopping, dining, and everyday conveniences, this property presents an attractive option for investors seeking value-add potential in the growing Kern River Valley market.It is currently rented as 3 separate residential units. Existing layout and prior use history may appeal to buyers looking for rental income, mixed-use possibilities, or a long-term hold asset. High visibility location with easy access along Lake Isabella Blvd and close proximity to recreational amenities, including Lake Isabella. Bring your vision and unlock the possibilities this property has to offer. Buyer to verify zoning, permitted use, square footage, and all property details to their satisfaction. Require at least 24 hours notice to show.
Listing agent: Johnny Bennett DRE #02104596 johnnybkrv@gmail.com, Listing office: Miramar International Calloway
MLS data updated 10/30/2026, 6:29:28 AM PT
Source: CRMLS, MLS #: PI26107125
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 16, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$160,000Original asking price · May 16, 2026ZIP 93240 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.