GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
$ 515,000
$ 500,000 3.0%
Est. payment | /mo
8 Beds
4 Baths
7,405 Sqft Lot
$ 515,000
$ 500,000 3.0%
Est. payment | /mo
8 Beds
4 Baths
7,405 Sqft Lot
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-21692
Sold Date 06/06/25
Bedrooms 8
HOA Y/N No
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Location
State CA
County Kern
Area Bakersfield (93309)
Zoning Assessor
Interior
Cooling Central Forced Air
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $925
Listing Terms Cash, Conventional
Financing Cash
Listed by David Knight • Keller Williams Realty
Bought with San Diego
Bought with San Diego
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "