1716 3rd Street, Bakersfield, CA 93304

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$400,000

Est. payment - /mo

5 Beds

3 Baths

6,793 Sqft Lot

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UPDATED:

11/22/2024 03:48 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24237877

Bedrooms 5

HOA Y/N No

Lot Size 6,793 Sqft

Property Description

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.

Location

State CA

County Kern

Area Bakersfield (93304)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $170

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $540

Listing Terms Cash, Conventional, FHA, VA

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Listed by Rules Manager • The Mora Partners Inc.

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

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