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1316 E California Avenue

Bakersfield, CA 93307
  • $649,000
  • STATUS: Active
  • ON SITE: 12 Days
  • ID#: 202405486
UPDATED: 179 min ago
$649,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,932
    SQFT
  • $165
    $/SQFT
Neighborhood:
41
Type:
Multi-Family
Built:
1986
County:
Area:
41

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Wow! Calling all savvy investors! Seize the opportunity to own a lucrative four-unit property. Each unit has the desirable layout of 3 bedrooms and 1 bathroom, this property promises steady rental income and long-term appreciation potential. Take advantage of the strong rental market now and secure your foothold. Don't delay - invest in your future today with a gross annual income of $60,000 and cap rate of 7%!

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T07:31:31.757.
www.kerncountyhouse.com/homes/151322935
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1316 E California Avenue Bakersfield, CA 93307

  • Price: $649,000
  • Status: Active
  • On Site: 12 Days
  • Updated: 179 min ago
  • ID#: 202405486
0
Beds
0
Baths
0
½ Baths
0.2
Acres
3,932
SQFT
$165
$/SQFT
1986
Built
Neighborhood:
41
County:
Kern
Area:
41
Elementary School:
Owens, B. E.
Middle School:
Lincoln
High School:
Mira Monte
School District:
Bakersfield City
Property Description
Wow! Calling all savvy investors! Seize the opportunity to own a lucrative four-unit property. Each unit has the desirable layout of 3 bedrooms and 1 bathroom, this property promises steady rental income and long-term appreciation potential. Take advantage of the strong rental market now and secure your foothold. Don't delay - invest in your future today with a gross annual income of $60,000 and cap rate of 7%!
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 8.00

Property Features

Annual Gross Income 59640.00 Annual Net Income 47769.00 Cap Rate 0.07 Disclosures None of the Above Multifamily Type 4 Units Total Annual Expense 11871.00 Vacancy Factor 5.10

Listing courtesy of Karin Munoz of Berkshire Hathaway Homeservices Associated Real Estate: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2024. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Infinity Real Estate Services or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-06-17T07:31:31.757.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301