1407 Oregon Street

    Bakersfield, CA 93305
    • $500,000
    • STATUS: Active
    • ON SITE: 24 days
    • ID#: 21908918
    UPDATED: 47 min ago
    $500,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,904
      SQFT
    • $263
      $/SQFT
    Neighborhood:
    32
    Type:
    Multi-Family
    Built:
    1941
    County:
    Area:
    32

    School Information

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

    Description

    Attention savvy investors! This 8-unit apartment complex would be a fantastic, profitable addition to your investment portfolio! The property features 1 - 3 bed/2 bath unit rented at $775, 1 - 2 bed/1 bath unit rented at $625, and 6 - 1 bed/1 bath units rented at $550 apiece. It has security perimeter fencing with ample private parking. Long term tenants, Great financial history, situated in a strong neighborhood rental market. Excellent cap rate! Please do not disturb tenants.

    Monthly Payment Calculator

    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. 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 Watson Realty Era 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: 2019-08-20T22:31:51.35.
    www.kerncountyhouse.com/homes/97332131

    1407 Oregon Street Bakersfield, CA 93305

    • Price: $500,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: 21908918
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,904
    SQFT
    $263
    $/SQFT
    1941
    Built
    Neighborhood:
    32
    County:
    Kern
    Area:
    32
    Elementary School:
    Williams_Bak
    Middle School:
    Stiern, Walter
    High School:
    East
    School District:
    Bakersfield City
    Property Description
    Attention savvy investors! This 8-unit apartment complex would be a fantastic, profitable addition to your investment portfolio! The property features 1 - 3 bed/2 bath unit rented at $775, 1 - 2 bed/1 bath unit rented at $625, and 6 - 1 bed/1 bath units rented at $550 apiece. It has security perimeter fencing with ample private parking. Long term tenants, Great financial history, situated in a strong neighborhood rental market. Excellent cap rate! Please do not disturb tenants.
    Exterior Features

    Garages 0 Parking Garage Parking Spaces 0.00

    Property Features

    Annual Gross Income 56400.00 Annual Net Income 36660.00 Cap Rate 0.07 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 19740.00 Vacancy Factor 5.00

    Listing courtesy of Peter Peralta of Watson Realty Era.
    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2019. 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 Watson Realty Era 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: 2019-08-20T22:31:51.35.
     
    Infinity Real Estate Services
    9201 Camino Media, Suite #100
    Bakersfield CA, 93311