201 California Avenue

    Bakersfield, CA 93304
    • $1,000,000
    • STATUS: Active
    • ON SITE: 179 days
    • ID#: 21811517
    UPDATED: 23 min ago
    $1,000,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,117
      SQFT
    • $321
      $/SQFT
    Neighborhood:
    10
    Type:
    Commercial
    Built:
    1963
    County:
    Area:
    10

    School Ratings & Info

    Description

    Portfolio sale of 4 commercial assets. There are 2 adjacent buildings totaling over 2300 square feet of usable space, currently generating $4500 per month. One building is over 1300 square feet of usable space, currently generating $1625 per month. A stand alone commercial building has over 3100 square feet of usable space, generating over $3400 per month. The total monthly income is $9,525 per month/$114,300 per year. Cap rate is over 7.5%. Tremendous opportunity to purchase a quality real estate portfolio consisting of 4 commercial properties.

    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: 2019-03-18T15:31:55.517.
    www.kerncountyhouse.com/homes/87696155

    201 California Avenue Bakersfield, CA 93304

    • Price: $1,000,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 21811517
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,117
    SQFT
    $321
    $/SQFT
    1963
    Built
    Neighborhood:
    10
    County:
    Kern
    Area:
    10
    Property Description
    Portfolio sale of 4 commercial assets. There are 2 adjacent buildings totaling over 2300 square feet of usable space, currently generating $4500 per month. One building is over 1300 square feet of usable space, currently generating $1625 per month. A stand alone commercial building has over 3100 square feet of usable space, generating over $3400 per month. The total monthly income is $9,525 per month/$114,300 per year. Cap rate is over 7.5%. Tremendous opportunity to purchase a quality real estate portfolio consisting of 4 commercial properties.
    Property Features

    Annual Gross Income 0.00 Annual Net Income 0.00 Cap Rate 0 Commercial Type Commercial Current Use Na Total Annual Expense 0.00 Zone C1

    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: 2019-03-18T15:31:55.517.
     
    Infinity Real Estate Services
    9201 Camino Media, Suite #100
    Bakersfield CA, 93311