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2501 Bishop Drive

Bakersfield, CA 93306
  • $1,675,000
  • STATUS: Active
  • ON SITE: 178 Days
  • ID#: 202311848
UPDATED: 124 min ago
$1,675,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 10,056
    SQFT
  • $167
    $/SQFT
Neighborhood:
31
Type:
Multi-Family
Built:
1960
County:
Area:
31

School Information

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

Description

Central Valley Property Advisors proudly presents this one-of-a-kind opportunity: a meticulously maintained twelve-unit multi-family property located at 2501 Bishop Drive, Bakersfield, CA 93306. Situated in close proximity to Bakersfield College, this property boasts an appealing unit mix, including one (1) three-bedroom, two (2) bathroom unit, two (2) one-bedroom, one (1) bathroom units, and nine (9) two bedroom, one (1) bathroom units. Perfectly suited for a 1031-exchange, most units have been stabilized, guaranteeing a reliable income stream for savvy investors like you. Don't miss this opportunity!

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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: 2024-05-19T07:31:33.957.
www.kerncountyhouse.com/homes/145448021
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2501 Bishop Drive Bakersfield, CA 93306

  • Price: $1,675,000
  • Status: Active
  • On Site: 178 Days
  • Updated: 124 min ago
  • ID#: 202311848
0
Beds
0
Baths
0
½ Baths
0.36
Acres
10,056
SQFT
$167
$/SQFT
1960
Built
Neighborhood:
31
County:
Kern
Area:
31
Elementary School:
Nichols, Col.H.
Middle School:
Compton
High School:
East
School District:
Bakersfield City
Property Description
Central Valley Property Advisors proudly presents this one-of-a-kind opportunity: a meticulously maintained twelve-unit multi-family property located at 2501 Bishop Drive, Bakersfield, CA 93306. Situated in close proximity to Bakersfield College, this property boasts an appealing unit mix, including one (1) three-bedroom, two (2) bathroom unit, two (2) one-bedroom, one (1) bathroom units, and nine (9) two bedroom, one (1) bathroom units. Perfectly suited for a 1031-exchange, most units have been stabilized, guaranteeing a reliable income stream for savvy investors like you. Don't miss this opportunity!
Exterior Features

Garages 0 Parking Carport Parking Spaces 0.00

Property Features

Annual Gross Income 165405.00 Annual Net Income 96645.00 Cap Rate 0.06 Disclosures None of the Above Multifamily Type 11 Plus Total Annual Expense 63798.00 Vacancy Factor 3.00

Listing courtesy of Esteban Contreras of Central Valley Property Advisors: .


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: 2024-05-19T07:31:33.957.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301