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929 E Brundage Lane

Bakersfield, CA 93307
  • $1,640,000
  • STATUS: Active
  • ON SITE: 57 Days
  • ID#: 202403263
UPDATED: 103 min ago
$1,640,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,512
    SQFT
  • $172
    $/SQFT
Neighborhood:
41
Type:
Multi-Family
Built:
1940
County:
Area:
41

School Information

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

Description

We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!

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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/149634181
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929 E Brundage Lane Bakersfield, CA 93307

  • Price: $1,640,000
  • Status: Active
  • On Site: 57 Days
  • Updated: 103 min ago
  • ID#: 202403263
0
Beds
0
Baths
0
½ Baths
0.81
Acres
9,512
SQFT
$172
$/SQFT
1940
Built
Neighborhood:
41
County:
Kern
Area:
41
Elementary School:
Fremont_Bak
Middle School:
Chipman
High School:
Mira Monte
School District:
Bakersfield City
Property Description
We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 180240.00 Annual Net Income 102060.00 Cap Rate 0.06 Disclosures None of the Above Multifamily Type 11 Plus Total Annual Expense 68040.00 Vacancy Factor 5.00

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: 2024-06-17T07:31:31.757.
 
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Infinity Real Estate Services
900 Truxtun Avenue Suite #230
Bakersfield CA, 93301