Address
1612 1St Street Bakersfield, CA
Price
$ 865,000
Property Attributes
  • MLS#202006441
  • TypePending
  • CountyKERN
  • CityBakersfield
  • Area10
  • Zip93304
  • Style11 Plus
  • Price$ 865,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6213
Listing Provided Courtesy Of:
Infinity Real Estate Services
Property Description

Central Valley Property Advisors are pleased to have been chosen to present this opportunity to acquire a never before listed eleven (11) unit multi-family property located right in the heart of Bakersfield. Situated on a 34,411sq.ft. lot this property has a gross rentable square footage of 7,895 and contains a unit mix comprised of nine (9) one (1) bedroom, one (1) bathroom units, one(1) two (2) bedroom, one (1) bathroom unit & one (1) three (3) bedroom, one (1) bathroom unit. The offering also features eight (8) garage/storage spaces which are bringing in an additional $360/M and laundry income, generating an additional $145/M. This property comes with exceptional upside with rental increases perfect for any investor looking to stabilize a property without having to take on the added expenses of repair work. Pride of ownership is what this property exemplifies, being that the owner is incredibly hands-on with his operations!

Price History
7/1/2020 Listed $865,000

General Features

Parking Features Garage
Stories 2

Exterior Features

Latitude 35.355440
Garages 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93304

Price
AVG $240K
$870K
Visits
AVG 50
184
Year Built
AVG 1956
1940
Walkscore
AVG 57
81
Data Provided by Walkscore ® not using MLS data

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