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1004 C Street

Bakersfield, CA 93304
  • $675,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 202302133
New On Site 3 Days Ago
UPDATED: 49 min ago
$675,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $150
    $/SQFT
Neighborhood:
10
Type:
Multi-Family
Built:
1975
County:
Area:
10

School Information

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

Description

1004 C Street -This 5-plex is in the Oleander neighborhood of Bakersfield which is in the Central submarket. Oleander is a residential neighborhood that consists of starter homes all the way up to turn-of-the-century estate size homes along with a variety of small multifamily properties. This property consists of 5 - 3-bedroom / 1.5 bath townhomes. Built in 1975, the building features large units plus a small laundry room. The rents range from $832 to the most recent move-in at $1200. There is upside in value through rent growth with this building.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Asu Commercial 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: 2023-03-21T13:31:37.733.
www.kerncountyhome.com/homes/137802819
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1004 C Street Bakersfield, CA 93304

  • Price: $675,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 49 min ago
  • ID#: 202302133
0
Beds
0
Baths
0
½ Baths
0.14
Acres
4,500
SQFT
$150
$/SQFT
1975
Built
Neighborhood:
10
County:
Kern
Area:
10
Elementary School:
Penn, William
Middle School:
Curran
High School:
Bakersfield
School District:
Bakersfield City
Property Description
1004 C Street -This 5-plex is in the Oleander neighborhood of Bakersfield which is in the Central submarket. Oleander is a residential neighborhood that consists of starter homes all the way up to turn-of-the-century estate size homes along with a variety of small multifamily properties. This property consists of 5 - 3-bedroom / 1.5 bath townhomes. Built in 1975, the building features large units plus a small laundry room. The rents range from $832 to the most recent move-in at $1200. There is upside in value through rent growth with this building.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 57168.00 Annual Net Income 30595.00 Cap Rate 0.05 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 24908.00 Vacancy Factor 3.00

Listing courtesy of Marc Thurston of Asu Commercial: .


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2023. 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 Asu Commercial 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: 2023-03-21T13:31:37.733.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313