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1017 El Tejon Avenue

Bakersfield, CA 93308
  • $534,999
  • STATUS: Active
  • ON SITE: 62 Days
  • ID#: 202407184
UPDATED: 76 min ago
$534,999
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,475
    SQFT
  • $216
    $/SQFT
Neighborhood:
21
Type:
Multi-Family
Built:
1953
County:
Area:
21

School Information

Middle School:
High School:
School District:

Description

We are proud to present for sale this one-of-a-kind five-unit multifamily property comprised of one-bedroom, one-bathroom units, located at 1017 El Tejon in Bakersfield, CA 93308. This exceptional property features a new roof installed in 2017, ensuring durability and reduced maintenance costs for years to come. The owner takes amazing care of the units, with most in great shape, reflecting the pride of ownership throughout the property. Situated on a 5,662 sqft lot, this property has a gross rentable square footage of 2,475 sqft, providing ample space for tenants. This investment offers a strong rental market with highly competitive rents, providing an attractive opportunity for consistent income generation.

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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 MV & Associates Real Estate 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: 2024-09-20T18:31:38.437.
www.kerncountyhome.com/homes/152807716
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1017 El Tejon Avenue Bakersfield, CA 93308

  • Price: $534,999
  • Status: Active
  • On Site: 62 Days
  • Updated: 76 min ago
  • ID#: 202407184
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2,475
SQFT
$216
$/SQFT
1953
Built
Neighborhood:
21
County:
Kern
Area:
21
Middle School:
Beardsley
High School:
North
School District:
Beardsley
Property Description
We are proud to present for sale this one-of-a-kind five-unit multifamily property comprised of one-bedroom, one-bathroom units, located at 1017 El Tejon in Bakersfield, CA 93308. This exceptional property features a new roof installed in 2017, ensuring durability and reduced maintenance costs for years to come. The owner takes amazing care of the units, with most in great shape, reflecting the pride of ownership throughout the property. Situated on a 5,662 sqft lot, this property has a gross rentable square footage of 2,475 sqft, providing ample space for tenants. This investment offers a strong rental market with highly competitive rents, providing an attractive opportunity for consistent income generation.
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 51300.00 Annual Net Income 29572.00 Cap Rate 0.06 Disclosures None of the Above Multifamily Type 5 - 10 Units Total Annual Expense 18695.00 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 MV & Associates Real Estate 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: 2024-09-20T18:31:38.437.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313