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1516 Alta Vista Drive

Bakersfield, CA 93305
  • $370,000
  • STATUS: Closed
  • ON SITE: 281 Days
  • ID#: 202309581
Sold - 10/17/2023
$370,000
SOLD - 10/17/2023
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,775
    SQFT
  • $0
    $/SQFT
Neighborhood:
31
Type:
Multi-Family
Built:
1954
County:
Area:
31

School Information

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

Description

A nice triplex, in a good location, in great condition, fully occupied, with solid tenants, at a GREAT PRICE! Rear unit just completely rehabed! Entire exterior of all buildings freshly painted! A real workhorse property for your portfolio that always makes money and is always easy to rent and with low operating expenses. This is what serious investors are looking for but is so hard to find! Three large 1 bedroom/1 bath units, 1 1-car garage with attached laundry shed & hook-ups & 1 2-car garage. EXCELLENT UPSIDE: below market rents, possible additional income from laundry, garage rentals, or conversion of 2-car garage into additional unit/ADU! Not perfect, but pretty close. This is the one you have been searching for! PRICED RIGHT! WILL SELL FAST! Make your offer today!

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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: 2024-06-18T09:31:51.957.
www.kerncountyhome.com/homes/143261581
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1516 Alta Vista Drive Bakersfield, CA 93305

  • Price: $350,000
  • Status: Closed
  • On Site: 281 Days
  • Updated: 88 min ago
  • ID#: 202309581
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1,775
SQFT
$0
$/SQFT
1954
Built
Neighborhood:
31
County:
Kern
Area:
31
Elementary School:
Longfellow
Middle School:
Washington
High School:
Highland
School District:
Bakersfield City
Property Description
A nice triplex, in a good location, in great condition, fully occupied, with solid tenants, at a GREAT PRICE! Rear unit just completely rehabed! Entire exterior of all buildings freshly painted! A real workhorse property for your portfolio that always makes money and is always easy to rent and with low operating expenses. This is what serious investors are looking for but is so hard to find! Three large 1 bedroom/1 bath units, 1 1-car garage with attached laundry shed & hook-ups & 1 2-car garage. EXCELLENT UPSIDE: below market rents, possible additional income from laundry, garage rentals, or conversion of 2-car garage into additional unit/ADU! Not perfect, but pretty close. This is the one you have been searching for! PRICED RIGHT! WILL SELL FAST! Make your offer today!
Exterior Features

Garages 2 Parking GarageUncovered Parking Spaces 3.00

Property Features

Annual Gross Income 26940.00 Annual Net Income 19706.00 Cap Rate 0.05 Disclosures None Of The Above Multifamily Type 3 Units Total Annual Expense 7234.00 Vacancy Factor 0.01

Listing courtesy of Robin Ablin of RSC Realty Company: .


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: 2024-06-18T09:31:51.957.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313