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16039 L Street

Mojave, CA 93501
  • $625,000
  • STATUS: Active
  • ON SITE: 122 Days
  • ID#: 202110359
UPDATED: 52 min ago
$625,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,863
    SQFT
  • $162
    $/SQFT
Neighborhood:
99
Type:
Multi-Family
Built:
1944
County:
Area:
99

School Information

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

Description

A total 13 Apartment units that sit on 2 different parcels with 2 separate addresses. 15945 K St. is an 5 unit apartment complex and 16039 L St. is a 8 unit apartment complex for a total of 13 units. There are a total of 11 units that are 1 bedroom 1 bath that rent from $525-$550 p/m and 2 units that are 2 bedrooms renting for $675 p/m. All of the units are occupied at the time of listing and some of the tenants have lived there long term. There is some upside potential in rents. The Property is professionally managed, detailed income and expense reports are available upon request. Please do not disturb tenants, drive by only. Seller would consider selling each property separately. Please inquire for more information.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. 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 Watson Realty 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: 2022-01-23T09:31:36.08.
www.kerncountyhome.com/homes/121678529
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16039 L Street Mojave, CA 93501

  • Price: $625,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 52 min ago
  • ID#: 202110359
0
Beds
0
Baths
0
½ Baths
0.35
Acres
3,863
SQFT
$162
$/SQFT
1944
Built
Neighborhood:
99
County:
Kern
Area:
99
Elementary School:
Other-Outlying
Middle School:
Other-Outlying
High School:
Other-Outlying
School District:
Other
Property Description
A total 13 Apartment units that sit on 2 different parcels with 2 separate addresses. 15945 K St. is an 5 unit apartment complex and 16039 L St. is a 8 unit apartment complex for a total of 13 units. There are a total of 11 units that are 1 bedroom 1 bath that rent from $525-$550 p/m and 2 units that are 2 bedrooms renting for $675 p/m. All of the units are occupied at the time of listing and some of the tenants have lived there long term. There is some upside potential in rents. The Property is professionally managed, detailed income and expense reports are available upon request. Please do not disturb tenants, drive by only. Seller would consider selling each property separately. Please inquire for more information.
Exterior Features

Garages 0 Parking Other Parking Spaces 0.00

Property Features

Annual Gross Income 82300.00 Annual Net Income 56036.00 Cap Rate 0.09 Disclosures None Of The Above Multifamily Type 11 Plus Total Annual Expense 31264.00 Vacancy Factor 5.00

Listing courtesy of Peter Peralta of Watson Realty.


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. 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 Watson Realty 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: 2022-01-23T09:31:36.08.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313