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319 Holtby Road

Bakersfield, CA 93304
  • $1,125,000
  • STATUS: Pending
  • ON SITE: 20 Days
  • ID#: 202111653
Pending
UPDATED: 83 min ago
$1,125,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,866
    SQFT
  • $231
    $/SQFT
Neighborhood:
10
Type:
Multi-Family
Built:
1930
County:
Area:
10

School Information

Elementary School:
Middle School:
High School:

Description

We are pleased to present for sale this GREAT opportunity to acquire a RARE multi-family property located in the highly desirable Downtown Bakersfield. Comprised of a two (2) bedroom, one (1) bathroom home, two (2) one (1) bedroom, one (1) bathroom cottages, and two (2) duplexes each consisting of one (1) bedroom, one (1) bathroom units, the offering is situated on over half an acre of land and has a gross rentable square footage of 4,866 sq.ft.. This unique offering allows a savvy investor the opportunity to capitalize on a property for sale in an area with low turn-over and low vacancy rates. In addition to being in a great area, this turn-key, recently remodeled property that is grossing over $100k/Yr comes with low operating expenses, and would be ideal for anyone looking to expand their portfolio in one of California's hottest real estate markets!

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. 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 Central Valley Property Advisors 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: 2021-11-30T11:31:36.463.
www.kerncountyhome.com/homes/123170004
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319 Holtby Road Bakersfield, CA 93304

  • Price: $1,125,000
  • Status: Pending
  • On Site: 20 Days
  • Updated: 83 min ago
  • ID#: 202111653
0
Beds
0
Baths
0
½ Baths
0.6
Acres
4,866
SQFT
$231
$/SQFT
1930
Built
Neighborhood:
10
County:
Kern
Area:
10
Elementary School:
Roosevelt_Bak
Middle School:
Emerson
High School:
Bakersfield
Property Description
We are pleased to present for sale this GREAT opportunity to acquire a RARE multi-family property located in the highly desirable Downtown Bakersfield. Comprised of a two (2) bedroom, one (1) bathroom home, two (2) one (1) bedroom, one (1) bathroom cottages, and two (2) duplexes each consisting of one (1) bedroom, one (1) bathroom units, the offering is situated on over half an acre of land and has a gross rentable square footage of 4,866 sq.ft.. This unique offering allows a savvy investor the opportunity to capitalize on a property for sale in an area with low turn-over and low vacancy rates. In addition to being in a great area, this turn-key, recently remodeled property that is grossing over $100k/Yr comes with low operating expenses, and would be ideal for anyone looking to expand their portfolio in one of California's hottest real estate markets!
Exterior Features

Garages 3 Parking GarageUncovered Parking Spaces 0.00

Property Features

Annual Gross Income 100176.00 Annual Net Income 67113.00 Cap Rate 0.06 Disclosures Call Listing Agent Multifamily Type 5 - 10 Units Total Annual Expense 14839.00 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. 2021. 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 Central Valley Property Advisors 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: 2021-11-30T11:31:36.463.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313