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    411 E Los Angeles Avenue

    Shafter, CA 93263
    • $1,200,000
    • STATUS: Active Under Contract
    • ON SITE: 51 days
    • ID#: 202012147
    Under Contract
    UPDATED: 46 min ago
    $1,200,000
    • 0
      BEDS
    • 20
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    95
    Type:
    Multi-Family
    Built:
    1937
    County:
    Area:
    95

    School Information

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

    Description

    Investors check this out. 20 acres total-18 vacant acres and approximate 2 acre with 5 dwellings surrounded by newer homes and almond orchards, on Shafter's City edge. Use as income property or ready for your imagination. How about more New construction, an almond orchard, income property, or maybe an RV storage with city approval. So many possibilities. Property currently features 5 homes: the owners home has 1,756 sqft, 3 bed, 2 baths that could be rented a $1,800 monthly. Three other separate rental homes each approximately 650sqft to 752sqft with 2 bed/1 bath, currently bringing in $2550.00 monthly income. Plus a manufactured home w/3 bed, 2 bath that could be rented out w/approx $1,100 income for a possible income of $5450. Other features: city water, an abandoned water well, property in the water district, RV parking, covered carport, one car garage, storage units, & a 3 bay open garage. Could parcel out the 5 dwellings and sell the remainder of land. Dream a little dream.

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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 Re/Max Golden Empire 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: 2021-01-15T08:31:35.827.
    www.kerncountyhome.com/homes/112200384
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    411 E Los Angeles Avenue Shafter, CA 93263

    • Price: $1,200,000
    • Status: Active Under Contract
    • Updated: 46 min ago
    • ID#: 202012147
    0
    Beds
    0
    Baths
    0
    ½ Baths
    20
    Acres
    1937
    Built
    Neighborhood:
    95
    County:
    Kern
    Area:
    95
    Elementary School:
    Golden Oak
    Middle School:
    Richland
    High School:
    Shafter
    School District:
    Richland
    Property Description
    Investors check this out. 20 acres total-18 vacant acres and approximate 2 acre with 5 dwellings surrounded by newer homes and almond orchards, on Shafter's City edge. Use as income property or ready for your imagination. How about more New construction, an almond orchard, income property, or maybe an RV storage with city approval. So many possibilities. Property currently features 5 homes: the owners home has 1,756 sqft, 3 bed, 2 baths that could be rented a $1,800 monthly. Three other separate rental homes each approximately 650sqft to 752sqft with 2 bed/1 bath, currently bringing in $2550.00 monthly income. Plus a manufactured home w/3 bed, 2 bath that could be rented out w/approx $1,100 income for a possible income of $5450. Other features: city water, an abandoned water well, property in the water district, RV parking, covered carport, one car garage, storage units, & a 3 bay open garage. Could parcel out the 5 dwellings and sell the remainder of land. Dream a little dream.
    Exterior Features

    Garages 2 Parking GarageCarportUncoveredOther Parking Spaces 10.00

    Property Features

    Annual Gross Income 65400.00 Annual Net Income 56000.00 Cap Rate 0.05 Disclosures None Of The Above Multifamily Type 5 - 10 Units Total Annual Expense 14000.00 Vacancy Factor 0.10

    Listing courtesy of Terri Bender of Re/Max Golden Empire.


    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 Re/Max Golden Empire 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: 2021-01-15T08:31:35.827.
     
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    Bakersfield CA, 93308