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6050 State Road

Bakersfield, CA 93308
  • $960,000
  • STATUS: Active
  • ON SITE: 166 Days
  • ID#: 202200639
Price Reduced
UPDATED: 33 min ago
$960,000
  • 0
    BEDS
  • 0.78
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,007
    SQFT
  • $478
    $/SQFT
Neighborhood:
21
Type:
Multi-Family
Built:
1947
County:
Area:
21

School Information

Middle School:
High School:
School District:

Description

Looking to add some more units to your portfolio? This deal is already over the 1% rule in CA! This 15 Unit property is situated on a .78 acre lot with 4772 SF in the outer northwest area of Bakersfield. Easy access to the 99 freeway and only 3 miles from the Meadow Field Airport. Property consists of 11 studio apartments and three 1bd/bath units along with one Single Family home. The property is fully occupied and the current rents are above $10,000/month but are still below market. Not to mention the new development that is going on around the building and the freeway frontage! You don't want to miss out on this opportunity, Call us to schedule a time to come see the property !

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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 Synergy Property Management 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: 2022-07-05T20:31:50.18.
www.kerncountyhome.com/homes/124900788
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6050 State Road Bakersfield, CA 93308

  • Price: $960,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 33 min ago
  • ID#: 202200639
0
Beds
0
Baths
0
½ Baths
0.78
Acres
2,007
SQFT
$478
$/SQFT
1947
Built
Neighborhood:
21
County:
Kern
Area:
21
Middle School:
Beardsley
High School:
North
School District:
Beardsley
Property Description
Looking to add some more units to your portfolio? This deal is already over the 1% rule in CA! This 15 Unit property is situated on a .78 acre lot with 4772 SF in the outer northwest area of Bakersfield. Easy access to the 99 freeway and only 3 miles from the Meadow Field Airport. Property consists of 11 studio apartments and three 1bd/bath units along with one Single Family home. The property is fully occupied and the current rents are above $10,000/month but are still below market. Not to mention the new development that is going on around the building and the freeway frontage! You don't want to miss out on this opportunity, Call us to schedule a time to come see the property !
Exterior Features

Garages 0 Parking Uncovered Parking Spaces 0.00

Property Features

Annual Gross Income 171000.00 Annual Net Income 145258.00 Cap Rate 0.15 Disclosures Corp. Owned Multifamily Type 11 Plus Total Annual Expense 25742.00 Vacancy Factor 5.00

Listing courtesy of Sanjeev Advani of Synergy Property Management.


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 Synergy Property Management 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: 2022-07-05T20:31:50.18.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313