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901 34th Street

Bakersfield, CA 93301
  • $550,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: 202401688
$550,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,303
    SQFT
  • $239
    $/SQFT
Neighborhood:
10
Type:
Commercial
County:
Area:
10

School Ratings & Info

Description

Fully leased single-tenant medical office building located near Dignity-Memorial Hospital in Downtown Bakersfield. The asset underwent a complete remodel less than one year ago with upgrades to all building systems. The property now offers investors' stabilized income from an established tenant with more than 10 locations in California and requires limited management responsibilities. Year 1 NOI=$36,500 | CAP Rate=6.64% | Term Remaining=6 Years and 11 Months.

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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: 2024-07-19T23:31:36.973.
www.kerncountyhome.com/homes/147805117
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901 34th Street Bakersfield, CA 93301

  • Price: $550,000
  • Status: Active
  • On Site: 149 Days
  • ID#: 202401688
0
Beds
0
Baths
0
½ Baths
0.23
Acres
2,303
SQFT
$239
$/SQFT
Neighborhood:
10
County:
Kern
Area:
10
Property Description
Fully leased single-tenant medical office building located near Dignity-Memorial Hospital in Downtown Bakersfield. The asset underwent a complete remodel less than one year ago with upgrades to all building systems. The property now offers investors' stabilized income from an established tenant with more than 10 locations in California and requires limited management responsibilities. Year 1 NOI=$36,500 | CAP Rate=6.64% | Term Remaining=6 Years and 11 Months.
Property Features

Annual Gross Income 46560.00 Annual Net Income 36500.00 Cap Rate 6.64% Commercial Type Commercial Current Use Medical Office Total Annual Expense 10060.00 Zone M-1 (Light Industrial)City of Bakersfield

Listing courtesy of Dylan Lym of ASU Commercial: .


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: 2024-07-19T23:31:36.973.
 
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MV & Associates Real Estate
5329 Office Center Ct, Ste 201
Bakersfield CA, 93313