1524 Mount Vernon Avenue Bakersfield, CA 93306

Price just reduced on this 4Plex, right now the only Bakersfield 4plex for under $445,000 !! This 4-unit apartment consists of all 1 bedroom 1 bath units. Two units are on the top floor 2 on the bottom. The units are professionally managed, ensuring minimal oversight for the owner. The units are i...n a high-demand rental area. Some repairs are needed, but there are mostly tile floors in the units, tile around the shower, and some newer cabinetry. This property offers a GRM of LESS than 9, making it a highly desirable acquisition for investors seeking immediate returns and long-term appreciation. There is deferred maintenance, and 2 units have notice to vacate. Seller is looking for cash As-Is offer, or hard money loan at this price. Continue reading