Listing Courtesy of: Esteban Contreras - Central Valley Property Advisors 661-367-0575
$1,900,000 affordable loan icon Calculate Payment

2115 G Street Bakersfield, CA 93301

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Other Residence
Beds
Baths
3,610 Sq. Ft.
0.07 Acre Lot

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Last updated on 11/15/2024 6:01 PM
We are excited to bring to market a lucrative twelve (12) unit multifamily investment in the thriving Bakersfield Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This prime asset comprises two contiguous parcels: an eight-unit building built in 2006, and a fou...r-unit building from 1968, both featuring spacious one-bedroom, one-bathroom units designed for solid performance. Investors can seize a rare opportunity for immediate revenue growth with an 11% rental upside, ready to be capitalized on. The 1968 building has seen strategic upgrades in three of its four units, including new flooring, paint, countertops, cabinets, and windowsupgrades aimed at maximizing tenant appeal and rental income. With a total of 6,010 square feet of rentable space on a 9,147 sq. ft. lot, this offering balances stability with strong upside potential in a highly desirable location. This is an exceptional opportunity to acquire a robust asset with immediate cashflow. Continue reading
MLS#
202410326
Property Type
Other
Year Built
2006
Square Feet
3,610 sq. ft
Lot Size
0.07

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Listing Courtesy of: Esteban Contreras - Central Valley Property Advisors 661-367-0575
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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This content last refreshed on 11/15/2024 6:01 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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