Listing Courtesy of: Esteban Contreras - Central Valley Property Advisors 661-367-0575

701 Woodrow Avenue Bakersfield, CA 93308

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Other Residence
Beds
Baths
2,984 Sq. Ft.
0.13 Acre Lot

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Last updated on 11/15/2024 5:01 PM
We proudly present this five-unit multifamily property with significant upside potential. The property includes a diverse unit mix: one 3-bed/1-bath, one 2-bed/2-bath, two 1-bed/1-bath units, and a studiomaximizing tenant appeal. Four units have been extensively remodeled, featuring upgrades like vi...nyl flooring, new windows, AC units, countertops, and modern appliances. The front house, freshly painted, offers a value-add opportunity with minor TLC. Current rents are $400-$500 below market, allowing for rental growth. Key improvements include a new main sewer line from the front house to the alley and updates to plumbing and electrical systems, enhancing long-term performance and reducing maintenance costs. This property is ideal for investors looking for immediate cash flow and substantial rental upside in a growing market. ACTUAL SQFT IS AROUND 3500SQFT PER OWNER (Garage conversion) Continue reading
MLS#
202410476
Property Type
Other
Year Built
1938
Square Feet
2,984 sq. ft
Lot Size
0.13

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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 5:01 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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