$699,999
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701 Woodrow Avenue Bakersfield, CA 93308
Other
Residence
Beds
Baths
2,984
Sq. Ft.
0.13
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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)
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MLS#
202410476
Property Type
Other
Year Built
1938
Square Feet
2,984
sq. ft
Lot Size
0.13
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