Tremendous Cash-flow Investment in Central Bakersfield. Four 2-bed, 1-bath units. Just completed an extensive renovation. Close to the downtown area, Rabobank Arena, and the water park. Market rents are $750/unit ($36,000 gross income). Pro-Forma Cap Rate of 9.88% (5% Vacancy/25% Expense). Add this cash performing asset to your portfolio today.
Off market
$455,400
1107 1/2 L St, Bakersfield, CA 93304
--beds
0baths
2,900sqft
MultiFamily
Built in 1982
-- sqft lot
$455,400 Zestimate®
$157/sqft
$1,256 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Range / Oven
Features
- Flooring: Tile
Interior area
- Total interior livable area: 2,900 sqft
Property
Lot
- Size: 5,061 sqft
Details
- Parcel number: 00902207
Construction
Type & style
- Home type: MultiFamily
Materials
- wood frame
Condition
- Year built: 1982
Community & neighborhood
Location
- Region: Bakersfield
Other
Other facts
- Property Type: Residential Income
- Property Subtype 1: 4 Units
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$455,400
2% more+$9,108
With Zillow Showcase(estimated)$464,508