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  • $315,700

    3833 Edison Hwy, Bakersfield, CA 93307

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1944
    -- sqft lot
    $315,700 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

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    $1,986/mo

    Est. payment

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    $1,986/mo

    Est. payment

    What's special

    When in Bakersfield, look for cash flow. Edison Highway may be a hidden secret for apartment investors. Very low density. Very few apartment buildings. very quiet except for the occasional whisper and rumble of a train. Zoning is C-2, mix is mostly business, homes, and some apartments. Don't pass up with great opportunity for investors. Property has been priced well below market value, due to Owner's partner wanting to liquidate on a quick basis. All units are currently occupied generating $2430/month!! 12% Cap Rate is the reason why you want to invest in Bakersfield.

    Zillow last checked: 7 hours ago

    Listing updated: June 04, 2015 at 10:12am

    Listed by:

    Philip M Jordan DRE #00966411 805-453-8353 phil@jordanapartmentguys.com,

    Coldwell Banker Preferred - Westwind Office

    Bought with:

    Non-Member

    Non-Member Office

    Source: Bakersfield AOR,MLS#: 21411405MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 10
    • Parking features: Open
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    Lot
    • Size: 5,440 sqft
    Details
    • Parcel number: 14424008

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1944

    Community & neighborhood

    Location
    • Region: Bakersfield
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $315,700
    2% more+$6,314
    With Zillow Showcase(estimated)$322,014