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  • $900,000

    520 H St, Bakersfield, CA 93304

    --beds
    --baths
    4,831sqft
    Multi Family
    Built in 1935
    -- sqft lot
    $1,011,600 Zestimate®
    $186/sqft
    $2,002 Estimated rent

    What's special

    Pride of ownership is shown with this 7 unit apartment complex.​ Each unit is 1 bed 1 bath with a beautiful and gated central courtyard and each unit has its own designated garage for parking.​ There is huge upside potential.​​ The property has been professionally managed, all tenants have been throughly pre-screened for qualification prior to occupancy.​ Just recently, the newest tenant moved in and is paying $1195 per month.​ The pro forma monthly rental income is $8,365 p/m and $100,380 p/y.​​​ Property is in great condition and does not require any immediate repairs.​The current location is appealing to local business professionals who work in the Downtown Bakersfield area including attorneys, paralegals and court clerks, within walking distance to the bus station, local businesses, and Bakersfield High School.​

    Zillow last checked: 7 hours ago

    Listing updated: October 14, 2022 at 04:35am

    Listed by:

    Peter Peralta DRE #1307225 661-805-1053 pete@theperaltagroup.com,

    Watson Realty

    Bought with:

    Susan C. Blanza, DRE #01336334

    Watson Realty

    Source: Bakersfield AOR,MLS#: 202201963MLS Logo

    Facts & features

    Interior

    Interior area
    • Total structure area: 4,831
    • Total interior livable area: 4,831 sqft

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Levels: Two
    Lot
    • Size: 0.32 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Bakersfield
    • Subdivision: Lowell Addition
    Services availability
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,011,600
    2% more+ $20,232
    With Zillow Showcase(estimated)
    $1,031,832