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.​
Sold
$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
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#: 202201963

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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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