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In-PersonVirtual Tour
$ 745,000
Est. payment | /mo
3,078 SqFt
$ 745,000
Est. payment | /mo
3,078 SqFt
Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,078 sqft
Price per Sqft $242
MLS Listing ID 202512067
Year Built 1957
Property Sub-Type 5 - 10 Units
Property Description
We are pleased to present this fully remodeled 7-unit apartment complex that presents a turnkey investment opportunity in a quiet, high-demand rental market. The property is comprised of four 1-bedroom/1-bath units and three studio units, generating over $76,000 in annual gross income. Both the exterior and interior of the building have undergone comprehensive renovations, significantly reducing anticipated maintenance costs for the next owner and ensuring long-term durability. With strong in-place cash flow, modern updates, and minimal capital improvement needs, this asset is well-positioned for hassle-free ownership.
Location
State CA
County Kern
Area 82
Exterior
Parking Features Uncovered
Building
Story 1
Schools
Elementary Schools Wallace, W. W.
Middle Schools Wallace, W. W.
High Schools Kern Valley
Listed by Eric VanDenk • Central Valley Property Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
9700 Stockdale Highway St 325, Bakersfield, California, 93311, USA