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18186812999
Real Estate Company
237 Dr Martin Luther King Jr, Bakersfield, CA 93307
- $585,000
Listing courtesy of Listing Agent: Veronica Alcazar (veronicasrealty4u@sbcglobal.net) from Listing Office: eXp Realty of Greater Los Angeles, Inc..
- List Price
- $585,000
- Status
- Active
- MLS#
- SR26185517
- Year Built
- 1983
- Lot Size
- 7,535
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 48
- Property Type
- Multifamily
- Property Type
- Multifamily
- Stories
- One Level
Property Description
Excellent 4-unit investment opportunity with all units currently occupied and generating $58,044 in gross annual income. The property was remodeled in 2022 and features a desirable mix of two 2-bedroom units and two 3-bedroom units. Unit A is 2/1, unit B is 3/1, unit C is 2/1.5, and unit D is 3/1.5.Unit C could be sold vacant or re-rented at current market. Improvements include granite countertops, tile flooring, LVT stair flooring in Units C and D, interior laundry in each unit, private patios, and designated on-site parking. Newer A/C units were installed in 2021, and a concrete block perimeter wall with wrought-iron gates was added in 2022. An attractive opportunity for an investor seeking a fully occupied multifamily property with substantial recent improvements or an FHA buyer looking to live in one unit and rent out the other three units.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Terms
- Cash, Cash to New Loan, Conventional
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.