Share this with your friends
+19093072019
LPT Realty Inc.
900 Terrace Way, Bakersfield, CA 93304
- $2,970,000
- List Price
- $2,970,000
- Status
- COMING SOON
- MLS#
- SB26228720
- Year Built
- 1968
- Lot Size
- 58,806
- Acres
- 1.35
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 21
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- Two Levels, Multi Level
Property Description
This 18-unit rental property is fully renovated, currently at full occupancy, and offers significant investment potential. Key features include: - Property Highlights: 15 out of 18 units are completely remodeled. Updates this year include a new roof and new exterior paint on all buildings. - Amenities: Income-generating laundry facility and a community pool area with potential for conversion into a playground or picnic space. - Security & Operations: Fully gated with on-site security cameras, solar night lighting, and an on-site manager to ensure seamless operations. This high-demand property presents strong potential for market value growth. Please let me know if you would like more details or wish to schedule a viewing.
Additional Information
- Appliances
- ENERGY STAR Qualified Appliances
- Pool Description
- Community
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Sewer
- Public Sewer
- Attached Structure
- Attached
- Number Of Units Total
- 18
- Gross Scheduled Income
- $222,744
- Operating Expense
- 90000
Listing courtesy of Listing Agent: Adriana Marquez (adrianaisyourrealtor@gmail.com) from Listing Office: KP Realty & Associates.
How much is your home worth?
...get instant property value now!
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.