• 12119 Edison Bakersfield, CA 93307

  • $574,999
  • 0
    Bed(s)
  • 0
    Baths
  • 2,397
    Sq Ft
  • 31575
    Sqft
  • Listed By: Moiz Lakdawala, Keller Williams Realty Bakersfield, DRE #01881688
  • Source: CRMLS

Bread and butter 5 units sitting on a 0.70 acre lot with a C-2, R-2 zoning generating just under $5,000 in monthly rental income. Wonderful opportunity to own this piece of real estate that has steady income with low maintenance and high returns. Property consists of 4 one bed one bath units, 1 two bed one bath unit and 1 manufactured home. In addition, there are endless possibilities to explore, as you can add more units and maximize your investment, as the zoning and lot size allows for more units that can be built/added comfortably. Don't sleep on this one and add this income producing property to your portfolio today!

Property Type :

Residential Income

County :

Kern

Style :

Residential Income

Sell a home like this and save $34,001 Find Out How

Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Building Information

Year Built: 1942

Building Area Total: 2,397

Pool Features

None

Laundry Features

Washer Hookup,Gas Dryer Hookup

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.7249

Lot Size Source: Assessor

Lot Size Square Feet: 31575

Listing Price Information

Original List Price: 574,999

Listing Contract Date: 2024-05-09

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 17710006006

Garage and Parking

Garage Description: Driveway,Private,One Space,Uncovered,Unpaved

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas

Other Property Info

Source Listing Status: Active

Source Neighborhood: BKSF - Bakersfield

Postal Code Plus 4: 9704

Directions: From CA-58 E, take exit for Edison Rd toward Edison, then turn left onto S Edison Rd, then turn right onto Edison Hwy

Zoning: C-2, R-2

Source Property Type: Residential Income

Area: BKSF - Bakersfield

Property SubType: Mixed Use

Building and Construction

Property Age: 82

Common Walls: No Common Walls

Structure Type: Mixed Use

Year Built Source: Assessor

Entry Level: 1

Entry Location: 1

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
63 White Lane, Bakersfield, CA,93307 $850,000 2 1 1,092 130680 Sqft
100 Hudson Drive, Bakersfield, CA,93307 $1,100,000 -- -- -- 51401 Sqft
922 S Union Avenue, Bakersfield, CA,93307 $1,500,000 -- -- 2,391 83782 Sqft
1000 Padre Street, Bakersfield, CA,93307 $500,000 -- -- -- 84070.8 Sqft
1902 Lotus Lane, Bakersfield, CA,93307 $495,000 -- -- -- 40560 Sqft
2400 Mary Ellen Street, Bakersfield, CA,93307 $584,950 3 2 1,760 109771 Sqft
207 Tyree Toliver Street, Bakersfield, CA,93307 $625,000 8 -- -- 28125 Sqft
1501 Calcutta Drive #5, Bakersfield, CA,93307 $210,000 3 2 1,152 4792 Sqft
628 Andrea Avenue, Bakersfield, CA,93307 $310,000 3 2 1,191 6602 Sqft
500 Lawson Road, Bakersfield, CA,93307 $148,900 -- -- -- 7405 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/23/2024 @ 01:12

MLS: PI24093673
LISTED BY: Moiz Lakdawala, Keller Williams Realty Bakersfield
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $34,001 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion