Thank you
Moiz Lakdawala
Keller Williams Realty Bakersfield
661-617-6500
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!
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Water Source : Public
Sewer : Public Sewer
Year Built: 1942
Building Area Total: 2,397
None
Washer Hookup,Gas Dryer Hookup
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.7249
Lot Size Source: Assessor
Lot Size Square Feet: 31575
Original List Price: 574,999
Listing Contract Date: 2024-05-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 17710006006
Garage Description: Driveway,Private,One Space,Uncovered,Unpaved
Lease Term: Negotiable
Tenant Pays: Electricity,Gas
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
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
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 |
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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.