2115 2117 G Street Bakersfield, CA 93301
Listing Courtesy of: CRMLS / Central Valley Property Advisors / Esteban Contreras - Contact:  661-617-0074

  2115 2117 G Street Bakersfield, CA 93301

Active
$1,850,000

Description

We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today.

MLS #:
MD24237689
Lot Size
9,147 SQFT
Type
Multifamily
Year Built
2006
County
Kern County

Listed By

Esteban Contreras, Central Valley Property Advisors, Contact: 661-617-0074
Source
CRMLS
Last checked Nov 21 2024 at 7:02 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Inside
Heating and Cooling
  • Central
  • Central Air
Utility Information
  • Utilities: Water Source: Public
  • Sewer: Public Sewer
Additional Information: Central Valley Property Advisors | 661-617-0074
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.