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$1,850,000

Beds
Unknown
sq ft
Unknown

2115 2117 G St, Bakersfield, CA 93301

2115 2117 G St

Bakersfield, CA 93301

  • 38 days on market
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.

Details

Property type

Apartment

Lot size

9,147 sq ft

Price per sq ft

Unknown

Year built

2006

Price History

11/20/2024
CRMLS

CRMLS #MD24237689

Listed
$1,850,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Status: Active

Tomo last checked: 12/28/2024 at 12:40 PM

Listing updated: 12/05/2024 at 3:20 AM

Listed by: Esteban Contreras, Central Valley Property Advisors

MLS: CRMLS #MD24237689

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