$3,795,000
Sqft: 20,160
Sqft lot: 69,260
Acre lot: 1.59
182 Days On Market

Courtesy of Eric VanDenk, Central Valley Property Advisors 15570

Status: Active
Property Type: 11 Plus
Year Built: 1971
Days On Website: 182

Property Details for 132 L Street, Bakersfield, CA 93304

Discover an exceptional investment opportunity at 132 L St in Bakersfield, CA 93304. This strategically positioned apartment building is conveniently located near the heart of downtown Bakersfield, promising a desirable urban lifestyle. With a steady cash flow, this property features a total of 33 units, thoughtfully composed of 18 generous one-bedroom residences and 15 meticulously designed studios. Priced at $3.795 million, this stabilized asset presents an attractive proposition for both seasoned investors and those entering the real estate market. Notably, there is significant room for rental increase, offering potential for enhanced revenue. Seize the chance to acquire a valuable piece of real estate in a prime location, poised to provide secure returns while offering the potential for further growth. Contact us today to explore this enticing opportunity in Bakersfield, CA.

Listing

  • Listed on 2023-08-18 00: 00:00

Location

  • City: Bakersfield
  • ZIP code: 93304
  • Area: 10
  • County: Kern

Building

  • Built in 1971
  • 20,160 square feet
  • 33 units

Parking

  • Uncovered

Lot

  • Lot measurement: SqFt
  • Lot is 69,260 square feet

Miscellaneous

  • Annual gross income: $345,996
  • Annual net income: $216,305
  • Total annual expense: $119,310

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$3,795,000 - 132 L Street, Bakersfield, CA 93304

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132 L Street
Bakersfield, CA 93304
City: Bakersfield