MLS# 202403022 - 2325 Chester Lane, Bakersfield, CA 93304

$1,800,000
Sqft: 7,280
Sqft lot: 27,007
Acre lot: 0.62
Est. $6,402 / mo.*
33 Days On Market

Courtesy of Esteban Contreras, Central Valley Property Advisors 152519214

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Status: Active
Property Type: 11 Plus
Year Built: 1947
Days On Website: 33

Property Details for 2325 Chester Lane, Bakersfield, CA 93304

Introducing an enchanting fourteen-unit cottage-style apartment complex for sale. Comprising fourteen (14) one-bedroom, one-bathroom units, set on a 27,007 sq.ft. lot with 7,280 sq.ft. of gross rentable space. The majority of units underwent renovations in 2021 and has plenty of room for rental increases. Nestled in Bakersfield's coveted downtown, these cottages promise low vacancy rates. Don't let this chance slip away to own a slice of the picturesque and historic Oleander Community!

Listing

  • Listed on 2024-03-29 00: 00:00

Location

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

Building

  • Built in 1947
  • 7,280 square feet
  • 14 units

Parking

  • Uncovered

Lot

  • Lot measurement: SqFt
  • Lot is 27,007 square feet

Miscellaneous

  • Annual gross income: $159,996
  • Annual net income: $105,255
  • Total annual expense: $54,741

Map View

$1,800,000 - 2325 Chester Lane, Bakersfield, CA 93304

Street View

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2325 Chester Lane
Bakersfield, CA 93304
City: Bakersfield