Active
2115 G Street
Bakersfield CA, 93301
$1,850,000
$512.47 per sqft
Active
3,610 sqft
Residential
Built in 2006
Courtesy of Esteban Contreras with Central Valley Property Advisors
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!
202410326
MLSⓇ ID
October 7, 2024
Listed
November 22, 2024
Updated
Map
2115 G Street
Bakersfield CA, 93301
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.07 Acres
School Information
School District
Bakersfield City
High School
Bakersfield
Elementary School
Franklin
Other Property Details
Area Name
10
Days on Market
44
Garage
No
Parking
Uncovered
View
No
County
Kern
Pool
No
Listing History
Date | Event | Price |
---|---|---|
11/15/2024 | Price change | $1,850,000 -3% |
Listed by Central Valley Property Advisors, Esteban Contreras,
Listing Contact: 661-617-0074
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