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$ 1,900,000
Est. payment | /mo
11,238 SqFt
$ 1,900,000
Est. payment | /mo
11,238 SqFt
Key Details
Property Type Commercial
Sub Type 11 Plus
Listing Status Active
Purchase Type For Sale
Square Footage 11,238 sqft
Price per Sqft $169
MLS Listing ID 202510969
Year Built 1968
Property Sub-Type 11 Plus
Property Description
Introducing 4200 Columbus, a prime investment opportunity listed at $1,900,000. This well-maintained 15-unit property, built in 1968, features ten spacious 2-bedroom/1-bath units and five 1-bedroom/1-bath units, offering a solid mix to attract diverse tenants. Current rents range from $925 to $1,470, presenting potential for future growth. The property boasts desirable amenities, including carports, a swimming pool, and an on-site laundry room, enhancing tenant satisfaction and retention. With a favorable Gross Rent Multiplier of 8.62, this is a compelling addition to any investor's portfolio.
Location
State CA
County Kern
Area 31
Exterior
Parking Features Carport
Building
Story 1
Schools
Elementary Schools Nichols, Col.H.
Middle Schools Chipman
High Schools Highland
School District Bakersfield City
Listed by Marc A Thurston • ASU Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "