REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,475,000
Est. payment | /mo
20,160 SqFt
$ 3,475,000
Est. payment | /mo
20,160 SqFt
Key Details
Property Type Commercial
Sub Type 11 Plus
Listing Status Active
Purchase Type For Sale
Square Footage 20,160 sqft
Price per Sqft $172
MLS Listing ID 202611697
Year Built 1971
Property Sub-Type 11 Plus
Property Description
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 under $3,500,000, this 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.
Location
State CA
County Kern
Area 10
Exterior
Parking Features Uncovered
Building
Story 1
Listed by Eric VanDenk • Central Valley Property Advisors
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "