2115 2117 G Street
Bakersfield, CA 93301
- – beds
- – baths
- – sqft
- 9,147 sqft lot
- 2006 build
- – on site
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.
Last checked:
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Last updated Jan 17, 2025
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MLS# MD24237689 —
The Building
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Year Built:2006
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:6010.00
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Building Area Units:Square Feet
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Total Number Of Units:12
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# of Buildings:2
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Stories Total:2
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Entry Level:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:12
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# of Separate Electric Meters:12
Interior
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Entry Location:w
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Laundry:Inside
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Laundry:1
Location
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Directions:Go east on 23rd st, turn right on G st, pass 22nd st, location is on the right, west side of the street.
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Latitude:35.37867200
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Longitude:-119.02261700
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:0-1 Unit/Acre
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Lot Size Area:9147.0000
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Lot Size Acres:0.2100
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Lot Size SqFt:9147.00
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Lot Size Source:Assessor
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Additional Parcels:No
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Additional Parcels Description:00322208
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:NA
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Tax Lot:NA
The Listing
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Special Listing Conditions:Standard
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Parcel Number:00322207
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/20/24
Nov 20, 2024
|
Listed / Active | CRMLS_CA | $1,850,000 |