1500 Owens St - Apartments FOR SALE


Bakersfield, CA 93305- East Bakersfield
$429,000 USD
805-453-8353
1500 Owens St, Bakersfield, CA for Sale
$429,000 USD
Apartments - FOR SALE
1/7
null | 6% Cap Rate

1500 Owens St
Bakersfield, CA 93305
East Bakersfield


HIGHLIGHTS

  • 2 of 3 units vacating at close — buyer sets rents from day one
  • All 2BD/1BA units, 870 sq ft each
  • Private 1-car garage per unit
  • Washer/dryer hookups and private patio per unit
  • Central AC/heat, newer windows throughout
  • Conveniently located near schools, shopping, and major commuter routes ?????

OVERVIEW

Fantastic triplex in central Bakersfield and this one is set up PERFECTLY for the right buyer..... ?? 2 of the 3 units are vacating at close — meaning YOU get to pick your tenants and YOU set the rents from day one. No inheriting below-market leases, no waiting on lease expirations. Walk in and set it up exactly how you want it. All three units are 2BD/1BA, 870 sq ft each with tile flooring, private 1-car garages, washer/dryer hookups, and private patios. Central air and heat in good working order, newer windows throughout. Built 1964, conveniently located near schools, shopping, and major commuter routes. Private garages on every unit at this price point is a REAL amenity..... the kind of thing that attracts quality tenants and keeps them. Call or text Phil at (805) 453-8353 or email phil@jordanapartmentguys.com. Rents are PROFORMA based on market rates. Drive-by only — do not disturb tenants. Subject to interior inspection.

FOR SALE DETAILS

PRICE

$429,000 USD

PRICE/SF

$164 USD /SF

# OF UNITS

3

PRICE/UNIT

$143,000

CAP RATE

6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1500 Owens Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3

APN/PARCEL ID

013-250-07-00-8

ASK ABOUT THIS PROPERTY

Philip JordanJordan Apartment GuysMore Info
805-453-8353

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Philip JordanJordan Apartment GuysMore Info
805-453-8353

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.