2711 Hollyhock Lane presents a fully stabilized 5-unit multifamily investment opportunity situated in the desirable Laurelglen neighborhood of Southwest Bakersfield. The property includes one three-bedroom, two-bath unit and four two-bedroom, one-bath units, generating approximately $83,000 in gross annual income. Each unit offers central air conditioning, private laundry, and off-street parking, including carports and a two-car garage. Several units have received kitchen and bath upgrades, enhancing tenant appeal with modern finishes.
With 100% occupancy, an operating GRM of 10.27, and a cap rate near 5.9%, this investment delivers strong in-place cash flow within a highly sought rental submarket. Located near local schools, parks, and retail amenities, the property benefits from consistent demand and ease of access to major roadways like Highway 99 and Ming Avenue. This stabilized asset provides both immediate income generation and long-term growth potential in an established Bakersfield neighborhood.