Three units, all leased, all paying..... and this one is sitting in the historic Oleander neighborhood just minutes from downtown Bakersfield! 615 Olive Street is a corner lot featuring a duplex PLUS a standalone 2-bedroom home — 100% occupied and generating $3,640 a month in actual rents right now.
The main house has been remodeled, re-plumbed, updated, and had a new AC installed — all within the last 10 years. Newer windows throughout, central air and heat in well-maintained condition. This is not a fixer..... this is a ready-to-perform asset with solid tenants already in place.
Corner lot position gives you more presence and more footprint than a standard interior lot at this price point. At $430,000 in one of Bakersfield's most coveted historic neighborhoods, this one is not going to last. Call or text Phil at (805) 453-8353 or email phil@jordanapartmentguys.com. Rents are ACTUAL; expenses are PROJECTED. Drive-by only — do not disturb tenants. Subject to interior inspection.