MLS# 202411925 - 1716 3rd Street, Bakersfield, CA 93304

$400,000
Sqft: 1,800
Sqft lot: 6,969
Acre lot: 0.16
Est. $1,473 / mo.*
Just Listed

Courtesy of Eric Mora, The Mora Partners Inc. 198

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Status: Active
Property Type: 3 Units
Year Built: 1972
Days On Website: 3

Property Details for 1716 3rd Street, Bakersfield, CA 93304

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area-this unit is turn-key ready. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to maximize rental income.

Listing

  • Listed on 2024-11-20 00: 00:00

Location

  • City: Bakersfield
  • ZIP code: 93304
  • Area: 10
  • County: Kern

Building

  • Built in 1972
  • 1,800 square feet
  • 3 units

Parking

  • 8 parking spaces
  • Uncovered

Lot

  • Lot measurement: SqFt
  • Lot is 6,969 square feet

Miscellaneous

  • Annual gross income: $43,200
  • Annual net income: $30,240
  • Total annual expense: $12,960

Map View

$400,000 - 1716 3rd Street, Bakersfield, CA 93304

Street View

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1716 3rd Street
Bakersfield, CA 93304
City: Bakersfield