MLS# 202502099 - 2115 G Street, Bakersfield, CA 93301
Courtesy of Esteban Contreras, Watson Realty 152519214
Status:
Active
Property Type:
11 Plus
Year Built:
2006
Property Details for 2115 G Street, Bakersfield, CA 93301
Description
We are honored to exclusively bring to market this 12-unit multifamily investment with a clear, proven path to higher returns. With 5 of 12 units already remodeled, the groundwork is laid for a new investor to step in, complete the remaining upgrades, and unlock significant rental growth in a stabilized asset. This property is already producing strong in-place cash flow, backed by key exterior capital improvements including new paint, fencing, landscaping, and staircase repairs. The remodeled units have demonstrated the rent potential, offering an investor the ability to capture an extreme rental increase once fully stabilized. With a current NOI of $107,228 and a pro forma projection Significantly higher (20%!!) this is a rare opportunity to acquire a high-yielding asset with built-in equity upside. The heavy lifting has been donenow it's about executing on the final stage to drive long-term cash flow growth. Serious investors onlycall now to discuss financials and next steps.
Open House
Features
Listing
- Listed on 2025-02-20 00: 00:00
Location
- City: Bakersfield
- ZIP code: 93301
- Area: 10
- County: Kern
Building
- Built in 2006
- 3,610 square feet
- 12 units
Parking
- Other
Lot
- Lot measurement: SqFt
- Lot is 3,049 square feet
Miscellaneous
- Annual gross income: $166,892
- Annual net income: $107,228
- Total annual expense: $59,664
Property Map
Map View
$1,795,000 - 2115 G Street, Bakersfield, CA 93301
Street View
Directions
2115 G Street
Bakersfield, CA 93301
City: Bakersfield