For Sale For Rent
Advertise
bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
2,984
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1938
full baths
Full Baths
0
half baths
Half Baths
0
We are honored to exclusively bring to market this turnkey 5-unit multifamily investment with massive upside. Offering +/- 3,500 SF of rentable space, this property delivers strong cash flow, minimal maintenance, and a clear path to higher returnsa perfect fit for 1031 exchange buyers and long-term investors looking for a plug-and-play asset with built-in value-add potential. The heavy lifting is donewith $200K+ in renovations, four of five units are fully remodeled, plus a new sewer line, updated plumbing, and electrical upgrades keep maintenance costs low. It's 100% occupied, generating immediate cash flow, while below-market rents create room for serious income growth. The unrenovated 3-bedroom house offers a major opportunity to push rents even higher, with the potential to add an extra $400-$500/month in income once upgraded. This is a prime value-add opportunity, with 30%+ rental upside already built inready for the right investor to unlock its full potential!
Location
Subdivision -
County Kern
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 202502063
Listing agent: Esteban Contreras
Listing broker: Watson Realty (661) 327-5161
Copyright © 2025 Bakersfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Wednesday, March 5 2025 at 9:04 p.m. EST
Kotohomes National