Active
922 S Union Avenue
Bakersfield CA, 93307
$1,500,000
$627.35 per sqft
Active
2,391 sqft
Multi-family
Built in 1923
Listed by Pauline Vela with Imperial Estate Management [email protected]
The park has a permit for 62 spaces. It consists of 10 mobile home spaces and 52 large RV spaces. In addition, there is 1 house on Lomita and 1 house on Union. The property consists of 3 separate parcels. 922 S. Union and 908 & 910 Lomita St.
The lots on Lomita are large deep lots. The lots' back portion is part of the RV/mobile home park. The house in the front portion of 910 was demolished, and the back portion has 6 spaces. The front portion of 908 has a large house, and the back portion has 9 spaces. 922 south union has 47 spaces and a house in front.
The park pays for spaces' utilities, but they are sub-metered for electricity, and the new park owner can increase revenue by billing the tenants for it. The park pays for water at a flat rate. The tenants have a month-to-month lease, but they are long-term tenants.
The park is located across the street from Golden West Casino and Kern County fairgrounds, which has high traffic, especially on weekends. Since vendors at the fairgrounds set up shop on Friday afternoons for weekend events, the park could be repositioned from long-term to short-term tenancy to cater to these vendors. Similarly, the park can provide short-term tenancy to cater to the Golden West Casino clients.
The sale includes 25 park-owned trailers. 4 are unassigned to a space. Additionally, the park is in an Opportunity zone.
The park is sold as a package with 100 Hudson Dr., Bakersfield, CA. They are priced separately. The total price is a combination of 922 S. Union and 100 Hudson.
SR23119464
MLSⓇ ID
July 10, 2023
Listed
November 22, 2024
Updated
Map
922 S Union Avenue
Bakersfield CA, 93307
Interior Features
Total Stories
1
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.92 Acres
Lot Features
2-5 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
BKSF - Bakersfield
Days on Market
324
Garage
No
Parking Total
64
View
No
County
Kern
Water Source
Public
Pool
No
Pool Features
None
Zoning
C-2
Listing History
Date | Event | Price |
---|---|---|
5/16/2024 | Price change | $1,500,000 -35% |
5/10/2024 | Active | — |
3/2/2024 | Pending | — |
Listing Contact: 818-368-5684
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Data last updated on 11/22/2024 at 7:27 PM UTC