2115 2117 G Street, Bakersfield CA, 93301

Active

2115 2117 G Street

Bakersfield CA, 93301

$1,850,000

$307.82 per sqft

Active

6,010 sqft

Condos

Built in 2006

Listed by Esteban Contreras with Central Valley Property Advisors 661-617-0074

We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today.

MD24237689

MLSⓇ ID

November 20, 2024

Listed

December 5, 2024

Updated

Map

2115 2117 G Street
Bakersfield CA, 93301

Interior Features

Total Stories: 2
Laundry Description: Inside
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Size: 0.21 Acres
Lot Features: 0-1 Unit/Acre
Sewer: Public Sewer

Other Property Details

Area Name: BKSF - Bakersfield
Days on Market: 14
Garage: No
Parking Total: 0
View: No
County: Kern
Water Source: Public
Pool: No
Pool Features: None

Listing Contact:

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 1:25 PM UTC