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32230148
32230147

1610 Oregon Street, Bakersfield, CA 93305

$800,000
34 days on market
Updated 34 days ago
Opportunity zone

1610 Oregon Street

Details
Property Type Multifamily, Special Purpose
Sub Type Apartment Building, Religious/Church
Square Footage 5,680
Units 6
Cap Rate 5.00%
NOI $58,320
Price per SqFt $141
Class C
Year Built 1967
Year Renovated 2024,2025
Buildings 3
Lot Size (SqFt) 11,325
Zoning R-3
Ground Lease No

Four plex with two additional units. One for office space the other is a hall / conferance & kitche

Marketing description

Four plex plus two additional units available now.The Four plex are all two bedroom 1.5 bath and have had some recent renovations. Front unit has three offices private bath, conference room and has been recently renovated as well. Second unit has a kitchen , dining area , bathrooms and rec area. Perfect set up for an assisted living or group home.

Investment highlights

Four Plex with two additional units. One unit has three offices with private bath the other has a kitchen and large conference room. Entire property has been renovated.

Listing Contacts

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$58,320.00
$4,860.00/mo

Valuation Metrics

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DSCR
7.29%
Cap Rate
7.29%
ROI

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