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32437210
32437208

2124 O ST, BAKERSFIELD, CA 93301 For Sale

DM
CA 02215280
Epique Realty
Listed by Epique Realty
$1,088,888
69 days on market
Updated 11 days ago
Opportunity zone

7 UNIT FULLY RENO'D DT Bakersfield

Details
APN 005-311-15
Property Type Multifamily
Sub Type Apartment Building
Square Footage 5,618
Net Rentable (SqFt) 84,068
Units 9
Cap Rate 7.00%
NOI $84,068
Occupancy 100%
Price per SqFt $210
Class C
Year Built 1985
Year Renovated 2025
Stories 2
Lot Size (SqFt) 9,147
Zoning C-2
Parking Spaces 9 spaces
Parking per 1,000 SqFt 1.60
Ground Lease No

Rehabbed Fourplex + TRI 7 CAP

Marketing description

The property generates a gross income of $98,400 annually right now, with rents ranging from $850 to $1,450, making it an excellent investment opportunity. Asking Price: REDUCED TO $1,100,800 Contact us today to learn more!

Corner Complex, mix of fourplex & triplex located at 2126 O Street in the desirable downtown Bakersfield neighborhood, all units completely have been rehabbed inside. This 7-unit property is near plenty of points of interests and landmarks! Walking distance from Downtown Elementary & 10-minute walk to Bakersfield Convention Center. Built in 1985 and featuring a mix of fourplex spacious 2-bedroom/1.75. bath units, 3 comfortable 1-bedroom/1-bath. The building offers approximately 5,618 square feet of rentable space. Recent upgrades include 4 new HVAC 2025 and freshly painted interior, with additional amenities like parking accessed via the alley and an on-site laundry room.

DRIVE BY ONLY Offer SUBJECT TO INSPECTION. DO NOT DISTURB TENANTS

Listing Contacts

DM
CA 02215280
Epique Realty
Listed by Epique Realty

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,068.00
$7,005.67/mo

Valuation Metrics

0
DSCR
7.72%
Cap Rate
7.72%
ROI

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Additional Information

Name
Debra McTaggart
License
02215280
Brokerage
EPIQUE REALTY
Brokerage Phone
310-409-3649
Brokerage Address
8383 Wilshire Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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