Listed by Colliers - Bakersfield, California
$445,000
Residential Income Property
Details
APN 187-101-03
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,104
Units 6
Cap Rate 8.35%
NOI $37,176
Occupancy 100%
Tenancy Multi
Price per SqFt $108
Buildings 4
Acreage 0.310
Zoning C-2 PD FPS
Investment Type Stabilized
Multifamily | 8.35% CAP | 6 Units
Marketing description
12520 Main St is positioned at the south end of Lamont, CA. Property features 2 residential duplex buildings and 2 single unit buildings for a total of 6 units. Prime location at the northwest corner of Main St. and Phillips St.
Investment highlights
- Property consists of four (4) buildings for a total of 6 units.
- Two (2) duplex buildings and Two (2) single unit buildings.
- All 6 units are fully leased.
- One unit is 3 bed 1 bath and five units are 2 beds and 1 bath.
- Month to month tenancy allows for immediate upside in rent
- NOI of approx. $37,176. See attached financial analysis
- Located within an Opportunity Zone where long-term investments may be eligible for preferential federal tax treatment
- Several other properties for sale from this portfolio. Call agent for details.
- Make offer subject to interior inspection.
Listing Contacts
Listed by Colliers - Bakersfield, California
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,176.00
$3,098.00/mo
Valuation Metrics
0
DSCR
8.35%
Cap Rate
8.35%
ROI
Map
Zoning
C-2-PD-FPS MixedMixed UseGeneral Commercial Precise Development And Floodplain Secondary Combining District
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View all 283 uses Last updated Mar 3, 2026 For deeper zoning details, reports are available at Zoneomics
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