Listed by Colliers - Bakersfield, California
$825,000
12400 Main St
Details
APN 187-091-24
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,600
Units 12
Cap Rate 9.70%
NOI $80,049
Occupancy 100%
Tenancy Multi
Price per SqFt $125
Buildings 6
Acreage 0.550
Zoning C-2 PD FPS
6 Duplex Buildings | Residential Income Property
Marketing description
12400 Main St is situated at the south end of Lamont, CA. Property features 6 residential duplex buildings for a total of 12 units. Prime location at the northwest corner of Main St. and Middleton Ln.
Investment highlights
- Property consists of six (6) buildings for a total of 12 units
- All 12 units are fully leased
- All units have 2 beds and 1 bath.
- Month to month tenancy allows for immediate upside in rent
- NOI of approx. $80,049. 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
$80,049.00
$6,670.75/mo
Valuation Metrics
0
DSCR
9.7%
Cap Rate
9.7%
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
View all 283 uses Last updated Mar 3, 2026 For deeper zoning details, reports are available at Zoneomics
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