2115 G Street Active

Bakersfield,CA 93301

$ 1850000

- Bed

- Bath

3610 SqFt


Key Details

Property Type Commercial

Sub Type 11 Plus

Listing Status Active

Purchase Type For Sale

Square Footage 3,610 sqft

Price per Sqft $512

MLS Listing ID 202410326

Year Built 2006

Property Description

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!

Location

State CA

County Kern

Area 10

Exterior

Parking Features Uncovered

Building

Story 2

Schools

Elementary Schools Franklin

Middle Schools Emerson

High Schools Bakersfield

School District Bakersfield City

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