$1,050,000
$1,050,000
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2115 G Street Bakersfield, CA 93301
3,610 SqFt
Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 3,610 sqft
Price per Sqft $290
MLS Listing ID 202504062
Sold Date 07/01/25
Year Built 2006
Property Sub-Type 5 - 10 Units
Property Description
We are honored to present for sale this 8-unit multifamily investment located at 2115 G Street, Bakersfield, CA 93301 just a few blocks from the iconic Fox Theatre and the highly acclaimed Padre Hotel. This well-located asset consists of eight spacious 1-bedroom, 1-bathroom units, offering a compelling value-add opportunity in the heart of Downtown Bakersfield. The property is already producing strong in-place cash flow, supported by its desirable location, a history of key capital improvements (including new fencing, exterior paint, and interior unit renovations), and steady renter demand for this popular unit mix. With several units already renovated, the property offers a clear plug-and-play path to boost rental income as remaining units are updated. This is a rare opportunity to acquire a stabilized yet growth-oriented asset with both cash flow and long-term upside. For serious investors seeking location, returns, and proven performance this is one to watch.
Location
State CA
County Kern
Area 10
Exterior
Parking Features Other
Building
Story 2
Schools
Elementary Schools Franklin
Middle Schools Emerson
High Schools Bakersfield
School District Bakersfield City
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Bought with Bobby Chalhoub • Brimhall Realty