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Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,069 sqft
Price per Sqft $167
MLS Listing ID P1-21692
Sold Date 06/06/25
Year Built 1969
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
Property Description
Enhance your real estate portfolio with a prime opportunity to acquire a reputable asset. This 4-plex generates consistent rental income in a highly desirable area of Bakersfield. As all units are currently occupied by reliable tenants, investors will benefit from immediate positive cash flow, avoiding the common vacancy issues associated with new investment properties. The property's current valuation is below market value, and its full occupancy status presents an exceptional opportunity for both novice and experienced investors. Properties that offer this combination of value and return are seldom available for extended periods.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central
Fireplaces Type None
Laundry None
Exterior
Parking Features Garage, Uncovered, Driveway
Garage Spaces 3.0
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Sprinklers None
Sewer Unknown
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900