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10024 Greenacres Drive

Bakersfield, CA 93312
  • $525,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: DW22170395
UPDATED: 39 min ago
$525,000
  • 0
    BEDS
  • 0.55
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Gil Legaspi of Legaspi Commercial (562-205-1700)


Description

Legaspi Commercial is pleased to offer for sale this 3-unit investment property located in the city of Bakersfield. The property is located in the "incorporated" section of the city. The subject property is comprised of a 4Bed/2.5Bath, 3Bed/1Bath & a 2Bed/1Bath. The property also has two unpermitted studios. The current owner has kept the rental rates well below market, making this a great opportunity for the savvy investor to utilize "substantial improvement" to reposition the property and take advantage of potential upside in rental income!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
www.amayarealestategroup.com/homes/131577789
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10024 Greenacres Drive Bakersfield, CA 93312

  • Price: $525,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 39 min ago
  • ID#: DW22170395
0
Beds
0
Baths
0
½ Baths
0.55
Acres
1953
Built
Neighborhood:
699 - Not Defined
County:
Kern
Area:
699 - Not Defined
Property Description
Legaspi Commercial is pleased to offer for sale this 3-unit investment property located in the city of Bakersfield. The property is located in the "incorporated" section of the city. The subject property is comprised of a 4Bed/2.5Bath, 3Bed/1Bath & a 2Bed/1Bath. The property also has two unpermitted studios. The current owner has kept the rental rates well below market, making this a great opportunity for the savvy investor to utilize "substantial improvement" to reposition the property and take advantage of potential upside in rental income!
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Cap Rate 5.14 Common Interest None Community Features Suburban Electric Expense 9600 Fuel Expense 1200 Garage YN No Gross Income 50400 Gross Scheduled Income 50400 Insurance Expense 1543 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 26963 New Construction YN No New Taxes Expense 6563 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 21296 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 4200 Trash Expense 1140 Vacancy Allowance 1512 Water Sewer Expense 1880 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-19T00:30:54.763. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Nest Real Estate. Licensed in the State of California, USA.
 
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Nest Real Estate
21804 Cactus Ave ste 101
Riverside CA, 92518
Listing Agent(s): Gil Legaspi of Legaspi Commercial (562-205-1700)