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1701 OWENS ST Bakersfield, CA 93305
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $128
MLS Listing ID 22-126697
Sold Date 07/14/22
Bedrooms 8
Year Built 1922
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Multi-Family
Property Description
Upgraded fourplex with strong cash flow. All units are 2 bedroom 1 bath, have been renovated and are fully occupied. Rents are Unit A: $817, Unit B: $817, Unit C: $802 and Unit D: $875. 3 units are section 8, 1 unit is paid by the Dream Program with the Kern County Housing aAuthority. Rents are stronger than most listed properties in the area and yet there could be room to increase them even more! A rental increase request has been made for unit C at $880 per month with section 8. Units A and B may qualify for increases in the coming months as well. All tenants are on month to month leases. The key systems have been upgraded. Newer roof, plumbing, electrical and water heater. Great investment opportunity that won't last long.
Location
State CA
County Kern
Area Bakersfield
Zoning R-3
Rooms
Other Rooms None
Kitchen Granite Counters
Interior
Heating Wall
Cooling Wall/Window
Flooring Ceramic Tile
Equipment Range/Oven
Exterior
Parking Features None
Roof Type Asphalt
Building
Story 2
Water Public
Others
Special Listing Condition Standard
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