Bakersfield, CA 93305,1701 OWENS ST
Bakersfield, CA 93305,1701 OWENS ST
Bakersfield, CA 93305,1701 OWENS ST
14
$425,000
Est.Price: ?

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8 BD
4 BA
2,880 SqFt

1701 OWENS ST Bakersfield, CA 93305

Est. payment /mo
SOLD DATE : 07/14/2022

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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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TheMLS (CLAW)
Listed by First Elite
Bought with Redfin Corporation
Jennifer D. Holmes
Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972 | jenniferd.holmes@evrealestate.com

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