$1,368,000
$1,585,000
13.7%For more information regarding the value of a property, please contact us for a free consultation.
9,512 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $1,368,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 9,512 sqft
Price per Sqft $143
MLS Listing ID MD24107749
Sold Date 08/09/24
HOA Y/N No
Year Built 1940
Lot Size 0.806 Acres
Acres 0.8056
Property Description
We are proud to have been chosen to exclusively present for sale this 18 unit multi-family property located @ 929 E Brundage Ave in Bakersfield CA 93307. The offering has significant value-add potential with all 1 bedroom, 1 bath units, & recently underwent significant upgrades, including a brand-new roof installation and replacement of the main sewer line. With these vital improvements enhancing the property's value and durability, along with the addition of a new unit constructed in 2023, investors can expect increased tenant satisfaction and decreased maintenance costs. Strategically located with easy access to downtown Bakersfield and major highways, along with proximity to a plethora of community amenities, this property presents an enticing opportunity for those seeking promising returns in Bakersfield's thriving rental market. Seize the chance to secure your financial future with this lucrative investment!
Location
State CA
County Kern
Area Bksf - Bakersfield
Zoning C2
Rooms
Ensuite Laundry Washer Hookup, Electric Dryer Hookup
Interior
Interior Features Tile Counters
Laundry Location Washer Hookup,Electric Dryer Hookup
Cooling Evaporative Cooling, See Remarks
Flooring Tile
Fireplaces Type None
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup
Exterior
Garage None
Pool None
Community Features Storm Drain(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Water Connected
Accessibility Other
Parking Type None
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 16814106009
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
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Bought with Eric Van Denk • Central Valley Property Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "