31
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$2,100,000
Est. payment /mo
1.3 Acres Lot
Active
4023 O ST Bakersfield, CA 93301
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26037466
HOA Y/N No
Year Built 1986
Lot Size 1.300 Acres
Property Sub-Type Apartment
Property Description
GREAT Investment opportunity to acquire a 7-unit apartment portfolio spanning two well-maintained buildings one 4-plex and one
triplex situated on a large parcel with a vacant rear lot fully approved for 22 additional units.The included vacant rear lot comes with
city approvals and plans in place for a new 22-unit multifamily development, giving investors or developers the rare ability to generate
immediate cash flow from the existing 7 units while moving forward with an expansion project that dramatically increases density and
long-term returns.
triplex situated on a large parcel with a vacant rear lot fully approved for 22 additional units.The included vacant rear lot comes with
city approvals and plans in place for a new 22-unit multifamily development, giving investors or developers the rare ability to generate
immediate cash flow from the existing 7 units while moving forward with an expansion project that dramatically increases density and
long-term returns.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description Item610UnitsAcre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 12004001000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Listed by Alejandro Mora The Mora Partners Inc. 661-463-8186, DRE #01820381
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