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Address Not Available By Request

Bakersfield, CA 93301
  • $1,200,000
  • STATUS: Active
  • ON SITE: 120 Days
  • ID#: 202200603
UPDATED: 48 min ago
$1,200,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
10
Type:
Commercial
Built:
1937
County:
Area:
10

School Ratings & Info

Description

Located in an Opportunity zone. Nice building downtown , close to Kaiser Permanente and Adventist medical center. Property consists of multiple addresses,1401-1411 25th Street and 2421 K Street. Very low maintenance,all units have rest rooms.Please do not disturb tenants.Currently partially leased out,approximately one half is owner user (4275 sf ). Drive by only. Income is proforma, based on$.66 SF , with new taxes at 1.25% of SP and $4000.00 insurance estimate.

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Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Res/Com California or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-05-20T11:31:39.517.
www.teamalishaan.com/homes/124873188
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Address Not Available By Request Bakersfield, CA 93301

  • Price: $1,200,000
  • Status: Active
  • On Site: 120 Days
  • Updated: 48 min ago
  • ID#: 202200603
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1937
Built
Neighborhood:
10
County:
Kern
Area:
10
Property Description
Located in an Opportunity zone. Nice building downtown , close to Kaiser Permanente and Adventist medical center. Property consists of multiple addresses,1401-1411 25th Street and 2421 K Street. Very low maintenance,all units have rest rooms.Please do not disturb tenants.Currently partially leased out,approximately one half is owner user (4275 sf ). Drive by only. Income is proforma, based on$.66 SF , with new taxes at 1.25% of SP and $4000.00 insurance estimate.
Property Features

Annual Gross Income 93338.00 Annual Net Income 74338.00 Cap Rate 6.2% Commercial Type Commercial Current Use Owner User Auto Repair Total Annual Expense 19000.00 Zone C2

Listing courtesy of James Kozlowski of Res/Com California.


Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2022. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Res/Com California or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2022-05-20T11:31:39.517.
 
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Agentcor Realty
5016 California Ave
Bakersfield CA, 93309