1325 K St Bakersfield, CA 93301
  • For Sale Pending
  • Multi Family Ā· 7 Units

1325 K St Bakersfield, CA 93301 Get directions

$529,000 $126/Sq. ft.
3 Beds 3 Baths 4,200 Sq. ft. 6,112 Sq. ft. Lot
  • Age 88 Years
  • MLS# SB20058268
  • Listed 3 Months 19 Days Ago

Overview

Well kept residential income property in a great location of Bakersfield. Near schools, shopping centers, movie theaters, ice rink, arena, police station and the courts. A lot of work in the area so occupancy not an issue. For the price of and amount of units, great starter investment. Strong ROI, above 8%.Easy to manage property with good rental income. Four of the units are separate and no common walls. Stand alone. Three are in one of the buildings, two upstairs and one downstairs.

Features

Bedrooms

  • Bedrooms: 3

Heating and Cooling

  • Cooling Features: Evaporative Cooling
  • Heating Features: Wall Furnace
  • Heating: Yes

Bathrooms

  • Full Bathrooms: 3

Land Info

  • Lot Description: 0-1 Unit/Acre
  • Lot Size Acres: 0.1403122
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6112

Garage and Parking

  • Garage Spaces: 1
  • Parking Total: 3

Multi-Unit Info

  • Number of Units: 7
  • Bedrooms in Unit-1: 1
  • Bedrooms in Unit-3: 2
  • Total Bathrooms in Unit-1: 1
  • Total Bathrooms in Unit-2: 1
  • Total Bathrooms in Unit-3: 1
  • Unit-3 Garage Spaces: 1

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Rent Control: Yes

Amenities and Community Features

  • Community Features: Street Lights, Urban

Other Property Info

  • Source Listing Status: Pending
  • County: Kern
  • Cap Rate: 7.42
  • Source Property Type: Multi-Family
  • Insurance Expense: 1500.00
  • Area: BKSF - Bakersfield
  • Source Neighborhood: BKSF - Bakersfield
  • Parcel Number: 00646002002
  • Postal Code Plus 4: 5400
  • Source System Name: C2C

Commercial Info

  • Net Operating Income: 39264.00

Building and Construction

  • Total Square Feet Living: 4200.00
  • Year Built: 1932
  • Building Features: 5
  • Common Walls: 2+ Common Walls
  • Property Age: 88
  • Property Attached: Yes
  • Levels or Stories: One
  • Building Total Stories: 1
  • Year Built Source: Assessor

Utilities

  • Sewer: Sewer: Public Sewer, Water Sewer Expense: 1200.00
  • Water Source: Public

Nearby Schools

We're sorry we have no data related to schools for this listing.

Neighborhood

Property History for 1325 K St

Property Price

Date Event Price Price / Sq ft Source
2020-05-12 Relisted $529,000 $125 CRMLS
2020-05-05 Listing removed $0 CRMLS
2020-04-24 Relisted $529,000 $125 CRMLS
2020-04-23 Listing removed $0 CRMLS
2020-03-17 Listed $529,000 $125 CRMLS

The price and tax history data is obtained from public records and/or MLS feeds from local jurisdiction. Contact your REALTORĀ® directly in order to obtain the most up-to-date information available.