2115 2117 G Street, Bakersfield, CA 93301

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Property Description

We're excited to present a lucrative twelve (12) unit multifamily investment in the heart of Bakersfield's vibrant Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This exceptional property spans two Contiguous parcels: an eight-unit building Constructed in 2006 and a four-unit building from 1968. Both buildings feature spacious one-bedroom, one-bathroom units, making them highly desirable in today's rental market. Five of the twelve units have already been tastefully remodeled and are achieving top-market rents. The remaining seven units present a tremendous opportunity for the next owner to complete the remodels and bring them up to market rent, unlocking significant additional income potential. This asset provides immediate cash flow and a clear path to enhanced revenue growth. Whether you're an experienced investor or looking to break into multifamily investments, Seize the opportunity to unlock potential in a prime location today.


Interior Features

Laundry Information
Location(s) Inside
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 2115 2117 G Street
City Bakersfield
State CA
Zip 93301
County Kern
Listing Agent Esteban Contreras DRE #01975384
Courtesy Of Central Valley Property Advisors
List Price $1,850,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 9,147
Year Built 2006

Listing information courtesy of: Esteban Contreras, Central Valley Property Advisors. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 20th, 2024 at 10:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker 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.