$949,000
132 Ohio DR Bakersfield, CA 93307
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$949,000
Est. payment /mo
0.57 Acres Lot
New
132 Ohio DR Bakersfield, CA 93307
UPDATED:
11/16/2024 02:28 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24234764
HOA Y/N No
Year Built 1929
Lot Size 0.565 Acres
Property Description
Investor’s dream at 132 Ohio Dr, Bakersfield, CA 93307! This well-maintained 4-unit multi-family property offers an incredible income-generating opportunity in a high-demand rental area. Each unit features and provides comfortable living spaces for tenants and consistent rental income for the owner. 1 unit can be lived in (3 bed, 1 bath) for you to collect rent from the other tenants.
The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal.
With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.
The property boasts a spacious lot with ample parking, low-maintenance landscaping, and separate meters for utilities, making it easy to manage and operate. Recent updates include interior renovations, new roof, and much more, ensuring minimal upkeep and strong tenant appeal.
With strong rental history and market rents averaging 1300 per unit, which is lower than per forma, this property is perfect for both seasoned investors and those looking to expand their portfolio while living there. Located close to local amenities, schools, and major transportation routes, the units stay occupied year-round.
Location
State CA
County Kern
Area Bksf - Bakersfield
Zoning R-2
Interior
Fireplace No
Laundry Washer Hookup
Exterior
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 16906206000
Energy Description 50.0
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard
Listed by Seven Star Properties • Mamdouh Elalami • 805-558-6069