132 L Street, Bakersfield, CA 93304

Sold

132 L Street

$2,675,000

  • 33

    Units

  • $188

    Price/SF

  • 6%

    CAP

  • 10.97

    GIM

132 L Street
Bakersfield, CA 93304

Discover an exceptional investment opportunity at 132 L St in Bakersfield, CA 93304. This strategically positioned apartment building is conveniently located near the heart of downtown Bakersfield, promising a desirable urban lifestyle. With a steady cash flow, this property features a total of 33 units, thoughtfully composed of 18 generous one-bedroom residences and 15 meticulously designed studios. Priced at $3.795 million, this stabilized asset presents an attractive proposition for both seasoned investors and those entering the real estate market. Notably, there is significant room for rental increase, offering potential for enhanced revenue. Seize the chance to acquire a valuable piece of real estate in a prime location, poised to provide secure returns while offering the potential for further growth. Contact us today to explore this enticing opportunity in Bakersfield, CA.

Listing

provided by

Eric Van Denk

(661) 376-0575 ex 1

Esteban Contreras

Esteban Contreras

(661) 376-0575 ex 2