Active

2115-2117 G Street

$1,900,000

  • 12

    Units

2115-2117 G Street
Bakersfield, CA 93301

We are excited to bring to market a lucrative twelve (12) unit multifamily investment in the thriving Bakersfield Downtown Corridor, just steps from the iconic Fox Theatre and the renowned Padre Hotel. This prime asset comprises two contiguous parcels: an eight-unit building built in 2006, and a four-unit building from 1968, both featuring spacious one-bedroom, one-bathroom units designed for solid performance. Investors can seize a rare opportunity for immediate revenue growth with an 11% rental upside, ready to be capitalized on. The 1968 building has seen strategic upgrades in three of its four units, including new flooring, paint, countertops, cabinets, and window upgrades aimed at maximizing tenant appeal and rental income. With a total of 6,010 square feet of rentable space on a 9,147 sq. ft. lot, this offering balances stability with strong upside potential in a highly desirable location. This is an exceptional opportunity to acquire a robust asset with immediate cashflow.

Listing

provided by

Eric Van Denk

(661) 376-0575 ex 1

Esteban Contreras

Esteban Contreras

(661) 376-0575 ex 2