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.
Property Details
Price:
$1,850,000
MLS #:
MD24237689
Status:
Active
Baths:
0
Address:
2115 G Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
bksfbakersfield
City:
Bakersfield
Listed Date:
Nov 20, 2024
State:
CA
ZIP:
93301
Lot Size:
9,147 sqft / 0.21 acres (approx)
Year Built:
2006
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Schools
Interior
Cooling
Central Air
Heating
Central
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address2115 G Street Bakersfield CA
- AreaBKSF – Bakersfield
- CityBakersfield
- CountyKern
- Zip Code93301
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Courtesy of Central Valley Property Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.
2115 G Street
Bakersfield, CA
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