Bakersfield, CA 93304,132 L Street
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Bakersfield, CA 93304,132 L Street
Bakersfield, CA 93304,132 L Street
Bakersfield, CA 93304,132 L Street
Bakersfield, CA 93304,132 L Street

$2,675,000

Est. payment /mo

$2,650,000

0.9%
Est.Price: ?

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132 L Street Bakersfield, CA 93304

20,160 SqFt

SOLD DATE : 01/24/2022

Key Details

Sold Price $2,675,000

Property Type Commercial

Sub Type 11 Plus

Listing Status Sold

Purchase Type For Sale

Square Footage 20,160 sqft

Price per Sqft $132

MLS Listing ID 202111423

Sold Date 01/24/22

Year Built 1971

Property Sub-Type 11 Plus

Property Description

CVPA is proud to present for this one of a kind opportunity to acquire a value-add multi-family asset located in the heart of Bakersfield CA. Situated on a 69,173 sq.ft. lot, with a gross rentable square footage of 20,160 the offering consists of eighteen (18) one bedroom, one bathroom units and fifteen (15) studios. This is a true value-add opportunity allowing any savvy investor the potential to increase rents 15%-20% above current gross income! & not to mention the ability to capitalize on Kern Counties 1%-2% vacancy rate!! Bakersfield Is home to the e-commerce giant Amazon, with its one-million+ square-foot fulfillment center & a second center currently under construction.

Location

State CA

County Kern

Area 10

Exterior

Parking Features Uncovered

Building

Story 1

Schools

Elementary Schools Mckinley

Middle Schools Emerson

High Schools Bakersfield

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Golden Empire MLS (Bakersfield AOR)
Listed by Esteban Contreras • Central Valley Property Adviso
Bought with Eric VanDenk • Central Valley Property Adviso
agent
Karin Magar

Realtor | License ID: 01985479

+1(661) 301-5614 | karinmagar@gmail.com

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