700 Pine

Bakersfield, CA 93304

Price

$499,950

Closing Date

Jan 01, 1800

MLS#

202402230

Status

PENDING

Type

Multifamily

SubType

4 Units

City

Bakersfield

Area

Downtown

County

Kern

Living Area

2,558

Year Built

1953

Lot Size

8,276

Property Description

Oleander 4 unit building perfect for savvy investor. Classic 1950s income property features a duplex and apartment. All unit's feature (3) 2-bedrooms and 1-bathroom with (1) 1-car garage. Color coating done ready for paint. Owner replaced main sewer line, gas line and water line to street in 2004. Front unit of Duplex building was replumbed 2017. Upstairs unit over garage replumbed 2017 and new electrical and panel 2000. All unit entry doors open out and have been replaced with more durable fiberglass doors 2017. Duplex unit's feature framed in porches. Back unit over garage has Bon Air A/C unit replaced 2000 which feeds to unit below. Duplex building has two Bon Air Evaporative coolers replaced 2019. Property is in a row of similar triplex properties close to church, school, eateries downtown and shopping. Big upside potential in rental income with permitted 4th unit.

Additional Information

Stories

1

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(661) 243-7282

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Courtesy of Larry A Moreland with Larry Moreland Real Estate

Provided Courtesy Of Bakersfield Association of Realtors.
Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Bakersfield Association of Realtors. All Rights Reserved.
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