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$ 690,000
Est. payment /mo
Pending
2804 N Half Moon Drive Bakersfield, CA 93309
4,163 SqFt
UPDATED:
11/20/2024 09:17 PM
Key Details
Property Type Commercial
Sub Type 5 - 10 Units
Listing Status Pending
Purchase Type For Sale
Square Footage 4,163 sqft
Price per Sqft $165
MLS Listing ID 202411750
Year Built 1978
Property Sub-Type 5 - 10 Units
Property Description
For sale at $690,000, this multi-family investment property located at 2804 N Half Moon Dr, Bakersfield, CA offers a prime opportunity for investors. Built in 1978, the property spans approximately 4,163 square feet and includes five units: one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. With a gross scheduled income of $63,360 and a gross rent multiplier of 10.81, there is significant upside potential in the current rent structure, making this an attractive proposition for maximizing rental income. Ideal for investors seeking long-term growth in a well-established neighborhood.
Location
State CA
County Kern
Area 52
Exterior
Parking Features Garage, Carport, Uncovered
Garage Spaces 1.0
Parking On Site 5
Building
Story 2
Schools
Elementary Schools Castle, C. H.
Middle Schools Actis, O. J.
High Schools West
School District Panama-Buena Vista
Listed by Marc A Thurston • ASU Commercial