414 Washington Ave, Bakersfield, CA 93308-332 | 414 Washington Ave
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414 Washington Ave, Bakersfield, CA 93308-332 414 Washington Ave
4 Unit Apartment Building $674,245 CAD ($168,561 CAD/Unit) 3.81% Cap Rate Bakersfield, CA 93308
Investment Highlights
- Two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units
- Most units have been recently updated
- All units are currently rented out and generating income
Executive Summary
Don’t miss out on this fantastic quadruplex, a great addition to your investment portfolio! This property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently rented out and generating income. Conveniently located near Meadows Field Airport, local restaurants, parks, and more, it offers easy access to everything your tenants need. Most units have been recently updated, adding value and appeal to the property. This is a solid, income-producing opportunity that won't last long—call today!
Property Facts
Price | $674,245 CAD | Apartment Style | Low Rise |
Price Per Unit | $168,561 CAD | Building Size | 2,464 SF |
Sale Type | Investment | Average Occupancy | 100% |
Cap Rate | 3.81% | No. Stories | 1 |
No. Units | 4 | Year Built | 1939 |
Property Type | Multifamily | Opportunity Zone |
Yes
|
Property Subtype | Apartment |
Price | $674,245 CAD |
Price Per Unit | $168,561 CAD |
Sale Type | Investment |
Cap Rate | 3.81% |
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Size | 2,464 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1939 |
Opportunity Zone |
Yes |
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 4 | $1,247 CAD | - |
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PROPERTY TAXES
Parcel Number | 113-211-25-00-4 | Improvements Assessment | $298,861 CAD |
Land Assessment | $76,630 CAD | Total Assessment | $375,491 CAD |
PROPERTY TAXES
Parcel Number
113-211-25-00-4
Land Assessment
$76,630 CAD
Improvements Assessment
$298,861 CAD
Total Assessment
$375,491 CAD
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414 Washington Ave, Bakersfield, CA 93308-332 | 414 Washington Ave
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