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2006 Kentucky St
Bakersfield, CA 93305
Kentucky Villas · Multifamily Property For Sale · 52 Units

PROPERTY FACTS

No. Units 52
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.10 AC
Building Size 41,092 SF
Average Occupancy 100%
No. Stories 2
Year Built 1985
Parking Ratio 10/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Carpet
  • Wi-Fi

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Wi-Fi
  • Community-Wide WiFi
  • Key Fob Entry
  • Walk-Up

ABOUT 2006 KENTUCKY ST , BAKERSFIELD, CA 93305

Kentucky Villa’s was built in 1985 and possesses an attractive unit mix of majority, large two-bedroom units (835 Sq. Ft.) The property is composed of (40) two-bedroom units and (12) one-bedroom units. The property has been well maintained throughout ownership and features newer roofing, updated exterior paint, copper plumbing, units with new ceramic tile flooring, updated lush landscaped grounds and a sparkling pool with managers office for tenant's convenience. The apartment community is composed of (6+) buildings including; (5) buildings housing the (40) two-bedroom units and (1) building housing the (12) one-bedroom units. The one-bedroom building was re-built in 2017 for +$1,000,000 following a fire. All units feature spacious living rooms and bedrooms, central heating and air conditioning, dishwashers, balconies / patios, play areas, ample carport and guest parking. Each unit is individually metered for gas and electric. Kentucky Villa is centrally located close to Kern Medical Center, Schools, Bakersfield College, and the East Hills Mall, (Walmart, Home Depot, Big Lots). Bakersfield is located 100 miles North of Los Angeles and is one of the fastest growing cities in California, currently the 9th largest. Bakersfield is the seat of Kern County, which generates 75% of the state's oil supply and ranks third among all counties in the United States in agriculture related production. Surrounded by Interstate 5, Freeway 99, and Highway 58, these major arterial make Bakersfield a prime location for industries (Chevron, Occidental Petroleum), aerospace (Edwards Air Force Base), manufacturing and distribution (Target, IKEA, Famous Footwear), food processing (Frito Lay, Bolthouse, Dreyer's, Grimmway Farms), and various corporate / regional headquarters.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 12 $687.50 650 - 700
2+1 40 $800.00 835 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
138-250-40-00-3
Land Assessment
$177,168
Improvements Assessment
$1,856,789
Total Assessment
$2,033,957
  • Listing ID: 16686170

  • Date on Market: 7/22/2019

  • Last Updated:

  • Address: 2006 Kentucky St, Bakersfield, CA 93305

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