This Multifamily Property is no longer advertised on LoopNet.com.

214 Beardsley Ave
Bakersfield, CA 93308
Multifamily Property For Sale · 12 Units

Investment Highlights

  • Comprises 13 units including a high-earning store/market lease
  • Opportunity for rent hikes by end of 2023, enhancing revenue
  • Available financing from the seller without origination or appraisal fees
  • Currently generates $14,150 monthly, with potential to increase to $15,250
  • Store lease structured to exceed typical commercial rates, adding significant value
  • Potential to create two separate parcels, allowing independent sale of the store, increasing flexibility and investment appeal

Property Facts

No. Units 12
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Low-Rise
Building Class C
Lot Size 0.72 AC
Building Size 7,179 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1946/2021
Parking Ratio 2.79/1,000 SF
Zoning R4 - Multifamily Zoning

Amenities

  • Smoke Detector

Unit Amenities

  • Heating
  • Tile Floors
  • Kitchen
  • Oven
  • Range
  • Carpet
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • On-Site ATM

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 - -
2+1 6 - -

Property Taxes

Property Taxes

Parcel Number
114-250-26-00-9
Land Assessment
$193,800
Improvements Assessment
$1,208,700
Total Assessment
$1,402,500
  • Listing ID: 30684948

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 214 Beardsley Ave, Bakersfield, CA 93308

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