2401 Olive St
Bakersfield, CA 93301
Westchester Townhouses · Multifamily Property For Sale
·
16 Units
Investment Highlights
- Great Rental location
- Easy Travel disbursement and access to freeways
- Solid Unit Mix
- Laundry room, sparkling pool, solid rents, near major retail and eateries
Property Facts
| No. Units | 16 | Building Size | 16,821 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1969/2017 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.57 AC | ||
| Zoning | R-3 - Multi- Family | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 16,821 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2017 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | R-3 - Multi- Family |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Heating
- Kitchen
- Built-In Bookshelves
Site Amenities
- Laundry Facilities
- Pool
About 2401 OLIVE ST , BAKERSFIELD, CA 93301
Marcus & Millichap is pleased to present Westchester Townhouses located in Bakersfield, CA. The property is two-story construction. Built in 1969, the complex is 16 units totaling 16,821-square feet on a 24,829-square foot lot. The property consists of 3 buildings on one parcel. The property has 14 two-bedroom/one and a half-bathroom townhouse units that are approximately 1,056-square feet each, one two-bedroom/two-bathroom unit that are approximately 910-square feet each and one three-bedroom/two-bathroom unit that is approximately 1,386-square feet. Each unit is separately metered for gas and electricity and there is an on-site laundry facility. The apartments are located in a very strong rental market. The property has a centrally located sparkling pool. All units have a balcony or patio and there is lighted covered parking and exterior lighting throughout the community. The property is located at the northwest corner of Olive Street and 24th St (Hwy 178). There is easy access on and off Highway 99.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $1,023 | 1,000 |
| 2+2 | 1 | $890.00 | 900 |
| 2+2 | 14 | $895.00 | 700 |
Property Taxes
| Parcel Number | 001-390-18-00-4 | Improvements Assessment | $1,820,700 |
| Land Assessment | $468,180 | Total Assessment | $2,288,880 |
Property Taxes
