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2601 Bishop Dr
Bakersfield, CA 93306
2521-27, 2601 Bishop Dr - Upper NE Portfolio · Multifamily Property For Sale · 30 Units

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.53 AC
Building Size 9,996 SF
No. Stories 2
Year Built 1960
Parking Ratio 0.45/1,000 SF
Zoning R-3

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Carpet

SITE AMENITIES

  • Courtyard
  • Laundry Facilities

ABOUT 2601 BISHOP DR , BAKERSFIELD, CA 93306

30 units located in the upper NE Bakersfield submarket within walking distance to Bakersfield Junior college with enrollment of 19,428 students. The property is also one block from the Panorama Bluffs park which is one of the most popular recreation areas in NE Bakersfield. 2521-27 & 2601 Bishop were built between 1960-1964. These two side by side buildings consists of (25) 2-bedroom units and (5) 1-bedroom units. The current owners have done a nice job maintaining this property for the enjoyment of the residents. The rents range from $600-$800 and appear to have upside potential in the low 3.25% vacancy rate currently enjoyed amongst Bakersfield landlords.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 25 $725.00 -
1+1 5 $612.50 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
382-052-05-00-9
Land Assessment
$152,014
Improvements Assessment
$1,029,118
Total Assessment
$1,181,132
  • Listing ID: 18528081

  • Date on Market: 2/14/2020

  • Last Updated:

  • Address: 2601 Bishop Dr, Bakersfield, CA 93306

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