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

4215 Teal St
Bakersfield, CA 93304
Teal Townehouses · Multifamily Property For Sale · 58 Units

Investment Highlights

  • 13 Separate Buildings on a 2.1 AC
  • Excellent Unit Mix of All Spacious Townhome Style (2+1.5)
  • Carport and Open Space Parking, Onsite Laundry Facilities
  • Currently 5.6% Cap and 8.7 GRM in place, Proforma 7.4 Cap and 7.5% GRM
  • Separately Metered for Gas and Electric- Plus Rubs in Place
  • Well Maintained- New Asphalt 2024, New Roofs 2015

Property Facts

No. Units 58
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 2.10 AC
Building Size 56,000 SF
No. Stories 2
Year Built 1984
Parking Ratio 2.13/1,000 SF
Zoning R-3 - medium density residential

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 58 $1,275 970

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 405-121-01-00-6
  • 405-121-02-00-9
Land Assessment
$706,765
Improvements Assessment
$3,623,733
Total Assessment
$4,330,498
  • Listing ID: 34863630

  • Date on Market: 2/18/2025

  • Last Updated:

  • Address: 4215 Teal St, Bakersfield, CA 93304

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}