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700 Pine Street

Bakersfield, CA 93304
  • $499,950
  • STATUS: Active
  • ON SITE: 48 Days
  • ID#: PI24047158
UPDATED: 78 min ago
$499,950
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): Larry Moreland of Larry Moreland Real Estate (661-201-8820)


Description

Oleander 4 unit building perfect for savvy investor. Classic 1950s income property features a duplex and apartment. All unit's feature (3) 2-bedrooms and 1-bathroom with (1) 1-car garage. Color coating done ready for paint. Owner replaced main sewer line, gas line and water line to street in 2004. Front unit of Duplex building was replumbed 2017. Upstairs unit over garage replumbed 2017 and new electrical and panel 2000. All unit entry doors open out and have been replaced with more durable fiberglass doors 2017. Front Duplex unit's feature framed in porches. Back unit over garage has Bon Air A/C unit replaced 2000 which feeds to unit below. Duplex building has two Bon Air Evaporative coolers replaced 2019. Property is in a row of similar triplex properties close to church, school, eateries downtown and shopping. Big upside potential in rental income with permitted 4th unit.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T23:33:49.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/148383656
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700 Pine Street Bakersfield, CA 93304

  • Price: $499,950
  • Status: Active
  • On Site: 48 Days
  • Updated: 78 min ago
  • ID#: PI24047158
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1953
Built
Neighborhood:
BKSF - Bakersfield
County:
Kern
Area:
BKSF - Bakersfield
Property Description
Oleander 4 unit building perfect for savvy investor. Classic 1950s income property features a duplex and apartment. All unit's feature (3) 2-bedrooms and 1-bathroom with (1) 1-car garage. Color coating done ready for paint. Owner replaced main sewer line, gas line and water line to street in 2004. Front unit of Duplex building was replumbed 2017. Upstairs unit over garage replumbed 2017 and new electrical and panel 2000. All unit entry doors open out and have been replaced with more durable fiberglass doors 2017. Front Duplex unit's feature framed in porches. Back unit over garage has Bon Air A/C unit replaced 2000 which feeds to unit below. Duplex building has two Bon Air Evaporative coolers replaced 2019. Property is in a row of similar triplex properties close to church, school, eateries downtown and shopping. Big upside potential in rental income with permitted 4th unit.
Exterior Features

Entry Level 1 Entry Location front Lot Features 0-1 Unit/AcreFront YardLawnLevelRectangular Lot Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features ConcreteDoor-SingleDrivewayGarageShared Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsGutter(s)Street LightsSidewalksUrban Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 34200 Gross Scheduled Income 34200 Insurance Expense 200 Land Lease YN No Laundry Features Washer HookupElectric Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan1031 Exchange Maintenance Expense 579 Net Operating Income 30200 New Construction YN No Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 4000 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 34200 Trash Expense 0 Water Sewer Expense 100 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-04-24T23:33:49.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Larry Moreland of Larry Moreland Real Estate (661-201-8820)