414 Washington Ave, Bakersfield, CA 93308-332 | 414 Washington Ave
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414 Washington Ave, Bakersfield, CA 93308-332 414 Washington Ave
4 Unit Apartment Building $479,999 ($120,000/Unit) 3.81% Cap Rate Bakersfield, CA 93308
Investment Highlights
- Two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units
- Most units have been recently updated
- All units are currently rented out and generating income
Executive Summary
Don’t miss out on this fantastic quadruplex, a great addition to your investment portfolio! This property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all currently rented out and generating income. Conveniently located near Meadows Field Airport, local restaurants, parks, and more, it offers easy access to everything your tenants need. Most units have been recently updated, adding value and appeal to the property. This is a solid, income-producing opportunity that won't last long—call today!
Property Facts
| Price | $479,999 | Apartment Style | Low Rise |
| Price Per Unit | $120,000 | Building Size | 2,464 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 3.81% | No. Stories | 1 |
| No. Units | 4 | Year Built | 1939 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Property Subtype | Apartment |
| Price | $479,999 |
| Price Per Unit | $120,000 |
| Sale Type | Investment |
| Cap Rate | 3.81% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Size | 2,464 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1939 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $887.50 | - |
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PROPERTY TAXES
| Parcel Number | 113-211-25-00-4 | Improvements Assessment | $213,259 |
| Land Assessment | $54,681 | Total Assessment | $267,940 |
PROPERTY TAXES
Parcel Number
113-211-25-00-4
Land Assessment
$54,681
Improvements Assessment
$213,259
Total Assessment
$267,940
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414 Washington Ave, Bakersfield, CA 93308-332 | 414 Washington Ave
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