5703 Fairfax Rd
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5703 Fairfax Rd
4 Unit Apartment Building $702,500 ($175,625/Unit) Bakersfield, CA 93306
Investment Highlights
- fourplex in NE Bakersfield
- Uncovered parking and separate garages
- 3 bedrooms, 1.75 bath units
Executive Summary
Opportunity for a fourplex in NE Bakersfield. Each unit is 3 bedrooms, 1.75 bath. Uncovered parking and separate garages. Close to area amenities including local shopping centers, restaurants, and thoroughfares.
Similar properties available at 5717 Fairfax Road and 5801 Fairfax Road.
Similar properties available at 5717 Fairfax Road and 5801 Fairfax Road.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $702,500 | Building Class | C |
| Price Per Unit | $175,625 | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 4,613 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1988 |
| Apartment Style | Low Rise | Parking Ratio | 0.65/1,000 SF |
| Price | $702,500 |
| Price Per Unit | $175,625 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 4,613 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 0.65/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | $1,225 | - |
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PROPERTY TAXES
| Parcel Number | 439-090-02-00-1 | Improvements Assessment | $274,079 (2024) |
| Land Assessment | $70,714 (2024) | Total Assessment | $344,793 (2024) |
PROPERTY TAXES
Parcel Number
439-090-02-00-1
Land Assessment
$70,714 (2024)
Improvements Assessment
$274,079 (2024)
Total Assessment
$344,793 (2024)
zoning
| Zoning Code | Four-plex (Quadruplex) |
| Four-plex (Quadruplex) |
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5703 Fairfax Rd
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