Oak Park Townhomes 729 L St 16 Unit Apartment Building For Sale Bakersfield, CA 93304

INVESTMENT HIGHLIGHTS

  • 8 Individually Parceled Duplexes Built in 2008
  • Prime Location in Desirable Rental Area
  • Operational Upside and Economies of Scale
  • Upside Potential in Market Rents
  • Spacious 3-Bedroom Units with Excellent Amenities
  • Can be purchased with 331 Pacheco Ave as a portfolio of 48 Units

EXECUTIVE SUMMARY

For More Information Please Click On the Landing Page URL In The Link Section Below.
Motivated Seller-Call for pricing
Upside Potential in Market Rents
Prime Location in Desirable Rental Area
Spacious 3-Bedroom Units with Excellent Amenities
Operational Upside and Economies of Scale (as a portfolio)
Can be purchased with 331 Pacheco for a total of 48 Units

PROPERTY FACTS

Sale Type Investment
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.72 AC
Building Size 20,560 SF
Average Occupancy 100%
No. Stories 2
Year Built 2008
Parking Ratio 0.97/1,000 SF
Opportunity Zone Yes

UNIT AMENITIES

  • Ceiling Fans
  • Kitchen
  • Oven
  • Tub/Shower
  • Breakfast Nook
  • Double Pane Windows

SITE AMENITIES

  • 24 Hour Access

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2.5 16 $1,900 1,400
Walk Score®
Very Walkable (83)

ZONING

Zoning Code R-3 (R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max))
  • Listing ID: 34254912

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 729 L St, Bakersfield, CA 93304