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Grand View Duplexes 729 L St

16 Unit Apartment Building $4,200,000 ($262,500/Unit) Bakersfield, CA 93304

Apartment Buildings California Bakersfield 729 L St, Bakersfield, CA 93304

Investment Highlights

  • 8 Individually Parceled Duplexes Built in 2008
  • Prime Location in Desirable Rental Area
  • Operational Upside and Economies of Scale (as a portfolio)
  • Upside Potential in Market Rents
  • Spacious 3-Bedroom Units with Excellent Amenities

Property Facts

Price $4,200,000 Lot Size 0.72 AC
Price Per Unit $262,500 Building Size 20,560 SF
Sale Type Investment Average Occupancy 100%
No. Units 16 No. Stories 2
Property Type Multifamily Year Built 2008
Property Subtype Apartment Parking Ratio 0.97/1,000 SF
Apartment Style Townhome Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class C
Price $4,200,000
Price Per Unit $262,500
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
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Unit Amenities

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

Site Amenities

  • 24 Hour Access

Links

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Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
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Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

zoning

Zoning Code R-3 (R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max))
R-3 (R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max))
(661) 330-1283

Contacts

  • Listing ID: 34254912

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 729 L St, Bakersfield, CA 93304

More public record information on 729 L St, Bakersfield, CA 93304

The Multifamily Property at 729 L St, Bakersfield, CA 93304 is currently available for sale. Contact The Mogharebi Group for more information.

Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS

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729 L St, Bakersfield, CA for sale Building Photo- Image 1 of 8
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Grand View Duplexes | 729 L St
(661) 330-1283 x

Grand View Duplexes | 729 L St

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Mark Bonas

(661) 330-1283

(661) 330-1283

Otto Ozen

(909) 235-7886

(909) 235-7886

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