19 Leased Single Family Homes Bakersfield, CA 93305US

Residential Income, 51 bedrooms, 21,217 sq ft, 2.98 acres
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Listed
For Sale
8/7/16
124 Days
$2,500,000
Price changed from $2,500,000 to $2,390,000 on 10/20/2016
$2,390,000
Bedrooms
51
Bathrooms
--
Finished Sq Ft
21,217 sq ft
Type
Residential Income
Style
--
Lot Size
2.98 ac
Mortgage Payment
--
Taxes
--
Year Built
--
Subdivision
Bakersfield (BKSF)
Stories
1
MLS #
16149810
--
Your Rating:
Listing Broker  
Kohan & Associates Real Estate

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PRICE REDUCTION! We are pleased to present for sale a single-family home portfolio with very strong/steady cash flow and stable tenants located in Bakersfield, California. This portfolio is comprised of 19 fully leased homes with an actual 6.7% cap rate and presents an exciting and rare opportunity for an investor who sees the significant and immediate upside in a non-rent controlled market coupled with more aggressive management. The 19 homes are comprised of 21,217 combined square feet of building and are situated on 129,803 combined square feet of land. The homes are within close proximity of one another, allowing for easy management and maintenance. These desirable neighborhoods are located close to a large Bakersfield employment base generated by oil, retail, office, restaurants, bars and entertainment venues.
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Previous Sales and Listing History

DateEventSourcePrice
10/20/2016Price ChangeTheMLS 16149810$2,390,000
8/7/2016For SaleTheMLS 16149810$2,500,000

Recent Sales Like 19 Leased Single Family Homes

14
$363k
80
$311k
15%

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Bakersfield Public Schools

A child living at 19 Leased Single Family Homes, Bakersfield, CA would typically attend one of the following public schools: Jefferson Elementary School, Walter Stiern Middle School, or Highland High School.

19 Leased Single Family Homes Property Features

218640.00
PRICE REDUCTION! We are pleased to present for sale a single-family home portfolio with very strong/steady cash flow and stable tenants located in Bakersfield, California. This portfolio is comprised of 19 fully leased homes with an actual 6.7% cap rate a
51
Yes
6870.00
18314.00
18172.00
20168.00
66085.00
2561.00
11.00
Landlord/Lessor/Seller
152555.00
19
Residential Income
Seller
Partially
Partially
Partially
Partially
33
19
218640.00
1
24.0
51
Unfurnished
218640.00
218640.00
218640.00
19
Partially
Partially
Partially
Partially
Partially
Partially
Partially
Partially

College Heights-Baker Street REAL ESTATE NEWS

The College Heights-Baker Street market was quiet this week as no sales were reported over the previous 30 days. College Heights-Baker Street usually averages 0.2 sales per month. Read More »

No deals were completed in the College Heights-Baker Street market over the last 30 days. College Heights-Baker Street usually averages 0.3 sales per month. Read More »

The College Heights-Baker Street market was quiet this week and reported zero home sales over the last 30 days. College Heights-Baker Street usually averages 0.3 sales per month. Read More »

19 Leased Single Family Homes Map

Listing Information for MLS#

 Eddie Kohan, Kohan & Associates Real Estate
  Thursday, October 20, 2016 6:55:50 AM

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

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School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

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