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$ 449,999
Est. payment | /mo
2,046 SqFt
$ 449,999
Est. payment | /mo
2,046 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,046 sqft
Price per Sqft $219
MLS Listing ID 202604769
Year Built 1954
Property Sub-Type 4 Units
Property Description
We are pleased to present a four unit multifamily property with strong value add potential, ideal for a first time buyer. The offering features spacious one bedroom one bath units that support consistent occupancy and long term rentability. One unit has been fully renovated with new flooring, fresh paint, creating a true move in ready unit. Ideal for an owner occupant looking to step into their first investment or lease it at market rent to generate income from day one. The remaining units offer clear upside through interior upgrades and rent growth as the asset is repositioned. Add income by revitalizing the laundry area with new machines, creating an additional revenue stream while boosting tenant appeal and the property's overall market value.BONUS DEVELOPMENT OPPORTUNITY:The property is zoned R-3 with a base density of 6 units. With California's State Density Bonus Law (SB181) and AB1287 (2023), the site has a high-density potential from 8 up to 12 units (Buyer to verify).
Location
State CA
County Kern
Area 31
Exterior
Parking Features Other
Parking On Site 4
Building
Story 1
Schools
Elementary Schools Jefferson_Bak
High Schools East
Listed by Esteban Contreras • Watson Realty
Nearby Locations
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