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Listed by Karine Haneyan, DRE #02100210 • JohnHart Real Estate
$ 850,000
Est. payment /mo
Contingent
2508 Ashe RD Bakersfield, CA 93309
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Contingent
Purchase Type For Sale
MLS Listing ID CRGD26191747
Year Built 1978
Lot Size 0.310 Acres
Source California Regional MLS
Property Description
2508 Ashe Road is a well maintained five-unit multifamily property in a desirable Southwest Bakersfield location. Built in 1978, the property is in good condition and has a stable, reliable tenant mix. Vacant units rent very fast given the desirable area and central location. The unit mix includes four 2- bedroom x1bath units and one 3-bedroom unit. Each unit has in-unit laundry, central heating, and air conditioning. The property also includes five separate garages, with one garage attached to the three bedroom unit. Some rents are below market, providing a clear opportunity to increase income. California generally permits annual rent increases of 5% plus inflation, up to a maximum of 10%, where applicable. This is a strong income producing property with good tenants, desirable features, and room for future rental growth.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool None
Building
Water District - Public
Others
Tax ID 35536104001
Special Listing Condition Not Applicable , Accepting Backups
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