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$450,000
Est. payment /mo
5,654 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26145218
HOA Y/N No
Year Built 1981
Lot Size 5,654 Sqft
Property Sub-Type Duplex
Property Description
Excellent investment opportunity! This duplex was extensively renovated from the ground up in 2023, offering modern upgrades and strong income potential. Each unit features 3 bedrooms, 2 bathrooms, in-unit laundry hookups, and updated kitchens with newer appliances.
One unit is currently occupied by a Section 8 tenant who is in good standing, providing immediate rental income. The second unit is vacant and presents an opportunity for an owner-occupant or investor. The vacant unit recently experienced fire damage; however, permits have been pulled and secured, the plumbing has been replaced, the electrical system has been updated, allowing the next owner to complete the remaining work.
The property also offers ample off-street parking for both units. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers excellent potential. Buyers are encouraged to conduct their own due diligence regarding the status of repairs, permits, and any remaining work.
One unit is currently occupied by a Section 8 tenant who is in good standing, providing immediate rental income. The second unit is vacant and presents an opportunity for an owner-occupant or investor. The vacant unit recently experienced fire damage; however, permits have been pulled and secured, the plumbing has been replaced, the electrical system has been updated, allowing the next owner to complete the remaining work.
The property also offers ample off-street parking for both units. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers excellent potential. Buyers are encouraged to conduct their own due diligence regarding the status of repairs, permits, and any remaining work.
Location
State CA
County Kern
Area Bksf - Bakersfield
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Street Lights
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA 203(k)
Listing Terms Cash, Cash to New Loan, Conventional, FHA 203(k)
Special Listing Condition Standard
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Listed by Genesis White Real Estate Source, Inc 323-842-4991, DRE #01976959
Nearby School & Business
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