Bakersfield, CA 93306 721 Oswell Street
$1,475,000
2 more
Presented By: Douglas McCauley with MARCUS & MILLICHAP; 626-695-6776
Beds • 50
Baths • 25
SQFT • 700
Year Built • 1948
Home Details
SELLER FINANCING with 35% Down Payment at 5% Interest Only, Due in 8 Years. 721 Oswell Street, Bakersfield, CA (Unincorporated Kern County). A well-maintained mobile home park located in a highly desirable area of Bakersfield, California. The mobile home park features 25 mobile home spaces plus a one-one bedroom/one bathroom cottage. The property also includes two park-owned homes. Tenants are directly billed for gas and electricity while paying a flat monthly fee for water. The owner covers trash expenses through the property tax bill, offering predictable operational costs. The park has public sewer and city water.
Presented By: Douglas McCauley with MARCUS & MILLICHAP; 626-695-6776
Interior Features for 721 Oswell Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories1
Other Rooms
Entry Level1
General for 721 Oswell Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.92
Carport Y/NNo
CityBakersfield
Community FeaturesSuburban, Pool
CountyKern
DirectionsSouth of Pioneer Dr.
Electric Expense10485.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income167080.0
HOANo
Home Warranty Y/NNo
Insurance Expense4554.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsOwnerWillCarry
Lot Size Square Feet43560.0
Lot Size UnitsSquareFeet
MLS AreaBKSF - Bakersfield
MaintenanceExpense7500.0
MobileHomeRemainsYNNo
Net Operating Income72621.0
New ConstructionNo
Number Of Units Total26
Number of Units Leased24
Operating Expense86881.0
Pool FeaturesCommunity
Property Attached Y/NNo
Property Sub Type AdditionalManufacturedOnLand
Property SubtypeManufacturedOnLand
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tax Lot11
Taxes$33,955
Tenant PaysElectricity, Gas, Water
Trash Expense0.0
Water Sewer Expense8930.0
Waterfront Y/NNo
Year Built1948
Year Built SourceAssessor
ZoningC-2
Exterior for 721 Oswell Street
Building Area Total700.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLotOver40000Sqft
Lot Size Acres1.0
Lot Size Area43560.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters26
Number of Separate Gas Meters26
Number of Separate Water Meters1
Open Parking Y/NNo
Pool Charge1255.0
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,475,000
MLS#CV25060978
List Date
03/19/2025
Property Type
Multi-Family
Phone
(310) 963-5595
