Bakersfield, CA 93309 5001 Appleblossom Drive A
$5,700,000
12 more
Presented By: Eric Van Denk with Central Valley Property Advisors; 661-404-4404
Beds • 3
Baths • 2
SQFT • 14,408
Garage • 2
Year Built • 1979
Home Details
We are pleased to present this charming Southwest Bakersfield apartment complex!! This 34-unit apartment complex is perfectly situated in the highly desirable Southwest Bakersfield with current gross rents at over $560,000 a year. This property also comes with approved plans to add 2 additional ADU units with a completely redone exterior do not miss out. The pride of ownership at this location outshines all others you could not ask to buy a better turnkey property in the Southwest than this.
Presented By: Eric Van Denk with Central Valley Property Advisors; 661-404-4404
Interior Features for 5001 Appleblossom Drive A
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 5001 Appleblossom Drive A
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityBakersfield
Community FeaturesStreetLights, Pool
CountyKern
DirectionsFrom Northbound 99, exit and head West on White Lane. Right on Stine Rd.
Electric Expense4689.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income336528.0
HOANo
Home Warranty Y/NNo
Insurance Expense27995.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031, FHA
Lot Size Square Feet34848.0
Lot Size UnitsSquareFeet
MLS AreaBKSF - Bakersfield
MobileHomeRemainsYNNo
Net Operating Income336528.0
New ConstructionNo
Number Of Units Total34
Operating Expense224352.0
Pool FeaturesCommunity
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax LotA
Trash Expense8491.0
Unit NumberA
Water Sewer Expense10110.0
Waterfront Y/NNo
Year Built1979
Year Built SourceAssessor
Exterior for 5001 Appleblossom Drive A
Building Area Total14408.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSprinklersManual
Lot Size Acres0.8
Lot Size Area34848.0
Lot Size SourceAssessor
Number of Buildings5
Number of Separate Electric Meters40
Number of Separate Gas Meters40
Number of Separate Water Meters1
Open Parking Y/NNo
Pool Charge6409.0
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
Price
$5,700,000
MLS#MD25076169
List Date
04/08/2025
Property Type
Multi-Family
Phone
(310) 963-5595
