Keegan Cin | Realtor® | License # DRE 01971604

Property

Bakersfield, CA 93304 1716 3rd Street

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Presented By: Alejandro Mora with The Mora Partners Inc.; 661-463-8186
  • MLS# SR24237877
  • 11/20/2024
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 3
  • SQFT • 2,400
  • Year Built • 1972

Home Details

Discover this prime value-add multifamily investment opportunity in Bakersfield, CA! This property features two buildings with a combined 2,400 Sq. Ft. of living space on a 6,793 Sq. Ft. lot. The front duplex includes two 2-bedroom, 1-bath units (900 Sq. Ft. each) featuring fireplaces, A/C, and laundry connections. The back unit is a 600 Sq. Ft. 1-bedroom, 3/4 bath residence with an open-concept living and kitchen area. Recently updated, this unit is turn-key ready and was originally a garage that has been converted into living space over time. With 8+ parking spaces and all units on separate gas and electric meters, this property offers excellent convenience for tenants. It's a perfect opportunity for investors looking to renovate and maximize rental income.
Presented By: Alejandro Mora with The Mora Partners Inc.; 661-463-8186

Interior Features for 1716 3rd Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 1716 3rd Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityBakersfield
Community FeaturesSidewalks
CountyKern
Directions58 Fwy exit S. H St make left, left onto 3rd St
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationSide
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income43200.0
HOANo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, FHA, VaLoan
Lot Size Square Feet6793.0
Lot Size UnitsSquareFeet
MLS AreaBKSF - Bakersfield
MobileHomeRemainsYNNo
Net Operating Income30240.0
New ConstructionNo
Number Of Units Total3
Operating Expense12960.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot14
Trash Expense0.0
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1972
Year Built SourcePublicRecords

Exterior for 1716 3rd Street

Building Area Total2400.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1559
Lot Size Area6793.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourceOther

Additional Details

Price History

Justin Hughey

Price $389,900
MLS#SR24237877
List Date 11/20/2024
Property Type Multi-Family
Request Tour
Request Info

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