1417 Oregon

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1417 Oregon

Bakersfield, CA 93305
Asking Price
$500K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Bakersfield
  • Asset features a two unit residential configuration
  • Property is listed at an asking price of 500000 dollars
  • Located within the 93305 zip code area of California
  • Suitable for investors targeting small scale residential holdings

What's Special

This multifamily apartment building serves as a practical addition to an investment portfolio, offering two units situated in Bakersfield, California. The asset provides a stable residential housing option within a region known for its strong agricultural roots and growing industrial base in the San Joaquin Valley. Investors can leverage this property for long-term rental income streams in a submarket supported by consistent demand for multi-family housing options. The location in the 93305 zip code positions residents near the primary infrastructure corridors that define this central California metro area. With its straightforward configuration, the building is well-suited for owners seeking manageable scale and functional residential square footage. As the Bakersfield economy continues to diversify, this apartment building remains a fundamental asset for market participants focused on residential real estate fundamentals and steady cash flow potential. Its presence in this established neighborhood reflects the ongoing need for quality rental inventory across the region.

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274

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