1700 Lincoln St

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1700 Lincoln St

Bakersfield, CA 93305
Asking Price
Contact for price
Asset Type
Multifamily
Class
Class B

AI Property Summary

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

  • The multifamily property contains a total of 10 individual units.
  • Investors can benefit from an existing 7.30% capitalization rate.
  • Located at 1700 Lincoln St in the city of Bakersfield.
  • The site is positioned within the established 93305 zip code.
  • This asset is currently available for purchase by interested parties.

What's Special

Bakersfield serves as a pivotal economic hub within the San Joaquin Valley, anchored by a diverse agricultural and energy-based economy. This multifamily asset located at 1700 Lincoln St occupies a central position within this growing market, providing direct access to the region's major transit corridors and employment centers. The property is currently configured with 10 units, catering to the steady demand for rental housing among the local workforce and residents seeking proximity to urban amenities. Given the established residential character of the neighborhood, the property is well-suited for investors looking to expand their portfolio in a stable California submarket. The layout and density of the site support long-term operational efficiency and consistent demand for multi-family living arrangements. This asset represents a functional addition to any investment strategy focused on residential stability and reliable income streams within the Inland Empire and surrounding valleys.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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