401 Woodrow Avenue

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401 Woodrow Avenue

Bakersfield, CA 93308
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in Bakersfield
  • Total building footprint contains three individual residential units
  • Property is situated at the address 401 Woodrow Avenue
  • Asset located within the 93308 zip code area
  • Bakersfield market provides a consistent demand for rentals

What's Special

This three-unit multifamily asset is located at 401 Woodrow Avenue in Bakersfield, California. Situated within the 93308 zip code, the property serves as a stable residential investment in a region known for its diverse agricultural and energy-based economy. The local market continues to see consistent demand for rental housing as the broader Bakersfield metro area experiences steady population growth. Given the configuration of the apartment building, this property is well-suited for investors seeking a manageable scale of residential units. The site offers efficient access to major local transit corridors, connecting residents to the wider central valley community. Future owners may consider this asset for long-term hold strategies or portfolio diversification within the Southern California multifamily landscape.

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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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