410 E 21st

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410 E 21st

Bakersfield, CA 93305
Asking Price
$270K
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 configuration for residential use
  • Priced at 269900 dollars for the entire property
  • Located within the 93305 zip code of California
  • Positioned in an established area of the San Joaquin Valley

What's Special

This multifamily apartment building contains two units and is situated in Bakersfield, California. Located in the 93305 zip code, the property serves as a functional investment asset within the regional housing market. Bakersfield remains a significant hub for the San Joaquin Valley economy, supported by diverse sectors including agriculture, energy, and logistics. The city continues to attract residents seeking affordable living options relative to major coastal metropolitan areas. Given the two-unit configuration, this asset is well-suited for investors interested in residential income properties or owner-occupant strategies. The property provides a entry point into the local rental market, which maintains consistent demand from the local workforce and growing population. Its position in this established submarket offers potential for long-term hold strategies.

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NOI
$80,000
Cap Rate
29.64%
DSCR
4.99
Strong
Cash-on-Cash
79.01%
Monthly Payment
$1,335.318
Annual Cash Flow
$63,976.185

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