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2124 O ST
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily asset located in Bakersfield California
- Total inventory consists of seven residential units
- Investment priced at one million eighty thousand eighty-eight dollars
- Property generates a seven percent capitalization rate
- Includes a recently rehabilitated fourplex building
- Adjacent triplex included in the total unit count
What's Special
Investors seeking a stabilized cash-flowing asset will find this multifamily apartment complex in Bakersfield a compelling addition to their portfolio. The property comprises two distinct buildings, featuring a recently rehabbed fourplex alongside a triplex, providing a total of seven residential units. Situated in the 93301 zip code, the site benefits from its position within the regional hub of Kern County, an area supported by a diverse economy driven by energy, agriculture, and logistics sectors. With a reported 7% cap rate, this asset presents a clear opportunity for immediate yield in a major California inland market. The layout allows for efficient property management, while the renovated status of the fourplex component suggests minimized near-term capital expenditure requirements for a new owner. This configuration remains well-suited for long-term hold strategies aimed at residential rental income within this growing metro area.
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