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729 L Street 16 Units

  • $4,700,000

729 L Street 16 Units, Bakersfield, California

Overview

  • Multi-Family Property (2-4 Units)
  • Property Type
  • 4700000
  • List Price
  • 48
  • Bedrooms
  • 32
  • Full Baths
  • 2008
  • Year Built
  • 20,560
  • Living Area sqft.
  • Address 729 L Street 16 Units
  • City Bakersfield
  • Zip/Postal Code 93304
  • Area Oleander/Sunset
  • Country United States

Description

Oak Park Townhomes, built in 2008, is comprised of sixteen (16) 3 bedroom, 2.5 bathroom Townhome units with the approximate SF/Unit of 1,285. There are a total of eight (8) Duplexes, each building with its own APN. Each Duplex is its own standalone building. The Market Rental rate is $2,200.00 per month/unit.

Each unit is constructed to Townhome specs with granite countertops in kitchens and bathrooms, downstairs tile flooring and LVP upstairs in the renovated units. Each unit has central HVAC and washer/dryer hook-ups located on the second floor. The tenant is responsible for the ownership and maintenance of the washer, dryer and refrigerator.

All units are individually metered, the Tenant pays electric and gas charges.

  • Oak Park Townhomes are well-constructed with excellent unit amenities, plus the property in close vicinity to historic downtown Bakersfield. The Duplex set-up offers an alternative strategy for investors to sell off each individual Duplex to smaller investors at a premium.

Details

Updated on March 3, 2022 at 1:59 pm
  • Price: $4,700,000
  • Bedrooms: 48
  • Bathrooms: 32
  • Year Built: 2008
  • Property Type: Multi-Family Property (2-4 Units)
  • Property Status: For Sale
  • Lockbox on Property: No
  • Syndicate My Listing: Yes
  • Cross Street: 8th
  • Name of Your Neighborhood: Oleander/Sunset
  • Common Interest: None
  • Year Built: 2008
  • Special Listing Conditions: Standard Listing
  • Living Area sqft.: 20,560
  • Garage Spaces: 32
  • Senior Community: No
  • Is There an HOA: No
  • Lease Considered: No
  • Stories Total: 2
  • Entry Level: First floor
  • Number of Units on Property: 16
  • Levels: Multi/Split
  • Buyer Agent Compensation: 1
  • Property Sub Type: Residential
  • Financing Terms: Cash, Conventional
  • Number of Half Bathrooms: 16
  • Total Number of Parking Spaces: 32
  • Directions to Property: Chester Ave. to 8th Street,8th Street to L & K Street
  • Sign on Property: No
  • Sewer Type: Private Sewer
  • Main Level Bathrooms: 16
  • Fencing: Partial
  • Property Restrictions: None Known
  • Roof: Tile/Clay
  • Sales Restrictions : None Known
  • Typography : Level
  • Open House 1 Start time: 12:00 AM
  • Open House 1 End Time: 12:00 AM
  • Open House 2 Start Time: 12:00 AM
  • Open House 2 End Time: 12:00 AM
  • Unit Number: 16 Units
  • Street Number: 729
  • Street Name: L Street

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